Stock Groups

Microsoft, F5, Navient & more

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Satya Nadella, Microsoft’s CEO, speaks to the crowd at Microsoft Developer Day Singapore (May 27, 2016).

Bloomberg | Bloomberg | Getty Images

See the headlines made by the following companies after Tuesday’s bell.

Texas Instruments — Shares of the semiconductor company popped more than 4% on the back of a better-than-expected quarterly revenue figure. Texas Instruments’ fourth quarter revenue was $4.83 Billion, surpassing the $4.43 Billion Refinitiv estimated. It also provided strong guidance on revenue and earnings for the current quarter.

Microsoft — Microsoft shares slid about 5% even after the tech giant posted stronger-than-expected results for the previous quarter. For $51.73billion in revenue, the company posted a loss of $2.48 per share. For $50.88billion in revenue, analysts predicted earnings per share at $2.31.

F5 — F5 shares dropped more than 13% after the company issued current-quarter revenue guidance that was well below expectations. F5 stated that fiscal 2Q revenue is expected to range between $610m and $650m. StreetAccount estimates that analysts were expecting guidance to be around $693 millions. F5 pointed out supply chain issues as the reason for F5’s disappointing forecast. Also, F5 lowered its estimates for full-year revenue growth.

Navient — Shares of the student loan services slid 5.5% on the back of a disappointing quarterly profit. Navient posted core adjusted earnings per share at 78c. StreetAccount reports that analysts expected Earnings of 87 Cents Per Share.

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