Integrated Device Technology, Inc. (IDTI) shares are down $0.20 to $25.30 in after-hours trading Monday after the company reported its third-quarter FY 2016 earnings results.
The developer of a range of semiconductor solutions posted earnings of $0.35 per share on revenues of $177.61 million, up 17.5% from a year ago. Analysts were expecting EPS of $0.35 on revenues of $174.96 million.
Alphabet Inc. (GOOG) reported fourth quarter EPS of $8.67 after the closing bell Monday, compared to the consensus estimate of $8.09. Revenues increased 18.5% from last year to $21.33 billion. Analysts expected revenues of $20.76 billion. The stock is currently up $41.00 to $793.00 on 4.54 million shares. The stock surge has pushed the search giant’s market cap to $570 billion, eclipsing Apple’s (AAPL) current market cap of about $534.7 billion.
Mattel, Inc. (MAT) rallied $2.04 to $28.80 in after-hours trading after it reported fiscal results for the fourth quarter FY 2015.
In its quarterly report, the manufacturer of toy products said it earned $0.67 per share, well above the $0.61 per share analysts were expecting. Revenue rose 0.3% yoy to $2.00 billion, above views for $1.91 billion.
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