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.
Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the
Verizon (NYSE: VZ) reported Third-quarter 2021 financial results before the regular trading hours on Wednesday. The telecommunications giant reported Q3 revenue of $32.9 billion, up 4.3% year-over-year and above the
Philip Morris International Inc. (NYSE: PM) reported Third-quarter 2021 earnings results today. Net revenues increased 9% year-over-year to $8.1 billion. The reported net income amounted to $2.42 billion compared to