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20:09
Rambus reports adjusted earnings per share (EPS) of $0.55 for the first quarter, with an operating margin of 34%.
Second quarter product revenue is expected to be $95 million to $101 million, contract and other revenue between $19 million and $25 million, and license orders between $76 million and $82 million. A certain exchange’s U.S. stock price rose 4% after hours.
20:05
Comtech Electronics Q1 revenue reaches $1.47 billion, analysts expected $1.46 billion
Adjusted earnings per share (EPS) for the first quarter were $1.96, while analysts expected $1.89. Full-year revenue is projected to be $6.13 billion to $6.23 billion, up from the company’s previous forecast of $5.9 billion to $6 billion.
20:03
The S&P 500 Index preliminary closed up by 0.1%, with the energy sector rising by 0.9%, financials up by 0.7%, technology up by 0.4%, real estate down by 0.8%, and consumer staples falling by 1.2%.
The Nasdaq 100 Index preliminarily closed roughly flat. Among its constituents, Arm Holdings preliminarily closed down 8.4%, T-Mobile fell 4.1%, and Charter Communications, Marvell Technology, AMD, Lam Research, and others declined by over 3%. Nvidia rose 3.9%, ranking third in performance, while Micron Technology gained 5.4% and Sandisk surged 7.9%. McDonald’s fell 3%. Walmart, Merck, IBM, and Coca-Cola dropped by more than 1%, leading declines among Dow Jones constituents. Goldman Sachs, JPMorgan, Nike, and American Express rose by more than 1%, leading the gains alongside Nvidia.
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