Check out the companies making headlines in extended trading. Nvidia — The artificial intelligence chipmaker dropped 5% even after Nvidia beat expectations in its fiscal second-quarter results. Adjusted earnings per share of 68 cents exceeded the LSEG consensus estimate of 64 cents per share. Revenue of $30.04 billion exceeded the anticipated $28.7 billion. In the current quarter, Nvidia expects about $32.5 billion in revenue, more than the $31.
Analysts polled by LSEG called for $625 million. Fiscal fourth quarter results also came in ahead of Wall Street's estimates. Five Below — The discount retailer jumped nearly 7%. The top range of Five Below's full-year guidance surpassed analysts' estimates, with the company calling for adjusted earnings of $4.35 to $4.71 per share on revenue of $3.73 billion to $3.80 billion. Analysts polled by LSEG called for $4.69 per share in earnings and $3.78 billion in revenue.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »