Check out the companies making headlines in after hours trading. Paramount Global — Shares rose less than 1% after the parent of CBS television said its CEO Bob Bakish would step down and be replaced by an “office of the CEO.” The news comes as Paramount posted per-share earnings of 62 cents, topping the 36 cents anticipated by analysts polled by LSEG. Otherwise, revenue of $7.69 billion missed the expected $7.73 billion. Chegg — The education technology stock fell more than 7%. Chegg announced a CEO change and issued disappointing second-quarter revenue guidance of $159 million to $161 million, lower than the $174 million expected by analysts polled by LSEG. NXP Semiconductors — Shares popped more than 5% after the chipmaker posted adjusted earnings of $3.24 per share, more than the $3.16 per share consensus estimate from LSEG. Revenue of $3.13 billion came in line with forecasts. Amkor Technology — Shares advanced nearly 7% after the semiconductor manufacturing company 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 more than the anticipated $1.36 billion. Second-quarter earnings …
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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. Paramount Global — Shares rose less than 1% after the parent of CBS television said its CEO Bob Bakish would step down and be replaced by an “office of the CEO.” The news comes as Paramount posted per-share earnings of 62 cents, topping the 36 cents anticipated by analysts polled by LSEG. Otherwise, revenue of $7.69 billion missed the expected $7.73 billion. Chegg — The education technology stock fell more than 7%. Chegg announced a CEO change and issued disappointing second-quarter revenue guidance of $159 million to $161 million, lower than the $174 million expected by analysts polled by LSEG. NXP Semiconductors — Shares popped more than 5% after the chipmaker posted adjusted earnings of $3.24 per share, more than the $3.16 per share consensus estimate from LSEG. Revenue of $3.13 billion came in line with forecasts. Amkor Technology — Shares advanced nearly 7% after the semiconductor manufacturing company 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 more than the anticipated $1.36 billion. Second-quarter earnings …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
