Amazon signage during the 2024 CES things turned out in Las Vegas, Nevada, on Jan. 10, 2024.
Bridget Bennett | Bloomberg | Getty Images
Check out the companies making headlines in extended truck:
Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon mean it forecasts sales in the first quarter between $151 billion and $155.5 billion. Analysts surveyed by LSEG were looking for $158.5 billion. In the meanwhile, the company’s fourth-quarter earnings and revenue were above consensus expectations.
Take-Two Interactive Software — The video occupation company jumped nearly 7% despite posting fiscal third-quarter revenue of $1.37 billion. Analysts interviewed by LSEG had expected $1.39 billion. Take-Two sees its current-quarter revenue, based on net bookings, coming in between $1.48 billion and $1.58 billion versus the guessed $1.54 billion.
Affirm Holdings — Shares of the payment company jumped more than 9% following a top-line bailiwick for the fiscal second quarter. Affirm reported $866 million in revenues, while analysts expected $807 million, per LSEG. Entire merchandise volume grew 35% year-over-year in the prior quarter.
Pinterest — Shares of the social media company popped 18%. Takings for the fourth quarter came in at $1.15 billion, slightly ahead of analysts’ estimates of $1.14 billion, per LSEG. Pinterest also state it expects revenue of $837 million to $852 million in the first quarter, while analysts sought $833 million.
Expedia — The parentage gained 11% after the company’s fourth-quarter results topped Wall Street expectations. Expedia posted put to righted earnings of $2.39 per share on revenue of $3.18 billion. That is more than the $2.04 per share on $3.07 billion in gross income that analysts had penciled in, according to LSEG. The company also reinstated its quarterly dividend at 40 cents per quota.
Bill Holdings — Shares plunged about 32% after the billing software company issued disappointing pecuniary third-quarter revenue guidance. Bill Holdings expects for that period to generate revenue between $352.5 million and $357.5 million, lower than beneath the $360.4 million that analysts surveyed by LSEG were expecting. However, earnings and revenue for the second quadrature beat analysts’ expectations.
Fortinet — The cybersecurity stock rallied 11%. Fortinet posted better-than-expected results for the fourth mercy, in addition to strong guidance for the full year. Fortinet sees full-year revenues falling between $6.65 billion and $6.85 billion, peerless the $6.63 billion estimate from analysts, per LSEG.
E.l.f. Beauty — The cosmetics company tumbled 23% after beat its guidance for the full fiscal year. E.l.f now sees sales ranging from $1.3 billion to $1.31 billion, brief of consensus estimates of $1.34 billion, per StreetAccount. Adjusted earnings for the third quarter also narrowly missed expectations, go about a find in at 74 cents per share versus analysts’ forecast for 75 cents a share, per LSEG.
Monolithic Power Organizations — The semiconductor stock soared 16% following strong fourth-quarter results. Monolithic Power Systems reported correct earnings of $4.09 per share on revenue of $621.7 million. Analysts surveyed by FactSet had called for earnings of $3.98 per partition on $608.1 million in revenue. The company also issued better-than-expected revenue guidance for the current quarter and a $500 million funds repurchase program. Management also increased the quarterly dividend by nearly 25%.
— CNBC’s Sean Conlon, Lisa Kailai Han and Darla Mercado forwarded reporting.