Investing.com - QIWI reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
QIWI announced earnings per share of руб.47.35 on revenue of руб.10.21B. Analysts polled by Investing.com anticipated EPS of руб.27.76 on revenue of руб.4.59B.
QIWI shares are down 28.95% from the beginning of the year and are trading at руб.5.67 , down-from-52-week-high.
QIWI follows other major Information Technology sector earnings this month
QIWI's report follows an earnings beat by Broadcom on Thursday, September 1, 2022, who reported EPS of руб.9.73 on revenue of руб.8.46B, compared to forecasts EPS of руб.9.56 on revenue of руб.8.41B.
Oracle had missed expectations on Monday, September 12, 2022 with first quarter EPS of руб.1.03 on revenue of руб.11.45B, compared to forecast for EPS of руб.1.07 on revenue of руб.11.33B.
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