Bertramie wrote a post · Aug 1, 2023 16:34

Dow futures flat, Zoom dips 17.1% after earnings

U.S. stock futures were trading within a tight range during Monday's evening deals after major benchmark averages posted moderate gains as investors look toward a fresh deluge of quarterly earnings results throughout the week.

Yum China Holdings $Yum China (YUMC.US)$ fell 2.8% after the company reported Q2 EPS of $0.47 versus $0.46 expected, with revenues of $2.65 billion versus $2.72B expected.

Harmonic $Harmonic (HLIT.US)$ shed 13.7% after reporting Q2 EPS of $0.12 versus $0.13 expected, while revenues came in at $156M versus $167.52 M expected.

Arista Networks $Arista Networks (ANET.US)$ popped 14%, reporting Q2 EPS of $1.58 versus $1.44 expected on revenues of $1.46B versus $1.38B expected.

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