Investing.com - QIWI reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
QIWI announced earnings per share of руб.74.79 on revenue of руб.8.73B. Analysts polled by Investing.com anticipated EPS of руб.31.51 on revenue of руб.5.21B.
QIWI shares are down 28.95% from the beginning of the year, still down 35.20% from its 52 week high of руб.8.75 set on November 23, 2021.
QIWI follows other major Information Technology sector earnings this month
QIWI's report follows an earnings beat by Apple on October 27, who reported EPS of руб.1.29 on revenue of руб.90.1B, compared to forecasts EPS of руб.1.26 on revenue of руб.88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of руб.2.35 on revenue of руб.50.1B, compared to forecast for EPS of руб.2.32 on revenue of руб.49.86B.
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