Investing.com - Kubient reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Kubient announced earnings per share of $0.120 on revenue of $480K. Analysts polled by Investing.com anticipated EPS of $-0.240 on revenue of $500K.
Kubient shares are down 30% from the beginning of the year, still down 67.74% from its 52 week high of $3.45 set on December 23, 2021.
Kubient follows other major Communication Services sector earnings this month
Kubient's report follows an earnings missed by Alphabet C on October 25, who reported EPS of $1.06 on revenue of $69.09B, compared to forecasts EPS of $1.26 on revenue of $71B.
Meta Platforms had missed expectations on October 26 with third quarter EPS of $1.64 on revenue of $27.71B, compared to forecast for EPS of $1.9 on revenue of $27.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar