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Company News for Mar 6, 2023

Zacks Equity Research
·1-min read

  • Shares of Broadcom Inc. AVGO jumped 5.7% after the company reported first-quarter fiscal 2023 non-GAAP earnings of $10.33 per share, beating the Zacks Consensus Estimate of $10.16 per share.

  • VMware, Inc.’s VMW shares soared 6.9% after the company reported fourth-quarter fiscal 2023 non-GAAP earnings of $2.13 per share surpassing the Zacks Consensus Estimate of $1.98 per share.

  • Shares of C3.ai, Inc. AI surged 33.7% after the company reported third-quarter fiscal 2023 loss of $0.06 per share narrower than the Zacks Consensus Estimate of a loss of $0.22.

  • The Cooper Companies, Inc.’s COO shares gained 7.3% after the company reported first-quarter fiscal 2023 adjusted earnings of $2.90 per share, outpacing the Zacks Consensus Estimate of $2.66 per share.

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