Investing.com - TietoEVRY reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
TietoEVRY announced earnings per share of €0.65 on revenue of €712M. Analysts polled by Investing.com anticipated EPS of €0.6976 on revenue of €739.76M.
TietoEVRY shares are down 1% from the beginning of the year and are trading at €26.52 , down-from-52-week-high.They are under-performing the OMX Helsinki 25 which is up 6.36% from the start of the year.
TietoEVRY shares lost 6.49% in intra-day trade after the report.
TietoEVRY follows other major Technology sector earnings this month
TietoEVRY's report follows an earnings beat by Nokia Oyj on Thursday, February 4, 2021, who reported EPS of €0.14 on revenue of €6.57B, compared to forecasts EPS of €0.1101 on revenue of €6.4B.
F-Secure Oyj had missed expectations on Wednesday, February 10, 2021 with fourth quarter EPS of €0.02 on revenue of €57.9M, compared to forecast for EPS of €0.0225 on revenue of €56.53M.
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