Investing.com - Shift reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Shift announced earnings per share of ¥71.3 on revenue of ¥17.9. Analysts polled by Investing.com anticipated EPS of ¥81.8 on revenue of ¥17.87B.
Shift shares are down 22.34% from the beginning of the year and are trading at ¥20,280.0 , down-from-52-week-high.
Shift follows other major Information Technology sector earnings this month
Shift's report follows an earnings missed by Oracle Corp Japan on Wednesday, September 21, 2022, who reported EPS of ¥88.39 on revenue of ¥51.02B, compared to forecasts EPS of ¥93.47 on revenue of ¥51.64B.
Rorze had beat expectations on Tuesday with second quarter EPS of ¥418.97 on revenue of ¥24.07B, compared to forecast for EPS of ¥270.6 on revenue of ¥22.36B.
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