– Shares dropped almost 5% after the semiconductor company sounded alarms on "a number of industry-wide supply constraints" that it's experiencing. "These supply challenges are currently limiting our ability to fully satisfy the increase in demand for some of our networking products," the company said on an earnings call. It reported better-than-expected earnings for the third quarter, however.
During the most recent quarter, however, the company did beat top- and bottom-line estimates.— Shares of PagerDuty jumped more than 26% after the software company posted a better-than-feared quarterly report. PagerDuty reported a loss per share of 9 cents vs. a 10-cent loss per share analysts were expecting, according to Refinitiv. Its revenue also came in above estimates.
Did you fire Rick Santelli yet for that disgraceful, cartoonish and frankly dangerous raging tantrum?
FridayVigilExpo