Microsoft, F5, Navient, and other stocks experiencing significant price changes following the market close.

Microsoft, F5, Navient, and other stocks experiencing significant price changes following the market close.
Microsoft, F5, Navient, and other stocks experiencing significant price changes following the market close.

Check out the companies making headlines after the bell Tuesday:

The semiconductor company's shares surged over 4% after reporting better-than-expected quarterly revenue of $4.83 billion, exceeding a Refinitiv forecast of $4.43 billion. Additionally, Texas Instruments provided strong earnings and revenue projections for the upcoming quarter.

Despite reporting stronger-than-expected results for the previous quarter, Microsoft shares still dropped about 5%. The company's earnings per share came in at $2.48 on revenue of $51.73 billion, while analysts had predicted earnings per share of $2.31 on revenue of $50.88 billion.

F5's shares plummeted over 13% after the company issued revenue guidance for the current quarter that fell short of expectations. F5 predicts its fiscal second-quarter revenue to be between $610 million and $650 million, which is far below the $693 million that analysts had anticipated. The company attributed the disappointing forecast to supply chain constraints. Additionally, F5 reduced its full-year revenue growth estimates.

Navient's student loan services giant shares dropped 5.5% due to a disappointing quarterly profit, with adjusted core earnings per share of 78 cents, which fell short of the analysts' expectations of 87 cents per share, as reported by StreetAccount.

by Fred Imbert

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