Investing.com - HeartCore Enterprises reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
HeartCore Enterprises announced earnings per share of $-0.11 on revenue of $1.87M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $4.5M.
HeartCore Enterprises shares are down 67% from the beginning of the year and are trading at $1.14 , down-from-52-week-high.
HeartCore Enterprises shares lost 11.33% in intra-day trade the report.
HeartCore Enterprises follows other major Information Technology sector earnings this month
HeartCore Enterprises'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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