Check out out the corporations creating headlines soon after the bell:
Pinterest — The social media stock drop extra than 7% soon after earnings for the new quarter fell quick of analysts’ expectations. Pinterest also shared direction for the to start with quarter that was lighter than envisioned and explained it expects profits to maximize by “reduced one digits” versus the 6.9% development amount expected by analysts.
Chegg — Chegg shares sank 20% in prolonged investing just after sharing weaker-than-envisioned very first-quarter and whole-calendar year income advice, according to Refinitiv. The enterprise cited financial uncertainties and subscriber progress worries.
Skyworks Remedies — The semiconductor inventory acquired 3% in prolonged investing just after asserting a $2 billion share buyback software. It came regardless of an earnings skip and gentle guidance for the current quarter.
Choose-Two Interactive – The online video game firm observed its shares tumble .5% after it posted quarterly revenue that arrived in below Wall Street’s expectations. Take-Two posted income of $1.38 billion, as opposed to estimates of $1.46 billion, according to Refinitiv.
ZoomInfo – Shares of the software package enterprise dipped about 5% just after hours pursuing the company’s quarterly final results for the most current time period. ZoomInfo described improved-than-predicted earnings and earnings, according to FactSet. On the other hand, the company’s revenue outlook for the initial quarter and entire calendar year have been reduced than what analysts anticipated
Spirit Airlines — The airline stock rose 3% for the duration of extended trading just after sharing much better-than-predicted fourth-quarter earnings. Spirit Airlines described for each-share earnings of 12 cents, excluding items. Analysts surveyed by FactSet had anticipated earnings of 3 cents a share.
Leggett & Platt — Shares of Leggett & Platt fell extra than 5% in prolonged buying and selling immediately after fourth-quarter earnings arrived in beneath analysts’ anticipations, according to FactSet. Entire-year for each-share earnings direction for the property and auto products maker also fell shorter of analysts’ anticipations.
— CNBC’s Tanaya Macheel and Darla Mercado contributed reporting
