Investing.com - So-Young reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
So-Young announced earnings per share of -0.42 on revenue of 359.65M. Analysts polled by Investing.com anticipated EPS of 0.09 on revenue of 325.82M.
So-Young shares are up 65.24% from the beginning of the year, still down 49.59% from its 52 week high of 17.26 set on February 17. They are outperforming the Nasdaq which is up 1.9% from the start of the year.
So-Young shares lost 3.97% in intra-day trade following the report.
So-Young follows other major Technology sector earnings this month
So-Young's report follows an earnings beat by Apple on April 28, who reported EPS of 1.4 on revenue of 89.58B, compared to forecasts EPS of 0.9864 on revenue of 77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of 1.95 on revenue of 41.71B, compared to forecast for EPS of 1.78 on revenue of 41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar