Let’s check out the companies that are becoming a hot topic for after-hours trading. Texas Instruments — The company soared more than 9% after reporting better-than-expected first-quarter guidance. Texas Instruments now expects earnings per share to be between $1.22 and $1.48 and revenue between $4.32 billion and $4.68 billion. Analysts had expected revenue of $4.42 billion and earnings per share of $1.26 for the quarter, according to LSEG. Texas Instruments missed Wall Street’s fourth-quarter estimates for both profit and revenue. Seagate Technology — Despite strong fiscal second-quarter results, the storage infrastructure stock was down nearly 2% after Tuesday’s close. Seagate’s earnings were $3.11 per share on an adjusted basis of $2.83 billion. Analysts surveyed by LSEG had expected the company to report earnings of $2.81 per share and revenue of $2.73 billion. Seagate had soared 30% in the past month before its latest earnings report. Qorvo — The semiconductor maker plunged about 9% after announcing disappointing earnings guidance for its fiscal fourth quarter. Qorvo beat third-quarter earnings per share estimates, with adjusted earnings of $2.17 per share, beating the $1.85 expected by analysts surveyed by LSEG. Revenues of $993 million narrowly beat Street estimates of $988 million. F5 — The cloud computing and security company soared 13% after fiscal first-quarter earnings and sales beat expectations. F5 had adjusted earnings per share of $822 million and revenue of $822 million, compared with analysts’ estimates compiled by LSEG of $3.65 per share and revenue of $758 million. Earnings guidance for the fiscal second quarter far exceeded expectations.
