Check out the companies making headlines in after-hours trading: Snowflake — Shares of Snowflake popped more than 9% on the back of the company’s better-than-expected fourth-quarter report. The data cloud analytics company reported adjusted earnings of 30 cents per share on revenue of $987 million, while analysts surveyed by LSEG expected earnings of 17 cents per share on revenue of $956 million. Nvidia — The chipmaker’s shares edged about 0.6% higher on a strong earnings report. Nvidia exceeded fourth-quarter estimates on the top and bottom lines and said it sees first-quarter revenue coming out higher than the Street’s expectations. Nvidia reported adjusted earnings of 89 cents per share on revenue of $39.33 billion, surpassing the consensus forecast of 84 cents per share on $38.05 billion, per LSEG. Its revenue in the latest quarter rose 78%, and full fiscal-year revenue for Nvidia rose 114% to $130.5 billion, reflecting continued strong demand. Salesforce — Shares of the enterprise software company inched higher by less than 1% on mixed fourth-quarter results . Salesforce reported adjusted earnings of $2.78 per share, beating analysts’ expectations of $2.61 per share. Its revenue of $9.99 billion came out under analysts’ forecast of $10.04 billion, per LSEG, dragging shares. Nutanix — Shares of the cloud computing company popped 12%. Nutanix posted adjusted earnings of 56 cents per share on revenue of $655 million in the fiscal second quarter. That surpassed analysts’ expectations of 47 cents per share in earnings and $642 million in revenue, per LSEG. Paramount Global — Shares of the media company slipped about 1% after Paramount significantly missed fourth-quarter expectations. Paramount posted a loss of 11 cents per share, while analysts polled by LSEG called for earnings of 12 cents per share. Revenue came out at $7.98 billion for the period, below the consensus forecast of $8.10 billion, according to LSEG. Teladoc — The provider of virtual health-care services slid 10%. Teladoc posted a fourth-quarter loss of 28 cents per share, worse than the loss of 24 cents per share analysts polled by LSEG were anticipating. Revenue for the period was in line with expectations, landing at $640 million. Sweetgreen — Shares of the salad chain tumbled 13% as the company offered weak guidance. Full-year revenue is expected to range between $760 million and $780 million, while analysts polled by LSEG sought $789 million. Sweetgreen posted a wider-than-expected loss in the fourth quarter, and its revenue for the period also fell short. eBay — Shares of the online marketplace lost 7% on the back of disappointing guidance. EBay sees first-quarter revenue ranging between $2.52 billion and $2.56 billion, while analysts polled by LSEG predicted $2.59 billion. The outlook overshadowed top- and bottom-line beats in the fourth quarter. C3.ai — Shares of the enterprise software stock slipped about 2%, even after the company posted better-than-expected quarterly results. C3.ai reported a loss of 12 cents per share on revenue of $99 million. Analysts polled by LSEG expected a loss of 25 cents per share on revenue of $98 million. Ibotta – Shares of the mobile tech company plummeted 32%. Revenue for the fourth quarter fell short of analysts’ guidance, landing at $98 million versus the $104 million expected, per LSEG. The outlook for the first quarter’s revenue was also weak. — CNBC’s Darla Mercado contributed reporting.
Stocks making the biggest moves after hours: NVDA, SNOW, EBAY, NTNX
No Comments3 Mins Read
Previous ArticleAre You Eligible For A 2025 Stimulus Check?
Next Article Does applying for a loan hurt your credit score?
Related Posts
Add A Comment