Investing.com - VTEX reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
VTEX announced earnings per share of $-0.06 on revenue of $38.8M. Analysts polled by Investing.com anticipated EPS of $-0.05 on revenue of $38.05M.
VTEX shares are down 28.35% from the beginning of the year and are trading at $3.73 , down-from-52-week-high.
VTEX follows other major Communication Services sector earnings this month
VTEX's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.28 on revenue of $71.34B.
Meta Platforms had missed expectations on Wednesday, October 26, 2022 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.93 on revenue of $27.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar