NXP Semiconductors
Source: nxp.com
Check out the companies making headlines in extended trading.
Cadence Design Systems — Shares fell 4% after the company reported its second-quarter results. Revenue in the company’s products and maintenance category came in at $922.8 million, according to StreetAccount, while analysts had estimated $928.8 million. Services revenue also missed expectations, coming in at $53.8 million, while analysts had expected $57.9 million.
Whirlpool — Kitchen and laundry shares fell 2% after reporting mixed earnings. Whirlpool reported adjusted earnings per share of $4.21, beating analysts’ estimates of $3.76 per share at Refinitiv. Meanwhile, revenue fell short of estimates, with Whirlpool reporting $4.79 billion, compared with analysts’ projections of $4.82 billion.
NXP Semiconductors — Shares rose 1% after the chipmaker reported its latest quarterly earnings. NXP reported adjusted earnings per share of $3.43 on revenue of $3.3 billion. Analysts had estimated earnings per share of $3.29 on revenue of $3.21 billion, according to Refinitiv. The company’s projected third-quarter earnings also beat analysts’ estimates.
F5 networks — Shares of the cloud-based software company jumped 7% after posting both the highest and lowest profit in its fiscal third quarter. F5 reported adjusted earnings of $3.21 per share on revenue of $703 million. Analysts were calling for earnings per share of $2.86 on revenue of $699 million, according to Refinitiv.