Check out the businesses making headlines in after hours buying and selling. Paramount Global — Shares rose lower than 1% after the guardian of CBS tv mentioned its CEO Bob Bakish would step down and get replaced by an “office of the CEO.” The information comes as Paramount posted per-share earnings of 62 cents, topping the 36 cents anticipated by analysts polled by LSEG. Otherwise, income of $7.69 billion missed the anticipated $7.73 billion. Chegg — The training expertise inventory fell greater than 7%. Chegg introduced a CEO change and issued disappointing second-quarter income steering of $159 million to $161 million, decrease than the $174 million anticipated by analysts polled by LSEG. NXP Semiconductors — Shares popped greater than 5% after the chipmaker posted adjusted earnings of $3.24 per share, greater than the $3.16 per share consensus estimate from LSEG. Revenue of $3.13 billion got here according to forecasts. Amkor Technology — Shares superior almost 7% after the semiconductor manufacturing firm posted topped expectations. First-quarter earnings of 24 cents per share surpassed an estimate of 11 cents per share from Factset. Revenue of $1.37 billion was greater than the anticipated $1.36 billion. Second-quarter earnings and income steering additionally got here in higher than anticipated. Medifast — Shares of Medifast plunged greater than 17% after the diet and wellness firm posted first-quarter adjusted earnings of 66 cents per share, lacking the FactSet consensus estimate of 80 cents per share. Medifast additionally issued a weak second-quarter earnings and income outlook. F5 — The software safety cloud firm dropped 9% after F5 issued disappointing third-quarter income steering of $675 million to $695 million, in comparison with the $695 million LSEG consensus estimate. Second-quarter income of $681 million additionally missed the $685 million anticipated by analysts. Coursera — Coursera shares tumbled 15% after the web course supplier estimated second-quarter income of $162 million to $166 million, which was decrease than the $178 million anticipated by analysts polled by LSEG. Woodward — Shares popped greater than 6% after plane provider topped income expectations within the second quarter. Revenue of $835.3 million surpassed the $807 million FactSet consensus estimate, and the corporate raised its forecast for the yr. Sensata Technologies — Shares soared 17% after the sensor expertise firm beat first-quarter expectations on the highest and backside strains, and introduced its CEO Jeff Cote would retire and Martha Sullivan can be named interm president and CEO. Sensata additionally struck an settlement to Elliott Investment that will end in Phillip Eyler becoming a member of the board and serving on the CEO search committee.
https://www.cnbc.com/2024/04/29/stocks-making-the-biggest-moves-after-hours-para-nxpi-ffiv-and-more.html
