Earnings, Revenue Beat The Street
Mellanox reported second-quarter profit of $0.99 a share, beating the $0.74 consensus estimate. Revenue was $133.47 million, while analysts only expected $128.34 million. MLNX soars 44 percent before the bell on my tradeMONSTER platform.
Comp Sales Boost Select Comfort
Select Comfort earned $0.30 a share on revenue of $205.22 million. The Street was looking for $0.27 on revenue of $198.27 million. Same-store sales grew a whopping 25 percent as well! SCSS rallies 23 percent before the bell.
Textron Flies Past Consensus
Textron's earnings and revenue both beat expectations. Profit was $0.58 a share and revenue was $3.02 billion, versus expectations of $0.44 and $2.99 billion, respectively. TXT climbs 7 percent in the pre.
Skyworks Adds To Strength in Chip Industry
Skyworks Solutions had third-quarter profit of $0.45 a share, beating the $0.44 average analyst estimate. Revenue was $389 million, compared with the $383 million consensus number. SWKS is up 8 percent in early trading.