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Company News for Aug 17, 2022

  • Fabrinet’s FN shares soared 14.9% after the company reported fourth-quarter fiscal 2022 adjusted earnings per share of $1.68, surpassing the Zacks Consensus Estimate of $1.56.

  • Sea Ltd.’s SE shares plunged 13.9% after the company posted second-quarter 2022 adjusted loss per share of $1.03, wider than the Zacks Consensus Estimate of a loss per share of $0.92.

  • Shares of World Wrestling Entertainment Inc. WWE rose 1.5% after posting second-quarter 2022 adjusted earnings per share of $0.59, beating the Zacks Consensus Estimate of $0.56.

  • Shares of  Fluence Energy Inc. FLNC dropped 3% after reporting third-quarter fiscal 2022 adjusted loss per share of $0.86, wider than the Zacks Consensus Estimate of a loss per share of $0.33.


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