Snowflake, Nvidia, AMC & more
2 min readA banner for Snowflake is shown on its IPO day at the New York Inventory Exchange on September 16, 2020. It was the biggest software IPO in heritage and was 1 of eight CNBC 2020 Disruptor 50 businesses to go general public, and much more Disruptor discounts are coming before long.
Brendan McDermid | Reuters
Check out the businesses earning headlines right after the bell:
Snowflake — Shares of the facts-analytics program business fell additional than 5% in extended investing right after the firm claimed widening losses. Snowflake’s web loss swelled to $203.2 million in the fiscal very first quarter from $93.6 million a calendar year ago. Its profits arrived in at $228.9 million, compared to expectations of $212.9 million, according to Refinitiv.
Nvidia — The chip big noticed its shares dip a little bit even after a blowout quarterly report. Nvidia’s earnings and income for the 1st quarter both of those conquer Wall Street expectations, with earnings rising 88% compared to very last yr. The stock has rallied 20% this year.
AMC Leisure — Shares of the film theater chain received a further 2% in prolonged buying and selling right after a close to 20% rally on Wednesday. The Reddit-favored inventory has rallied a lot more than 60% this week by itself as speculative buying and selling conduct ramped up all over again. The shift following hrs followed an update from CFRA to maintain from promote.
Williams-Sonoma — Shares of the house furnishings retailer climbed 3% in extended investing after the corporation reported better-than-envisioned earnings and revenue for the initially quarter. Williams-Sonoma noted earnings of $2.93 per share, properly ahead of an estimate of $1.83 per share, according to Refinitiv.
Workday — The computer software stock fell a bit even just after the company beat expectations for its quarterly earnings and revenue. Its initial-quarter earnings arrived in at 87 cents per share, in comparison to the 73 cents analysts ended up expecting, in accordance to Refinitiv.