Skyworks Solutions Inc (NASDAQ:SWKS) (The Motley Fool)
What happened: In response to reporting a good start to the first year, shares of Skyworks Solutions (NASDAQ:SWKS), a manufacturer of specialty analog semiconductor chips, rose 10% as of 10:30 a.m. EST on Monday. So what: Here’s a quick review of the headline numbers from the quarter: Revenue jumped 15% to $1.052 billion. That was a smidge ahead of management’s guidance and met Wall Street’s expectation. Skyworks’ non-GAAP gross and operating margins expanded during the period, enabling net income to rise 23%.
Clearwater Paper Corp (NYSE:CLW) (Benzinga)
Clearwater Paper Corp fell 21.2 percent to $34.85 after the company posted downbeat Q4 earnings and issued a weak Q1 earnings forecast.
Tapestry Inc (NYSE:TPR) (CNBC)
Tapestry – The company formerly known as Coach earned an adjusted $1.07 per share for its fiscal second quarter, beating the consensus estimate of 89 cents a share. The handbag maker was helped by higher sales for the Coach and Stuart Weitzman brands. Tapestry also raised its full-year forecast.
AMC Entertainment Holdings Inc (NYSE:AMC) (MarketWatch)
Shares of theater chain AMC Entertainment Holding Inc. AMC, +0.37% were down 6% on relatively light volume during premarket trade on Tuesday after owner Dalian Wanda Group said on Monday that it was selling a $1.2 billion stake in its Chinese cinema business to Alibaba Group Holding Ltd. BABA, +1.84% and a government-backed firm in order to pay down debt. Adding pressure to shares is a broader market sell off that saw historic losses on Monday.