9 months ago
52 Pedestrians locomotion past Yum! Brands Shanghai, China
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Check retired the companies making headlines successful extended trading.
Yum China — The edifice franchiser's shares fell 3.4% pursuing its mixed second-quarter results. The institution announced 47 cents successful adjusted net per stock connected $2.65 cardinal successful revenue. Analysts polled by Refinitiv had expected 46 cents net per stock connected $2.68 cardinal successful revenue. Management noted that same-store income crossed its restaurants inactive remained beneath pre-pandemic levels.
ZoomInfo Technologies – Shares shed 17% successful extended trading aft the institution posted a anemic outlook for third-quarter revenue. The information institution anticipates $309 cardinal to $312 cardinal successful revenue, portion analysts called for $326 million, according to Refinitiv. ZoomInfo's gross successful the latest 4th besides missed expectations, coming successful astatine $309 million, portion analysts estimated $311 million.
Western Digital — The information retention company's banal gained 2% aft a better-than-expected fiscal 4th fourth net report. Western Digital posted a nonaccomplishment of $1.98 per stock connected $2.67 cardinal successful revenue. Analysts had estimated a nonaccomplishment of $2.01 per stock connected $2.53 cardinal successful revenue, according to Refinitiv.
Arista Networks — Shares roseate much than 11% aft the company's quarterly net topped analysts' expectations. Arista reported adjusted net of $1.58 per share, versus statement expert estimates of $1.44 per share, according to Refinitiv. Revenue besides came successful higher than expected astatine $1.46 billion, compared to expert expectations of $1.38 billion.
Lattice Semiconductor — The banal declined 2.6% aft absorption noted that the institution "is not immune to macroeconomic challenges" impacting the spot sector. Lattice reported second-quarter net of 52 cents per share, adjusted, connected gross of $190.1 million, portion analysts polled by FactSet called for 51 cents successful net per stock connected gross of $188.2 million.
Rambus — The banal tumbled much than 8% aft the merchandise of its second-quarter earnings. Rambus posted $120 cardinal successful revenue, versus analysts' forecast for $133 million, according to Refinitiv. Licensing billings and merchandise gross besides declined twelvemonth implicit year.
Monolithic Power Systems — Shares mislaid 3.8% Monday successful extended trading. The little extremity of the semiconductor company's gross guidance for the 3rd 4th came successful beneath analysts' estimates. Monolithic forecasts gross of $464 cardinal to $484 cardinal for the 3rd quarter, portion analysts called for $473.4 million, per FactSet.
SBA Communications — Shares of the existent property concern spot added much than 4%. The wireless infrastructure institution reported second-quarter gross of $678.5 million, portion analysts called for $676.9 million. SBA besides announced a recently signed maestro lease statement with AT&T.
