Investing.com - DecisionPoint Systems reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DecisionPoint Systems announced earnings per share of $0.16 on revenue of $25.71M. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $20.95M.
DecisionPoint Systems shares are down 67% from the beginning of the year and are trading at $5.80 , down-from-52-week-high.
DecisionPoint Systems shares lost 21.62% in intra-day trade the report.
DecisionPoint Systems follows other major Information Technology sector earnings this month
DecisionPoint Systems's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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