Investing.com - TomTom ADR reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
TomTom ADR announced earnings per share of $-0.48 on revenue of $123.7M. Analysts polled by Investing.com anticipated EPS of $-0.14 on revenue of $149.29M.
TomTom ADR shares are down 20.93% from the beginning of the year , still down 35.03% from its 52 week high of $6.28 set on September 11, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
TomTom ADR follows other major sector earnings this month
TomTom ADR's report follows an earnings missed by Aeon ADR on July 8, who reported EPS of $-0.6 on revenue of $19.35B, compared to forecasts EPS of $-0.09 on revenue of $18.75B.
Orkla ASA ADR had beat expectations on Monday with second quarter EPS of $0.12 on revenue of $1.18B, compared to forecast for EPS of $0.1 on revenue of $1.15B.
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