Texas Instruments’ (NASDAQ: TXN) reported a 2% drop in EPS and 7% decline in revenue for the first quarter of 2020. However, the results exceeded analysts’ expectations. TXN stock rose about 3% immediately after the earnings announcement in the after-market session.
To reflect the increased uncertainty, the company expanded the range of the second-quarter 2020 outlook. EPS is expected to be in the range of $0.64 and $1.04 and revenue is projected to be in the range of $2.61 billion to $3.19 billion for the second quarter.
Starbucks (NASDAQ: SBUX) reported fourth-quarter 2020 financial results after the closing bell on Thursday. The coffee chain reported an 8% decline in Q4 revenues to $6.20 billion, which was better
Facebook (NASDAQ: FB) reported third-quarter 2020 financial results after the closing bell on Thursday. The social media giant reported a 22% spike in Q3 revenue to $21.47 billion, which was
Amazon.com, Inc. (NASDAQ: AMZN) reported third quarter 2020 earnings results today. Net sales increased 37% year-over-year to $96.1 billion. Net income increased to $6.3 billion, or $12.37 per share, from