Sabela Ojea
Hasbro Inc. on Thursday said it is reducing its workforce by about 15% after posting a 17% decline in revenue in its latest quarter. Shares dropped 7.1% in after-hours trading.
KLA Corp. delivered third-quarter revenue guidance that came in below analysts expectations, according to FactSet. Shares of the chip equipment supplier plunged 6.1% in after-hours trading.
Intel Corp. missed Wall Street's targets for sales and earnings in the fourth quarter. Shares dived 9.7% in after-hours trading.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
01-26-23 1922ET