Investing.com - CooTek Cayman reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
CooTek Cayman announced earnings per share of $-0.2 on revenue of $81.55M. Analysts polled by Investing.com anticipated EPS of $-0.01 on revenue of $157.4M.
CooTek Cayman shares are down 25.63% from the beginning of the year and are trading at $1.93 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
CooTek Cayman shares lost 6.31% in pre-market trade the report.
CooTek Cayman follows other major Technology sector earnings this month
CooTek Cayman's report follows an earnings beat by NVIDIA on Wednesday, May 26, 2021, who reported EPS of $3.66 on revenue of $5.66B, compared to forecasts EPS of $3.29 on revenue of $5.4B.
Cisco had beat expectations on Wednesday, May 19, 2021 with third quarter EPS of $0.83 on revenue of $12.8B, compared to forecast for EPS of $0.8219 on revenue of $12.57B.
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