Cerner Earnings beat, Revenue Inline In Q3

  • Investing.com
  • Stock Market News
Cerner Earnings beat, Revenue Inline In Q3
Credit: © Reuters.

Investing.com - Cerner (NASDAQ: CERN ) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.

Cerner announced earnings per share of $0.72 on revenue of $1.37B. Analysts polled by Investing.com anticipated EPS of $0.71 on revenue of $1.37B.

Cerner shares are down 2.89% from the beginning of the year and are trading at $71.27 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 28.41% from the start of the year.

Cerner shares lost 2.02% in intra-day trade the report.

Cerner follows other major Technology sector earnings this month

Cerner's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.82 on revenue of $37.15B, compared to forecasts EPS of $1.54 on revenue of $35.76B.

Taiwan Semiconductor had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $0.92 on revenue of $12.4B, compared to forecast for EPS of $0.84 on revenue of $11.84B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100