Investing.com - Line ADR reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Line ADR announced earnings per share of ¥-0.36 on revenue of ¥602.06M. Analysts polled by Investing.com anticipated EPS of ¥-0.04 on revenue of ¥578.13M.
Line ADR shares are up 4.73% from the beginning of the year and are trading at ¥51.33 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Line ADR follows other major Technology sector earnings this month
Line ADR's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of ¥1.82 on revenue of ¥37.15B, compared to forecasts EPS of ¥1.54 on revenue of ¥35.76B.
Taiwan Semiconductor had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of ¥0.92 on revenue of ¥12.4B, compared to forecast for EPS of ¥0.84 on revenue of ¥11.84B.
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