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Check out the companies making headlines after hours. Palantir Technologies – Shares jump 17% after Palantir’s revenue declined in the fourth quarter. LSEG, formerly known as Refinitiv, reported revenue of $608.4 million, compared with analysts’ expectations of $602.4 million. The company reported adjusted earnings of 8 cents per share, which was in line with analysts’ expectations. CEO Alex Karp also highlighted growth in the company’s artificial intelligence platform. NXP Semiconductors – The chipmaker gained 3% after stronger-than-expected fourth-quarter results. NXP announced adjusted earnings of $3.71 per share, which was 8 cents above analysts’ estimates surveyed by LSEG. The company’s revenue of $3.42 billion also beat analysts’ estimates of $3.40 billion. Chegg – Stock declined 1% after revenue guidance for the first quarter came in below expectations. Meanwhile, the company reported adjusted earnings per share that were in line with analysts’ expectations and revenue soared in the fourth quarter, according to LSEG. Vertex Pharmaceuticals – Shares of Vertex were 2.6% higher after declining on both the top and bottom lines in the fourth quarter. The company reported adjusted earnings of $4.20 per share, beating analysts’ estimates of $4.10 per share, per LSEG. Revenue of $2.52 billion was slightly above the consensus forecast of $2.51 billion. Rambus – The chip maker declined 7.9% after reporting a year-over-year decline in revenue during the fourth quarter. Revenue last quarter was $122.2 million, down from $122.4 million the year before. Simon Property Group – Shares rose about 1% after the real estate investment trust issued strong earnings guidance for the full year. Occupancy also increased 90 basis points year-on-year to 95.8% by December 31, 2023. The company reported revenue in line with analysts’ estimates and raised its dividend to $1.95 from $1.90. Aecom – Shares of the infrastructure consulting firm rose 2.6%. In the first fiscal quarter, the company reported adjusted earnings of $1.05 per share, beating the consensus estimate of 95 cents per share, according to FactSet. Revenue was below analysts’ estimates. Aecom reported $1.71 billion excluding items, compared with analysts’ expectations of $1.74 billion. CABOT – Shares of the specialty chemicals company rose 1.2% after fiscal first-quarter earnings and revenue beat analysts’ expectations. Cabot posted $1.56 in adjusted earnings per share on revenue of $958 million. Analysts had estimated earnings of $1.50 per share and revenue of $953 million, according to FactSet.
