Investing.com - Thunder Software Tech reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Thunder Software Tech announced earnings per share of ¥0.56 on revenue of ¥1.38. Analysts polled by Investing.com anticipated EPS of ¥0.51 on revenue of ¥1.46B.
Thunder Software Tech shares are up 50% from the beginning of the year and are trading at ¥99.69 , down-from-52-week-high.
Thunder Software Tech shares lost 6.31% in intra-day trade the report.
Thunder Software Tech follows other major Information Technology sector earnings this month
Thunder Software Tech's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Zhejiang Jingsheng Mech Electric had beat expectations on Tuesday with third quarter EPS of ¥0.62 on revenue of ¥3.09B, compared to forecast for EPS of ¥0.5751 on revenue of ¥2.83B.
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