Did AMBR's Q3 2022 earnings beat or miss forecasts?

Amber International (AMBR) missed earnings expectations in Q3 2022, with a net income of -$19.4 million and a total revenue of $41.03 million. The company's performance was notably impacted by significant revenue declines in its Clearing Services segment, which experienced a 77% decrease in revenue compared to the previous year's Q3. This segment's revenue was negatively affected by the reduced demand for office rental space due to the widespread adoption of remote work arrangements instituted in response to the COVID-19 pandemic. |code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code| |---|---|---|---|---|---|---|---| |AMBR|AMBR.O|Amber International|2021 Q4|7.6323E7|-7093000||185| |AMBR|AMBR.O|Amber International|2022 Q1|4.7376E7|-9287000||185| |AMBR|AMBR.O|Amber International|2022 Q2|3.8078E7|-4.5776E7||185| |AMBR|AMBR.O|Amber International|2022 Q3|4.1028E7|-1.94E7||185| |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |AMBR|AMBR.O|Amber International|2021 Q4|-1208.28125|-3.0104712041884816||185| |AMBR|AMBR.O|Amber International|2022 Q1|-24.3239625167336|-28.822115384615383||185| |AMBR|AMBR.O|Amber International|2022 Q2|-7767.671691792295|-51.18330299223097||185| |AMBR|AMBR.O|Amber International|2022 Q3|-637.082066869301|-52.74197449808218||185|