Check out the companies making headlines in after-hours trading: Applied Materials — Shares fell nearly 5% in extended trading. The maker of semiconductor manufacturing equipment reported $7.10 billion in revenue in its fiscal second quarter, which was slightly lower than analysts’ expectations of $7.13 billion, according to LSEG. Semiconductor revenue of $5.26 billion for the quarter fell short of estimates of $5.31 billion. Take-Two Interactive Software — The video game company saw a 2% decline in shares after issuing weaker-than-expected guidance for full-year bookings. The company said it expects between $5.9 billion and $6 billion, while StreetAccount consensus estimates sought $7.82 billion. For the fiscal first quarter, Take-Two projected bookings between $1.25 billion and $1.30 billion, versus estimates of $1.28 billion. Cava Group — Shares of the Mediterranean restaurant chain fell 4%. Cava’s full-year guidance for adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, came in at $152 million to $159 million, short of the FactSet consensus call for $159.7 million. Revenue in the first quarter surpassed estimates, coming in at $332 million, versus the $327 million consensus estimate, per LSEG. Doximity — The networking platform for health-care professionals saw its stock tank 25% on weak guidance. Doximity expects adjusted EBITDA to range between $71 million and $72 million, while StreetAccount consensus estimates sought $74 million. The company’s full-year outlook also missed expectations.
The Applied Materials logo on Dec. 17, 2024.
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Check out the companies making headlines in after-hours trading:
Applied Materials — Shares fell nearly 5% in extended trading. The maker of semiconductor manufacturing equipment reported $7.10 billion in revenue in its fiscal second quarter, which was slightly lower than analysts’ expectations of $7.13 billion, according to LSEG. Semiconductor revenue of $5.26 billion for the quarter fell short of estimates of $5.31 billion.
Take-Two Interactive Software — The video game company saw a 2% decline in shares after issuing weaker-than-expected guidance for full-year bookings. The company said it expects between $5.9 billion and $6 billion, while StreetAccount consensus estimates sought $7.82 billion. For the fiscal first quarter, Take-Two projected bookings between $1.25 billion and $1.30 billion, versus estimates of $1.28 billion.
Cava Group — Shares of the Mediterranean restaurant chain fell 4%. Cava’s full-year guidance for adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, came in at $152 million to $159 million, short of the FactSet consensus call for $159.7 million. Revenue in the first quarter surpassed estimates, coming in at $332 million, versus the $327 million consensus estimate, per LSEG.
Doximity — The networking platform for health-care professionals saw its stock tank 25% on weak guidance. Doximity expects adjusted EBITDA to range between $71 million and $72 million, while StreetAccount consensus estimates sought $74 million. The company’s full-year outlook also missed expectations.
Check out the companies making the biggest moves midday: MongoDB — The document storage and retrieval provider surged 16% after first-quarter earnings of $1 per share, excluding one-time items, topped an LSEG estimate of 66 cents per share. Revenue of $549 million topped the consensus estimate of $528 million. Tesla — The electric vehicle maker […]
Check out the companies making headlines in premarket trading. Circle Internet Group — The stablecoin issuer priced its upsized, $1 billion initial public offering at $31 a share, above an expected range of $27-$28 and an initial range last week of $24 to $26, giving Circle a total market value of some $7 billion. Five […]
Check out the companies making headlines in after-hours trading: Five Below — Shares of the discount retailer added 2.5% on the back of strong first-quarter financial results and second-quarter guidance. Five Below reported adjusted earnings of 86 cents per share on $971 million in revenue, while analysts polled by LSEG called for 82 cents per […]
