Investing.com - Kaspien Holdings reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kaspien Holdings announced earnings per share of $-1.69 on revenue of $33.91M. Analysts polled by Investing.com anticipated EPS of $-0.47 on revenue of $39.34M.
Kaspien Holdings shares are down 70% from the beginning of the year and are trading at $2.86 , down-from-52-week-high.
Kaspien Holdings follows other major Information Technology sector earnings this month
Kaspien Holdings's report follows an earnings beat by NVIDIA on Wednesday, August 24, 2022, who reported EPS of $0.51 on revenue of $6.7B, compared to forecasts EPS of $0.4991 on revenue of $6.7B.
Broadcom had beat expectations on Thursday, September 1, 2022 with third quarter EPS of $9.73 on revenue of $8.46B, compared to forecast for EPS of $9.56 on revenue of $8.41B.
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