Investing.com - Mfe-Mediaforeurope reported on Tuesday second quarter earnings that matched analysts' forecasts and revenue that fell short of expectations.
Mfe-Mediaforeurope announced earnings per share of €0.030 on revenue of €508M. Analysts polled by Investing.com anticipated EPS of €0.030 on revenue of €741.92M.
Mfe-Mediaforeurope shares are down 42.46% from the beginning of the year, still down 71.04% from its 52 week high of €1.51 set on November 16, 2021.
Mfe-Mediaforeurope follows other major Communication Services sector earnings this month
Mfe-Mediaforeurope's report follows an earnings beat by 11 AG on September 9, who reported EPS of €0.55 on revenue of €976.1M, compared to forecasts EPS of €0.5008 on revenue of €991.79M.
Media and Games had beat expectations on August 31 with second quarter EPS of €0.0474 on revenue of €78.05M, compared to forecast for EPS of €0.04 on revenue of €78.05M.
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