for $10.7 billion. The semiconductor company said it expects the acquisition to result in more than $1 billion in run-rate cost synergies in the 12 months following the deal's close.gained more than 2% after the announcement. The company also reported first-quarter adjusted earnings per share of 43 cents on revenue of $1.25 billion. Analysts had expected earnings per share of 33 cents on revenue of $1.
19 billion, according to Refinitiv consensus estimates.jumped 4% after announcing its second-quarter earnings. The review forum company reported second-quarter earnings per share of 16 cents on revenue of $247 million. Analysts had expected earnings per share of 12 cents on revenue of $247 million, according to Refinitiv consensus estimates.
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Twitter will be next as the GOP cut off ad spending this afternoon. Can anyone say earnings shortfall?
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