Investing.com - Ballard reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ballard announced earnings per share of $-0.1 on revenue of $25.2M. Analysts polled by Investing.com anticipated EPS of $-0.063 on revenue of $26.02M.
Ballard shares are down 17% from the beginning of the year and are trading at $19.34 , down-from-52-week-high.They are under-performing the Nasdaq which is up 24.01% from the start of the year.
Ballard follows other major Technology sector earnings this month
Ballard's report follows an earnings beat by Microsoft on Tuesday, October 26, 2021, who reported EPS of $2.27 on revenue of $45.32B, compared to forecasts EPS of $2.08 on revenue of $44B.
Meta Platforms had beat expectations on Monday, October 25, 2021 with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.49B.
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