Stock Movements in Premarket Trading

Shares of F5 surged nearly 14% following the software company’s impressive fiscal third-quarter results, which exceeded both top and bottom-line expectations. F5 reported adjusted earnings of $3.36 per share, significantly higher than the LSEG estimate of $2.97. In contrast, Amkor's outlook for the fourth quarter fell short, projecting earnings per share between 42 cents and 56 cents, below the FactSet forecast of 64 cents. The company’s full-year earnings guidance also missed expectations, estimating between $7.94 and $8.04 per share against an anticipated $8.16. Lattice Semiconductor experienced a sharp decline of 15.9% after reporting second-quarter earnings that did not meet market expectations. The company earned 23 cents per share on $124 million in revenue, while analysts had predicted 24 cents and $130 million, respectively. Similarly, shares of automation firm Symbotic dropped over 19% due to weak guidance for the upcoming fiscal fourth quarter, despite reporting $491.9 million in revenue for the third quarter, surpassing Wall Street's forecast of $464.6 million. In contrast, Howmet Aerospace saw an 8% increase in shares after posting second-quarter adjusted earnings of 67 cents per share, exceeding the expected 60 cents. PayPal also enjoyed a 4% rise in shares, reporting adjusted earnings of $1.19 per share, well above the anticipated 99 cents. However, Procter & Gamble faced a 3% decline after reporting second-quarter revenue of $20.53 billion, falling short of the $20.74 billion expected, despite adjusted earnings surpassing forecasts.