Microsoft, First Photo voltaic, FireEye & extra

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Microsoft, First Photo voltaic, FireEye & extra

Kevin Mandia, CEO, FireEye Scott Mlyn | CNBCTry the businesses making headlines noon after hours on Tuesday:Microsoft — Microsoft shares whipsawed


Kevin Mandia, CEO, FireEye 

Scott Mlyn | CNBC

Try the businesses making headlines noon after hours on Tuesday:

Microsoft — Microsoft shares whipsawed after the tech large reported better-than-expected outcomes for the earlier quarter. The corporate posted an adjusted revenue of $1.82 per share on income of $37.15 billion. Analysts anticipated earnings per share of $1.54 on income of $35.72 billion. Microsoft’s cloud phase noticed its income develop by 20% on a year-over-year foundation.

First Photo voltaic — Shares of the solar-panel maker popped greater than 16% after the corporate posted quarterly earnings that beat analyst expectations. First Photo voltaic posted earnings per share of $1.45 on income of $928 million. Analysts anticipated earnings of 61 cents per share on gross sales of $688 million, in accordance with Refinitiv. The corporate additionally issued better-than-expected earnings steerage for the fourth quarter.

FireEye — FireEye gained greater than 4%, boosted by better-than-expected third-quarter outcomes. The cybersecurity firm posted a revenue of 11 cents per share on income of $238 million. Analysts polled by Refinitiv had forecast earnings per share of seven cents on income of $228 million. Gross sales from its product, subscription and assist providers had been higher than anticipated.

Chubb — Shares of the insurance coverage large climbed 2% on the again of third-quarter income that beat analyst expectations. The corporate stated its income for the quarter got here in at $8.47 billion, topping a Refinitiv estimate of $8.16 billion.  Chubb’s earnings per share, nevertheless, fell wanting estimates.

Juniper Networks — Juniper Networks noticed its inventory rise greater than 3% after the networking know-how firm launched its outcomes for the third quarter. Juniper’s earnings per share got here in at 43 cents, matching a FactSet estimate. Product and repair revenues had been additionally above analyst expectations.



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