Investing.com - Alchip Tech reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Alchip Tech announced earnings per share of 5.76 on revenue of 2.97B. Analysts polled by Investing.com EPS of 6.15 on revenue of 2.97B.
Alchip Tech 's are down 9% and is trading at 925.00 , still down 30.19% from its 52 week high of 1,325.00 set on Friday, November 12, 2021.
Alchip Tech follows other major Information Technology sector earnings this month
Alchip Tech's report follows an earnings beat by Hon Hai Precision on Tuesday, August 9, 2022, who reported EPS of 2.4 on revenue of 1,509.81B, EPS of 2.2 on revenue of 1,434.79B.
QCI had missed expectations on Wednesday with second quarter EPS of 1.02 on revenue of 270.5B, for EPS of 1.07 on revenue of 268.46B.
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