Investing.com - Wejo reported on Monday third quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Wejo announced earnings per share of $-0.28 on revenue of $2.85M. Analysts polled by Investing.com anticipated EPS of $-0.28 on revenue of $2.85M.
Wejo shares are up 14% from the beginning of the year , still down 95.23% from its 52 week high of $19.90 set on Thursday, November 18, 2021.
Wejo follows other major Communication Services sector earnings this month
Wejo's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.26 on revenue of $71B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.9 on revenue of $27.44B.
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