Company News for Oct 31, 2023

JKS HLIT ON RVTY

  • Harmonic Inc.’s (HLIT) shares tumbled 1.6% after the company posted third-quarter 2023 adjusted earnings per share of a break-even, lagging the Zacks Consensus Estimate of $0.01.
  • Shares of JinkoSolar Holding Co. Ltd. (JKS) jumped 14.1% after reporting third-quarter 2023 adjusted earnings per share of $2.59, surpassing the Zacks Consensus Estimate of $1.96.
  • Shares of Revvity Inc. (RVTY) plunged 16.1% after posting third-quarter 2023 adjusted earnings per share of $1.18, below the Zacks Consensus Estimate of $1.19.
  • ON Semiconductor Corp.’s (ON) shares plummeted 21.8% after the company guided fourth-quarter 2023 adjusted earnings per share in the range of $1.13-$1.27, missing the consensus estimate of $1.36.

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