The Stitch Fix application for download in the Apple App Store on a smartphone.

Tiffany Hagler-Geard | Bloomberg | Getty Images

Check out the companies making headlines after the bell.

CrowdStrike — The global cybersecurity company’s shares were up 6% after its fourth-quarter earnings and revenue beat Wall Street’s estimates. CrowdStrike posted adjusted per-share earnings of 47 cents, exceeding analysts’ estimates of 43 cents, according to Refinitiv. The company’s revenue also topped expectations, coming in at $637 million compared to the $625 million anticipated by analysts. CrowdStrike also offered strong earnings and revenue guidance for the current quarter and full year. 

Stitch Fix — Shares of the online personalized styling service company were down 5.4% after a disappointing earnings report. The company reported a per-share loss of 58 cents, which was more than the 34 cents estimated by analysts, according to Refinitiv. Stitch Fix’s revenue of $412 million also fell below analysts’ consensus estimate of $414 million. 

Cricut — The smart cutting machines company’s stock gained almost 1.7% after its fourth-quarter revenue exceeded analysts’ expectations. Cricut reported revenue of $280.8 million, greater than the consensus estimate of $261 million, according to FactSet. The company reported per-share earnings of 5 cents, which was one cent below what Wall Street had predicted. Cricut reported an increase in users and paid subscribers from a year ago. 

Maxeon Solar Technologies — The Singapore-based solar panel company’s shares were up 8%. While it reported larger per-share losses than analysts polled by FactSet had anticipated, it reported revenue of $323.5 million, coming above analysts’ estimates of $315.7 million.

Source link

Share with your friends!

Products You May Like

Leave a comment

Your email address will not be published. Required fields are marked *

Get the latest stocks updates
straight to your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.