Investing.com - CTT Systems AB reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CTT Systems AB announced earnings per share of kr1.21 on revenue of kr58.4M. Analysts polled by Investing.com anticipated EPS of kr0.7 on revenue of kr52M.
CTT Systems AB shares are down 31% from the beginning of the year, still down 23.63% from its 52 week high of kr264.50 set on November 19, 2021. They are under-performing the STOXX 600 which is down 13.83% from the start of the year.
CTT Systems AB follows other major Industrials sector earnings this month
CTT Systems AB's report follows an earnings beat by NIBE Industrier B on August 18, who reported EPS of kr0.6 on revenue of kr9.66B, compared to forecasts EPS of kr0.5148 on revenue of kr9.38B.
Hexatronic Group AB had missed expectations on August 19 with second quarter EPS of kr0.93 on revenue of kr1.67B, compared to forecast for EPS of kr0.9329 on revenue of kr1.67B.
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