Company News for Aug 18, 2023

• Cisco Systems Inc.’s (CSCO) shares surged 3.3% after reporting fourth-quarter fiscal 2023 adjusted earnings per share of $1.14, surpassing the Zacks Consensus Estimate of $1.06.  
• Amcor plc ‘s (AMCR) shares gained 1.7% after the company reported fourth-quarter fiscal 2023 adjusted earnings per share of $0.19, outpacing the Zacks Consensus Estimate of $0.18.
• Shares of Avnet, Inc. (AVT) climbed 8.1% after the company posted fourth-quarter fiscal 2023 adjusted earnings per share of $2.06, exceeding the Zacks Consensus Estimate of $1.63.  
• Shares of Bilibili Inc. (BILI) rose 0.7% after posting second quarter 2023 revenues of $757.02 million, beating the Zacks Consensus Estimate by 3.21%.

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