Investing.com - Electrovaya Inc. reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Electrovaya Inc. announced earnings per share of $-0.005 on revenue of $9.7M. Analysts polled by Investing.com anticipated EPS of $0.000 on revenue of $10.4M.
Electrovaya Inc. shares are up 16.13% from the beginning of the year and are trading at $1.080 , down-from-52-week-high.
Electrovaya Inc. follows other major Industrials sector earnings this month
Electrovaya Inc.'s report follows an earnings missed by Blackline Safety on Wednesday, September 14, 2022, who reported EPS of $-0.27 on revenue of $18.6M, compared to forecasts EPS of $-0.205 on revenue of $18.58M.
Transat AT Inc had missed expectations on Thursday, September 8, 2022 with third quarter EPS of $-3.2 on revenue of $508.3M (NYSE:MMM), compared to forecast for EPS of $-3.19 on revenue of $571.58M.
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