Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more

Stock Market

In this article

NXP Semiconductors
Source: nxp.com

Check out the companies making headlines in extended trading.

Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to analysts’ estimates for $928.8 million, according to StreetAccount. Revenue for services also missed expectations, coming in at $53.8 million, compared to $57.9 million anticipated by analysts.

Whirlpool — The kitchen and laundry company’s stock dipped 2% after a mixed earnings announcement. Whirlpool posted $4.21 in adjusted earnings per share, coming above Refinitiv analysts’ estimates of $3.76 earnings per share. Meanwhile, revenue fell below estimates, with Whirlpool reporting $4.79 billion compared to analysts’ projections of $4.82 billion. 

NXP Semiconductors — Shares rose 1% after the chipmaker posted its latest quarterly earnings results. NXP reported $3.43 in adjusted earnings per share on $3.3 billion in revenue. Analysts had estimated $3.29 earnings per share and revenue of $3.21 billion, according to Refinitiv. The company’s projected third-quarter earnings also topped analysts’ estimates. 

F5 Networks — The cloud-based software company’s shares popped 7% after posting a top- and bottom-line beat in its fiscal third quarter. F5 posted adjusted earnings of $3.21 per share on revenue of $703 million. Analysts called for $2.86 in earnings per share and revenue of $699 million, according to Refinitiv.

Articles You May Like

Broker dealers divided over applying rules to small firms
Apple hit with €1.8bn fine for breaking EU law over music streaming
Norton Rose Fulbright hires Radecki, Pennock
Recovery costs for Maui fire are putting Hawaii’s budget at risk
Lawyers in Musk pay case seek $6bn in Tesla shares