Folks stroll by electrical truck maker Rivian’s newly opened storefront within the Meatpacking District of Manhattan, New York Metropolis, June 23, 2023.
Spencer Platt | Getty Photographs
Take a look at the businesses making headlines after hours.
Rivian Automotive — Rivian Automotive dipped about 2.5% in prolonged buying and selling. The decline comes even after the electrical automaker beat second-quarter expectations on the highest and backside strains. Rivian reported an adjusted lack of $1.08 per share on income of $1.12 billion. Analysts polled by Refinitiv had anticipated a loss per share of $1.41 on income of $1.0 billion.
Tremendous Micro Pc — Tremendous Micro Pc tumbled 12% in prolonged buying and selling even after reporting an earnings beat. The data know-how firm reported fiscal fourth-quarter adjusted earnings of $3.51 per share on income of $2.18 billion. Analysts polled by Refinitiv anticipated per share earnings of $2.96 on income of $2.08 billion. It additionally issued first-quarter steerage, the midpoint of which was barely above estimates.
Axon Enterprise — Axon Enterprise superior 10% after the weapons maker behind the Taser and different merchandise beat prime and backside line expectations in its newest earnings outcomes. Axon reported second-quarter adjusted earnings of $1.11 per share, exceeding the 62 cents per share consensus estimate from FactSet. It posted income of $374.6 million, greater than the $350.5 million forecast by analysts.
Penn Leisure — Penn Leisure surged 22% after the leisure and on line casino firm mentioned it is launching a web-based sportsbook with ESPN, referred to as ESPN Guess, this fall.
Take-Two Interactive Software program — Take-Two Interactive Software program popped 3.4% in prolonged buying and selling after reaffirming full-year bookings steerage. Nevertheless, the online game firm reported income of $1.20 billion in its first quarter, decrease than the consensus estimate of $1.21 billion, in line with Refinitiv. Take-Two additionally issued second-quarter bookings steerage of 1.40 billion to 1.45 billion, in contrast with estimates for 1.45 billion.
Twilio — Shares gained 10% after Twilio reported a beat on the highest and backside strains in its newest earnings outcomes. Twilio reported second-quarter adjusted earnings of 54 cents per share on income of $1.04 billion. Analysts polled by Refinitiv had anticipated per share earnings of 30 cents on income of $986 million.
Bumble — Bumble shares dipped 3.5% in prolonged buying and selling. The net courting firm posted second-quarter earnings of 5 cents per share on income of $260 million. Analysts had anticipated per share earnings of three cents on income of $257 million, in line with Refinitiv.
Lyft — Lyft shares have been 6% decrease in prolonged buying and selling after initially popping greater than 12% following the discharge of the ride-hailing firm’s second-quarter outcomes. Lyft posted income of $1.02 billion, in step with the estimate from analysts polled by Refinitiv. In the meantime, adjusted per share earnings got here in at 16 cents, beating the expectation of a lack of 1 cent per share.
Why brokers and prop corporations are transferring away from DiscordThough brokers and prop corporations have managed communities of merchants on publicly out there platforms like Discord, new challenges associated to compliance are driving...
Google is notifying mother and father utilizing its Household Hyperlink parental controls by way of e-mail that their youngsters will quickly be capable to entry Gemini AI Apps on their monitored Android gadgets,...
Begin Time: 09:00 January 1, 0000 9:07 AM ET Distribution Options Group, Inc. (NASDAQ:DSGR)Q1 2025 Earnings Convention NameCould 01, 2025, 09:00 AM ET Firm Contributors Bryan King - Chairman and CEORon Knutson -...
Berkshire Hathaway lead director Sue Decker says Buffett’s heir apparent, Greg Abel, has been embraced by the board and has been taking over a good larger administration place. Berkshire hosts its annual...
