Cisco Systems — Shares of the computer networking giant gained about 2.5% after posting fiscal fourth-quarter earnings that beat Wall Street's expectations.
The company posted adjusted earnings of $1.14 per share, while analysts had forecast $1.06 per share, according to Refinitiv.
Synopsys — The stock advanced 2.3% after the electronic design automation company beat fiscal third-quarter earnings expectations.
Synopsys reported adjusted earnings of $2.88 per share, which was 14 cents per share higher than analysts' expectations, according to Refinitiv.
Wolfspeed reported $236 million in revenue, however, surpassing analysts' expectations of $223 million, according to Refinitiv.
Persons:
Synopsys, Sassine Ghazi, Amcor, VinFast
Organizations:
Cisco Systems —, Revenue, Wednesday, FactSet, Hawaiian Electric Industries, Electric, Street
Locations:
Refinitiv, California