announced CEO Ben Verwaayen would be departing from his head position as of the French-U.S. telecommunications gear maker. Shares plunged 7%.
reported earnings for its fiscal second quarter of 44 cents a share on revenue of $9.43 billion. Wall Street expected a profit of 42 cents a share on revenue of $9.28 billion. Shares decreased 2.3%
shares fell 0.52% on Thursday after the company reported a loss of 44 cents a share on revenue of $9.01 billion. Analysts were expecting 46 cents a share on $8.92 billion in revenue.
(LNKD - Get Report)
shares decreased 1.3% on Thursday before it reported earnings after the closing bell. The business-focused social networking company reported adjusted earnings of 35 cents a share on revenue of $303.6 million. Consensus among analysts polled by
expected 19 cents a share on $280 million of revenue.
-- Written by Joe Deaux in New York.