Check out the companies making headlines in after-hours trading. Qualcomm — Qualcomm shares fell 2% even after the chipmaker posted fiscal first-quarter results that beat expectations. Adjusted earnings per share of $2.75 were better than the $2.37 per share consensus estimate by LSEG, formerly known as Refinitiv. Adjusted revenue came in at $9.92 billion, topping the $9.52 billion expected by analysts. Align Technology — Shares popped 10% after Align Technology reported fourth-quarter results that surpassed estimates on the top and bottom lines. The orthodontics company reported adjusted earnings of $2.42 per share on revenue of $957 million. Analysts polled by LSEG were anticipating earnings of $2.18 per share on revenue of $934 million. Align also issued a rosy forecast for first-quarter revenue. MaxLinear — The computer hardware stock slid 11% after MaxLinear issued first-quarter revenue guidance below analysts’ expectations. For the first quarter, MaxLinear expects revenue between $85 million and $105 million, weaker than the $121.8 million expected by analysts, according to FactSet. Boot Barn — Shares dropped nearly 2% after Boot Barn reported fiscal third-quarter earnings of $1.81 per share. That compares to $1.74 per share in the year-ago period. The retailer for cowboy boots and Western wear also issued fiscal fourth-quarter earnings and revenue guidance that came in weaker than expected, per FactSet. MetLife — MetLife share …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in after-hours trading. Qualcomm — Qualcomm shares fell 2% even after the chipmaker posted fiscal first-quarter results that beat expectations. Adjusted earnings per share of $2.75 were better than the $2.37 per share consensus estimate by LSEG, formerly known as Refinitiv. Adjusted revenue came in at $9.92 billion, topping the $9.52 billion expected by analysts. Align Technology — Shares popped 10% after Align Technology reported fourth-quarter results that surpassed estimates on the top and bottom lines. The orthodontics company reported adjusted earnings of $2.42 per share on revenue of $957 million. Analysts polled by LSEG were anticipating earnings of $2.18 per share on revenue of $934 million. Align also issued a rosy forecast for first-quarter revenue. MaxLinear — The computer hardware stock slid 11% after MaxLinear issued first-quarter revenue guidance below analysts’ expectations. For the first quarter, MaxLinear expects revenue between $85 million and $105 million, weaker than the $121.8 million expected by analysts, according to FactSet. Boot Barn — Shares dropped nearly 2% after Boot Barn reported fiscal third-quarter earnings of $1.81 per share. That compares to $1.74 per share in the year-ago period. The retailer for cowboy boots and Western wear also issued fiscal fourth-quarter earnings and revenue guidance that came in weaker than expected, per FactSet. MetLife — MetLife share …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
