Lesaka Tech Earnings miss, Revenue beats In Q1

  • Investing.com
Lesaka Tech Earnings miss, Revenue beats In Q1

Investing.com - Lesaka Tech reported on Friday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Lesaka Tech announced earnings per share of $-0.09 on revenue of $121.79M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $53.7M.

Lesaka Tech shares are down 0% from the beginning of the year and are trading at $5.170 , down-from-52-week-high.They are outperforming the Nasdaq which is down 22.58% from the start of the year.

Lesaka Tech follows other major Information Technology sector earnings this month

Lesaka Tech's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, compared to forecasts EPS of $0.4991 on revenue of $6.7B.

Broadcom had beat expectations on Thursday, September 1, 2022 with third quarter EPS of $9.73 on revenue of $8.46B, compared to forecast for EPS of $9.56 on revenue of $8.41B.

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