Morning's Earnings Calendar Stock Option News


Electronic Arts (EA) reported adjusted quarterly profit of $2.18 per share, missing estimates by a penny, with the videogame publisher's revenue also slightly below estimates. However, the company also gave stronger than expected guidance for the current quarter, with the launch of its "UFC 3" game set for later this week.

Advanced Micro Devices (AMD) beat estimates by 3 cents with adjusted quarterly profit of 8 cents per share. The chip maker's revenue also topped forecasts, as did its current quarter guidance.

Align Technology (ALGN) reported adjusted quarterly profit of $1.19 per share, well above the 96 cent consensus estimate, and the maker of Invisalign dental braces also saw revenue beat forecasts

 

Apple (AAPL) was downgraded to "market perform" from "outperform" at BMO Capital, which is considered that a secular change for the worse is in store for the iPhone.

 

 

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