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Keysight Beats Expectations, Kyndryl Falls Short; Northrop Grumman Declares Dividend, EVgo Launches Public Offering

  • May 16th, 2023
  • 523 views

Keysight Technologies, Inc. (NYSE: KEYS) has released its financial results for the second fiscal quarter ending April 30, 2022. The company reported earnings per share (EPS) of $2.12, surpassing the consensus estimate of $1.95.

Following the positive news, $KEYS experienced a notable increase in after-hours trading, currently at $157.80, reflecting a rise of $11.28 (+7.70%).

On the other hand, Kyndryl Holdings, Inc. (NYSE: KD) announced its financial results for the fourth quarter of the 2023 fiscal year, reporting a loss of $3.24 per share. This result fell short of the consensus estimate, which anticipated a loss of $1.03 per share.

$KD is trading at $13.65 in after-hours, representing a decrease of $0.73 (-5.08%).

In a separate development, the board of directors of Northrop Grumman Corporation (NYSE: NOC) has declared a quarterly dividend of $1.87 per share on its common stock. The dividend is payable on June 14, 2023, to shareholders of record as of the close of business on May 30, 2023.

Following this announcement, $NOC is trading at $437.29 in after-hours, showing an increase of $1.66 (+0.38%).

Furthermore, EVgo Inc. (NYSE: EVGO) has announced the commencement of an underwritten public offering of $125,000,000 worth of shares of its Class A common stock.

As a result, $EVGO is trading at $5.03 in after-hours, reflecting a decrease of $0.70 (-12.22%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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