Sage Earnings, Revenue miss In Q2

  • Investing.com
Sage Earnings, Revenue miss In Q2
Credit: © Reuters.

Investing.com - Sage reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Sage announced earnings per share of £0.15 on revenue of £934.0M. Analysts polled by Investing.com anticipated EPS of £12.19 on revenue of £942.24M.

Sage shares are down 19% from the beginning of the year and are trading at £689.60 , down-from-52-week-high.They are under-performing the FTSE 100 which is up 0.46% from the start of the year.

Sage follows other major Information Technology sector earnings this month

Sage's report follows an earnings beat by Samsung Electronics Co Ltd DRC Pref on Thursday, April 28, 2022, who reported EPS of £32.18 on revenue of £61.13B, compared to forecasts EPS of £32.01 on revenue of £62.73B.

Hon Hai Precision ADR had missed expectations on Thursday with first quarter EPS of £0.1422 on revenue of £47.21B, compared to forecast for EPS of £0.148 on revenue of £48.14B.

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

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