A customer at Intel’s Synthetic Intelligence (AI) Day walks previous a signboard throughout the occasion in Bangalore, India
Manjunath Kiran | Getty
Try the businesses making headlines after hours Thursday:
Intel — Intel shares dropped 10% after the bell on the again of mixed results for the company’s fiscal third quarter. The chip maker reported adjusted earnings per share of $1.11, according to a Refinitiv estimate. Intel’s income for the quarter was barely above expectations. Nevertheless, gross sales for the corporate’s Information Heart Group got here in at $5.91 billion, under a FactSet estimate of $6.21 billion.
Mattel — Shares of the toy maker jumped about 8% after the corporate posted a lot better-than-expected outcomes for the earlier quarter. Mattel reported earnings per share of 95 cents on income of $1.63 billion. Analysts anticipated a revenue of 39 cents per share on income of $1.46 billion, in line with Refinitiv. The corporate’s outcomes had been pushed partly by robust gross sales from its Dolls division.
Gilead Sciences — Gilead popped greater than 3% after the Meals and Drug Administration authorized using the corporate’s remdesivir drug as a treatment against the coronavirus.
Robert Half International — Shares of the human sources firm ticked increased by 0.3% following the discharge of stronger-than-forecast quarterly earnings. Robert Half reported earnings per share of 67 cents, topping a FactSet estimate of 58 cents per share. “We’re more than happy that third-quarter and early October outcomes replicate constant weekly and month-to-month sequential good points throughout our divisions,” CEO M. Keith Waddell mentioned in a press release.
Seagate Technology — The info storage firm noticed its inventory fall greater than 5% following the discharge of blended outcomes for the earlier quarter. Seagate posted earnings of 93 cents per share, topping a Refinitiv estimate. Nevertheless, the corporate’s income of $2.31 billion was simply shy of analyst expectations.