Examine out the organizations building headlines in after-hour investing.
Bumble – The dating application business plummeted 15% right after it claimed 3rd-quarter revenue was below Wall Street’s anticipations, in accordance to StreetAccount. Bumble mentioned fourth-quarter earnings and modified earnings prior to interest, taxes, depreciation, and amortization would likely arrive in underneath expectations thanks to headwinds from overseas forex and the war among Russia and Ukraine. Competitor Match Team slid 1%.
FICO – Shares of the analytics company jumped 10% following it beat StreetAccount’s expectation for for every-share earnings and income when reporting fourth-quarter earnings following the bell. The organization also mentioned it expects to conquer estimates on the two for the comprehensive 12 months.
Rivian – Shares of the electric powered vehicle maker acquired 5% after the enterprise described a smaller sized for every-share decline than expected by analysts polled by Refinitiv. Revenue arrived in under expectations. The company reaffirmed its whole-yr manufacturing direction.
ZipRecruiter – The stock popped nearly 15% right after the position market defeat StreetAccount’s estimates for 3rd-quarter for every-share earnings and earnings. The business also lifted its comprehensive-year guidance and said its board has authorized a $200 million enhance to its share repurchasing program.
Further than Meat – The plant-based mostly foods maker regarded for its meat choices drop nearly 1% adhering to its 3rd-quarter earnings report that confirmed it posted a wider-than-envisioned loss, in accordance to StreetAccount. Income was a bit bigger than predicted. For the fiscal 12 months, the business reiterated prior net earnings estimates. Beyond Meat also observed it will incur a one-time cost of about $4 million similar to the selection created previous thirty day period to lay off 19% of its workforce.
Dutch Bros – Shares of the coffee chain added 5% following Dutch Bros posted beats on the best and base lines, in accordance to Refinitiv.
Canoo – The inventory added 3.4% after the electric car enterprise posted smaller sized for every-share earnings and altered EBITDA losses than envisioned, in accordance to StreetAccount.
