Investing.com - Cavitation Techs Inc reported on Tuesday first quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Cavitation Techs Inc announced earnings per share of $0.000 on revenue of $963.000. Analysts polled by Investing.com anticipated EPS of $0.000 on revenue of $1.73M.
Cavitation Techs Inc shares are down 75% from the beginning of the year, still down 80.00% from its 52 week high of $0.12 set on November 5, 2021.
Cavitation Techs Inc follows other major Information Technology sector earnings this month
Cavitation Techs Inc's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of $1.79 on revenue of $20.23B, compared to forecasts EPS of $1.65 on revenue of $19.44B.
Accenture had beat expectations on September 22 with fourth quarter EPS of $2.6 on revenue of $15.42B, compared to forecast for EPS of $2.57 on revenue of $15.39B.
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