U.S. Movers: Amazon.com, Cadence Design, Chegg, F5, NXP Semiconductors

Scott Peters
28 Oct, 2025
New York City

NXP Semiconductors increased 2% to $226.0, and the Dutch manufacturer reported better-than-expected third-quarter results. 

Revenue decreased 2% to $3.2 billion from $3.25 billion. Net income decreased 12% to $631 million from $745 million, and diluted earnings per share dropped 11% to $2.48 from $2.79 a year ago. 

The company's fourth-quarter guidance surpassed market expectations. 

Revenue in the fourth quarter is estimated to range between $3.2 billion and $3.4 billion, operating income between $878 million and $1.0 billion, and diluted earnings per share to fall between $2.40 and $2.81. 

Cadence Design Systems decreased 1.4% to $346.50, and the software company lifted its full-year outlook. 

Revenue increased to $1.3 billion from $1.2 billion, net income advanced to $287.1 million from $238.1 million, and diluted earnings per share rose to $1.05 from 87 cents a year ago. 

The company said the backlog at the end of the quarter increased to $7.0 billion, and revenue expected to be recognized in the next 12 months from remaining performance obligations was $3.5 billion.

Cadence estimated full-year revenue to range between $5.26 billion and $5.29 billion, and diluted net income per share to fall between $3.80 and $3.86. 

Chegg Inc. decreased to $1.40 after the company announced it would lay off 45% of its corporate staff, and the former chief executive Dan Rosensweig returned effective October 27, replacing the current CEO Nathan Schulz.

Amazon.com Inc. rose 0.4% to $228.0, and the company plans to lay off as many as 30,000 from its corporate ranks as the e-commerce company accelerates its AI investment. 

F5 Inc. dropped 7.7% to $267.53, and the cybersecurity company's guidance fell short of market expectations. 

Revenue in the fiscal fourth quarter increased 8% to $810 million from $747 million, net income advanced 15% to $190 million from $165 million, and diluted earnings per share rose to $3.26 from $2.80 a year ago. 

Systems revenue jumped 42% to $186 million, software revenue inched up 0.3% to $229 million, and global services advanced 2% to $396 million from a year ago, respectively.