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, still down 31.44% from its 52 week high of ¥29,580.00 set on November 18, 2021.
Shift follows other major Information Technology sector earnings this month
Shift's report follows an earnings missed by Oracle Corp Japan on September 21, 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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