Amazon Signage during 2024 Ces Event in Las Vegas, Nevada, on Jan. 10, 2024.
Bridget Bennett | Bloomberg | Getty Images
Check out the companies making headlines in Extended Trading:
Amazon -The e-Commerce Giant Fell 2% After Issuing Weaker-That-Expected Guidance For the current Quarter. Amazon said it forecasts sales in the first quarter betteren $ 151 billion and $ 155.5 billion. Analysts surveyed by Lseg was looking for $ 158.5 billion. Meanwhile, the company’s fourth -Quarter earnings and Revenue Were Above Consensus Expectations.
Take-Two Interactive Software -The video game company Jumped Nearly 7% Despite Posting Fiscal Third-Quarter Revenue of $ 1.37 billion. Analysts Pollled by Lseg Had Expected $ 1.39 Billion. Take-two sees its current -Quarter Revenue, Based on Net Bookings, Coming in Between $ 1.48 billion and $ 1.58 billion versus the estimated $ 1.54 billion.
Affirm Holdings -Shares of the Payment Company Jumped More Than 9% Following a Top-Line Beat for the Fiscal Second QuarterAffirm Reported $ 866 Million in Revenues, While Analysts Expected $ 807 Million, per lseg. Gross Merchandise Volume Grew 35% Year-Over-Year in the Prior Quarter.
Pinterest – Shares of the Social Media Company Popped 18%. Revenue for The fourth Quarter Came in at $ 1.15 billion, slightly ahead of analysts’ Estimates of $ 1.14 Billion, per lseg. Pinterest also also said it expects revealue of $ 837 million to $ 852 million in the first quality, while analysts sought $ 833 Million.
Expedia -The stock gained 11% after the company’s fourth -Quarter Results Topped Wall Street Expectations. Expedia Posted Adjusted Earnings of $ 2.39 per share on Revenue of $ 3.18 Billion. That is more than the $ 2.04 per share on $ 3.07 billion in revenue that analysts had penciled in, according to lseg. The company also reinstated its Quarterly dividend at 40 cents per share.
Bill Holdings -Shares Plunged about 32% after the billing software company Issued disappointing fiscal Third-Quarter Revenue Guidance. Bill Holdings Expects for that Period to Generate Revenue Between $ 352.5 Million and $ 357.5 million, below the $ 360.4 million that analysts surveyed by LSEG WEREG WEREG WEREG WHEG However, Earnings and Revenue for the Second Quarter Beat Analysts’ Expectations.
Fortinet – The cybersecurity stock rallied 11%. Fortinet Posted Better-That-Expected Results for the Fourth Quarter, in addition to strong guidance for the full year. Fortinet sees full-yar revneues Falling Between $ 6.65 billion and $ 6.85 billion, Topping the $ 6.63 billion estimate from analysts, per lseg.
Elf beauty – The cosmetics company tumbled 23% after Slashing Its Guidance For the full fiscal year. ELF Now SEES SALES REANGING From $ 1.3 Billion to $ 1.31 billion, short of consensus estimates of $ 1.34 billion, per streetaccount. Adjusted Earnings for the Third Quarter also Narrowly Missed Expectations, Coming in at 74 Cents Per Share Versus Analysts’ Forecast for 75 CENTS A Share, Per Lseg.
Monolithic Power Systems -The Semiconductor Stock Soared 16% Following Strong Fourth-Quarter Results. Monolithic Power Systems Reported Adjusted Earnings of $ 4.09 per share on review of $ 621.7 Million. Analysts surveyed by factset had called for earnings of $ 3.98 per share on $ 608.1 million in revelation. The company also is also issued better-that-exposed revidance for the current Quarter and a $ 500 Million Stock Repurchase Program. Management also increase the Quarterly Dividend by Nearly 25%.
, CNBC’s Sean Conlon, Lisa Kailai Han and Darla Mercado Contributed Reporting.
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