) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. Adjusted earnings of $2.12 per share handily topped the $2.03 estimate. Net sales were $6.78 billion compared to the expected $6.68 billion.
The company is reporting that is up 5.3% year on year, coming in higher than what the street was expecting.Net sales are coming in at 1.58 billion, Uh, just slightly higher than estimates here at 1.57 in total.And then the third segment of the business display in a adjacent markets, UH, net sales there coming in at $251 million.Which is why, Julie, I think you may be seeing that the stock here teetering a bit and extended hours that came in lower than expected.The estimate was at 215.
Uh, remember, they are under federal investigation in terms of, um, trying to go around, or at least allegedly, uh, the export controls that have in place.Um, particularly as they try to find a market share elsewhere, right?So, obviously a big issue for them.
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