The Twitter brand is displayed on a smartphone display screen on April 14, 2021.
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Check out the firms making headlines after the bell:
Twitter — Shares of Twitter jumped greater than 4% after hours following a strong quarterly earnings report. The social media corporate reported income of 20 cents according to percentage, topping analysts’ estimates of seven cents according to percentage, in step with Refinitiv. Twitter’s income grew 74% 12 months over 12 months in the second one quarter, marking the corporate’s quickest expansion since 2014.
Snap — Snap stocks popped greater than 13% in prolonged buying and selling after the social media platform’s second-quarter earnings beat expectancies around the board. The corporate notched adjusted income of 10 cents according to percentage, whilst analysts anticipated a 1 cent according to percentage loss, in step with Refnitiv. The platform additionally reported 293 million day by day energetic customers, up just about 5% from the 280 million the corporate reported in April.
Intel — Shares of Intel dipped 3% after hours in spite of the corporate’s better-than-expected second-quarter earnings report. The era corporate reported adjusted income of $1.28 according to percentage on adjusted revenues of $18.5 billion. Wall Street anticipated income of $1.06 according to percentage on revenues of $17.8 billion, in step with Refinitiv. Intel mentioned PC unit gross sales higher 33% over the past 12 months.
Boston Beer — Boston Beer stocks sunk greater than 16% in prolonged buying and selling after the corporate overlooked Wall Street projections on each second-quarter income and income. The brewery reported income of $4.75 according to percentage on revenues of $603 million. Analysts anticipated income of $6.69 according to percentage and revenues of $658 million, in step with Refinitiv.
Skechers — Shares of Skechers won kind of 7% after the shoes corporate reported income of $1.66 billion for the latest quarter, topping analysts’ projections of $1.5 billion. Skechers additionally issued robust third-quarter and full-year income and income steering.
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