Electronic Arts Inc (NASDAQ: EA) reported fourth-quarter financial results.
EA reported fourth-quarter revenue of $1.874 billion. The company said net bookings increased 11% year-over-year to $1.946 billion.
Western Digital Corporation (NASDAQ: WDC) reported strong Q1 results but issued weak guidance.
Western Digital posted adjusted loss of $1.37 per share, versus market expectations of $1.57 per share. The company’s quarterly sales came in at $2.80 billion, versus estimates of $2.70 billion.
Stifel raised the price target for XPO, Inc. (NYSE: XPO) from $48 to $51. Stifel analyst J. Bruce Chan downgraded the stock from Buy to Hold. XPO shares fell 1.5% to $47.72 in pre-market trading.