Check out the companies making headlines in long-term deals.
Rhythm Design System — Shares fell 4% after the company reported its second-quarter results. The company’s products and maintenance category had revenue of $922.8 million, compared with analysts’ expectations of $928.8 million, according to StreetAccount. Services revenue also fell short of expectations, coming in at $53.8 million, compared with analysts’ expectations of $57.9 million.
swirl — Shares of the kitchen and laundry company fell 2% after a mixed earnings report. Whirlpool reported adjusted earnings of $4.21 a share, topping the $3.76 a share forecast by analysts on Refinitiv. Meanwhile, Whirlpool’s revenue missed expectations at $4.79 billion, compared with analysts’ forecast of $4.82 billion.
NXP Semiconductors — Shares rose 1% after the chipmaker reported its latest quarterly earnings results. NXP reported adjusted earnings per share of $3.43 on revenue of $3.3 billion. Analysts were expecting earnings of $3.29 a share on revenue of $3.21 billion, according to Refinitiv data. The company’s projected third-quarter earnings also topped analysts’ expectations.
F5 Network — Shares of the cloud-based software company rose 7% after reporting both revenue and net income rose in the fiscal third quarter. F5 reported adjusted earnings per share of $3.21 on revenue of $703 million. Analysts were expecting earnings of $2.86 a share on revenue of $699 million, according to Refinitiv data.