Investing.com -- Expand Energy Corp (NASDAQ: EXE) reported third quarter adjusted earnings of $1.46 per share, beating analyst estimates of $1.31 by $0.15. Revenue reached $3.29 billion, surpassing the consensus estimate of $2.86 billion.
The company generated net cash from operating activities of $1.177 billion during the quarter, driven by operational performance and liquids revenue. Net production averaged 7.54 Bcfe per day, consisting of 92% natural gas. Expand... (continue reading...)
Investing.com -- Sensata Technologies Holding NV (NYSE: ST) reported third quarter results that exceeded analyst expectations, but shares fell 5% in after-hours trading Tuesday following disappointing fourth quarter revenue guidance.
The sensor and controls manufacturer posted adjusted earnings per share of $1.13 for the third quarter, beating the analyst consensus of $0.96 by $0.17. Revenue reached $1.00 billion, surpassing the estimate of $973.41 million and up 7.7%... (continue reading...)
Investing.com -- NXP Semiconductors NV (NASDAQ: NXPI) reported third quarter results that exceeded analyst expectations but issued disappointing fourth quarter guidance, sending shares down 7% in after-hours trading Tuesday.
The semiconductor company posted adjusted earnings per share of $4.20 for the third quarter, beating the analyst estimate of $4.11 by $0.09. Revenue reached $3.79 billion, surpassing the consensus estimate of $3.76 billion and marking a 19% increase... (continue reading...)
Investing.com -- Physical Intelligence is in early discussions to raise at least $1 billion in fresh capital, a financing that would nearly double the robotics software startup's valuation to roughly $20 billion, Bloomberg reported. Existing backers Lux Capital and Avenir are in talks to lead the round, according to people familiar with the matter, signaling continued venture appetite for foundational artificial intelligence models tailored to the physical world.
The... (continue reading...)
Investing.com -- Rosenblatt Securities has named AMD as its top semiconductor pick heading into earnings season, citing strengthening data-center fundamentals and broadening demand despite recent share price declines across the sector.
The semiconductor group with significant data-center revenue exposure has seen share prices decline approximately 25% on average over the past month, according to Rosenblatt Securities. However, the firm notes that data-center... (continue reading...)
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