Microsoft CEO Satya Nadella speaks at Microsoft Developer Day in Singapore on Might 27, 2016.
Charles Pertwee | Bloomberg | Getty Photographs
Take a look at the corporations making headlines after the bell Tuesday:
Texas Tools — Stocks of the semiconductor corporate popped greater than 4% at the again of a better-than-expected quarterly income determine. Texas Tools reported fourth-quarter income of $4.83 billion, topping a Refinitiv estimate of $4.43 billion. The corporate additionally issued robust profits and income steering for the present quarter.
Microsoft — Microsoft stocks slid about 5% even after the tech large posted stronger-than-expected effects for the former quarter. The corporate reported a benefit of $2.48 in step with percentage on income of $51.73 billion. Analysts anticipated profits in step with percentage of $2.31 on income of $50.88 billion.
F5 — F5 stocks dropped greater than 13% after the corporate issued current-quarter income steering that used to be smartly beneath expectancies. F5 mentioned it sees fiscal second-quarter income ranging between $610 million and $650 million. In keeping with StreetAccount, analysts anticipated steering of round $693 million. F5 cited provide chain constraints for the disappointing forecast. The corporate additionally slashed its full-year income enlargement estimates.
Navient — Stocks of the coed mortgage services and products large slid 5.5% at the again of a disappointing quarterly benefit. Navient reported adjusted core profits in step with percentage of 78 cents. Analysts anticipated profits of 87 cents in step with percentage, consistent with StreetAccount.
