Amkor Technology , Inc rose 1.3% to $27.64 after the company reported weaker-than-anticipated earnings but revenues were ahead of expectations. 

Amkor said fourth quarter revenue increased 11% to $1.91 billion and net income fell 46% to $164 million from $306 million and diluted EPS declined to 67 cents from $1.24 a year ago. 

In 2022, revenue rose to $7.1 billion and net income rose to $766 million or $3.11 from $2.62 a year ago.

Avis Budget Group increased 6.9% to $235.69 after the rental car company reported a sharp in revenue and earnings. 

Avis Budget Group said revenue in the fourth quarter increased 8% to $2.77 billion and net income rose 11% to $424 million from $383 million or diluted earnings per share jumped to $10.10 from $6.63 a year ago.

Cadence Design Systems Inc increased 7.0% to $198.99 after the company reported better-than-expected quarterly results. 

Cadence said fourth quarter revenue increased 16.4% to $899.8 million from $773 million. Net income in the quarter increased to $240.4 million from $176.5 million and diluted earnings per share rose to 88 cents from 66 cents a year ago.

Check Point Software Technologies Ltd declined 2.1% to $125.50 after the reported a decline in earnings in its latest quarter. 

Check Point said revenue in the fourth quarter increased 7% to $638 million and net income rose to $269.9 million from $259.7 million and diluted EPS rose to $2.20 from $1.98 a year ago. 

In 2022, revenue increased 10% to $2.3 billion and net income fell 2% to 796.9 million or $6.37 a share.

The Coca-Cola Company decreased 1.4% to $59.77 after the global beverage company reported a rise in sales despite the strong dollar. 

Coca-Cola said revenue in the fourth quarter increased 7% to $10.1 billion and net income fell 16% to $2.0 billion from $2.5 billion and diluted EPS declined to 47 cents from 56 cents a year ago. 

In 2022, net revenue rose 11% to $43 billion and net income fell 2% to $9.5 billion or $2.19 a share.

The company increased its capital spending in 2022 by 9% to $1.5 billion and paid dividends of $7.5 billion.  

In 2022, the company issued $0.8 billion of shares in connection with the exercise of stock options by employees, and the company purchased $1.4 billion of shares, net share repurchases were $0.6 billion.

The company’s remaining share repurchase authorization is approximately $8 billion. 

Coca-Cola guided 2023 organic revenue to increase between 7% and 8%. 

IAC Inc rose 7.5% to $55.08 after the online platforms operator reported stronger-than-expected quarterly results.  

IAC said fourth quarter revenue increased 8% to $1.25 billion and the company swung to a net loss of $1.4 million from a profit of $13.0 million and diluted EPS was ($0.02) from a profit of 14 cents a year ago.

IAC holds 64.7 million shares of MGM Resorts International and EPS reflects decreases or increases in MGM’s share price as unrealized losses and gains. 

IAC’s stake in MGM was purchased for $1.3 billion in 2020 and 2022 and is worth $2.8 billion as of February 10, 2023.

Lattice Semiconductor Corp increased 7.7% to $89.10 after the company reported a rise in revenue and earnings in its latest quarter. 

Lattice said revenue in the fourth quarter increased 24% to $175.9 million and net income rose 82% to $51.9 million from $28.5 million and diluted EPS rose to 37 cents from 20 cents a year ago. 

In 2022, revenue increased 28% to $660.4 million and net income rose 87% to $179 million or $1.27 a share.

Marriott International Inc increased 3.2% to $179.58 after the hotel operator reported strong quarterly results on the back of a rebound in travel. 

Marriott said revenue in the fourth quarter increased 33% to $5.9 billion and net income rose 44% to $673 million from $468 million and diluted earnings per share increased to $2.12 from $1.42 a year ago.

The company added 145 properties with 22,589 rooms to its worldwide lodging portfolio during  the fourth quarter, including nearly 6,900 rooms converted from competitor brands and  approximately 16,700 rooms in international markets. 

At the end of the year, Marriott’s global lodging system totaled nearly 8,300 hotel and resorts properties, with over 1.525 million rooms.

PerkinElmer, Inc declined 0.8% to $137.66 after the diversified instruments and diagnostics equipment maker reported mixed quarterly results. 

PerkinElmer said revenue in the fourth quarter declined to $741 million and net income dropped to $137.6 million from $190.1 million and diluted EPS fell to $1.09 from $1.50 a year ago. 

In 2022, revenue fell to $3.3 million and net income fell to $579 million or $4.58 a share.

Treehouse Foods Inc declined 0.5% to $48.09 after the private label food products maker said quarterly loss declined. 

Treehouse Foods said revenue in the fourth quarter rose 22% $996 million and net loss shrank to $23.4 million from $24.9 million and diluted loss per share fell to 41 cents from 52 cents a year ago. 

In 2022, revenue increased to $3.4 billion and net loss increased to $146.3 million from $12.5 million.