AMAT, ROST, KEYS: Here are the stocks with the largest after-hours movements

A technician oversees a stack of wafers at the Applied Materials facility in Santa Clara, California.

Photo by David Paul Morris

Discover the latest news about these notable companies.

Applied Materials





— Applied Materials saw a nearly 2% increase in after-hours trading following better-than-expected results in its fiscal third quarter. The semiconductor equipment manufacturer reported adjusted earnings of $1.90 per share, surpassing analysts’ forecast of $1.74 per share. Its revenue also exceeded expectations at $6.43 billion, compared to the projected $6.16 billion.

Ross Stores





— The retail stock surged 5.7% after Ross Stores exceeded second-quarter expectations. The discount store company reported earnings of $1.32 per share, surpassing the consensus estimate of $1.16 per share. It also posted revenue of $4.93 billion, higher than the anticipated $4.75 billion.

Bill Holdings





— Bill Holdings’ shares declined 5.4% after the online payments company released its fiscal fourth-quarter results. Although Bill Holdings beat expectations in both earnings and revenue for the quarter, reporting adjusted earnings of 59 cents per share on $296 million in revenue, its weak first-quarter and full-year revenue outlook worried investors.

Keysight Technologies





— Shares of the electronic design company fell 7% after Keysight Technologies provided a disappointing outlook for its fiscal fourth quarter. The company expects adjusted earnings of $1.83 to $1.89 per share on revenue of $1.29 billion to $1.31 billion, while analysts had predicted earnings of $2 per share and revenue of $1.39 billion.

Farfetch





— Shares of Farfetch plummeted 33% after the online luxury retailer reported lower-than-expected second-quarter revenue. The company’s revenue stood at $572 million, falling short of the consensus estimate of $649 million from Refinitiv.

Reference

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Denial of responsibility! Vigour Times is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
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