After-hours movers: Palantir, NXP Semiconductors, Lumentum and more

Published 03/02/2025, 23:16
© Reuters.

After-hours movers:

Palantir (NASDAQ:PLTR) rose 18% after it easily beat consensus estimates for fourth quarter revenue and raised its guidance. U.S. government revenue grew 45% year-over-year and 7% quarter-over-quarter to $343 million.

Synaptics (NASDAQ:SYNA) declined 5% after its CEO accepted a job at Lumentum Holdings (NASDAQ:LITE). Lumentum shares were up 4%.

NXP Semiconductors (NASDAQ:NXPI) rose 2% after it reported positive quarterly results. Fourth quarter revenue was $3.11 billion, down 9 percent year-on-year.

Clorox (NYSE:CLX) declined 2.3% despite reporting solid second quarter result and raising guidance. Adjusted EPS decreased 28% to $1.55 from $2.16 in the year-ago quarter, primarily due to lower net sales, partially offset by cost savings.

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