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Financial Snapshot: Farfetch Surpasses Expectations, DXC Technology Faces After-Hours Decline, Globant Falls Short, Applied Materials Exceeds Estimates

  • May 18th, 2023
  • 546 views

In the latest financial reports, Farfetch Limited (NYSE: FTCH) announced an adjusted loss of $0.16 per share for the first quarter of 2023, surpassing the consensus estimate of a loss of $0.42 per share. As a result, $FTCH's after-hours trading shows a positive trend, with the stock currently trading at $5.25, reflecting an increase of $0.91 (+20.97%).

DXC Technology Company (NYSE: DXC) reported an adjusted earnings per share (EPS) of $1.02 for the fourth quarter of fiscal year 2023, slightly missing the consensus estimate of $1.03. However, in after-hours trading, $DXC is experiencing a decline, currently trading at $22.84, indicating a decrease of $1.00 (-4.19%).

Globant S.A. (NYSE: GLOB) released its first-quarter 2023 financial results, reporting an adjusted EPS of $0.84, which fell short of the consensus estimate of $1.27. Consequently, $GLOB is showing a decline in after-hours trading, with the stock currently trading at $150.51, reflecting a decrease of $1.15 (-0.76%).

Applied Materials, Inc. (Nasdaq: AMAT) disclosed its second-quarter results for the period ending April 30, 2023, revealing an adjusted EPS of $2.00, surpassing the consensus estimate of $1.84. However, in after-hours trading, $AMAT is experiencing a slight decrease, currently trading at $129.56, reflecting a decline of $0.36 (-0.28%).

 

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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