jumped 3.5% in extended trading despite the steel producer missing Wall Street's estimates for second-quarter revenue. The company reported revenue of $1.68 billion, versus the $1.74 billion analysts polled by Refinitiv were expecting. In a statement, CEO Roger Newport noted a "dramatic decline in carbon spot market pricing from a year ago." The company also adjusted its fiscal year earnings guidance to between 37 cents and 44 cents, above the 34 cents analysts had expected.
fell 9% after the machine vision systems company released its second-quarter earnings and lowered its third-quarter revenue guidance. The company reported earnings per share of 28 cents on revenue of $199 million, versus the earnings per share of 23 cents and revenue of $195 million analysts surveyed by Refinitiv had expected. The company adjusted its third-quarter revenue guidance to between $175 million and $185 million, below the $218 million analysts had estimated.
$AKS up? 🤔
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