Check out the companies making headlines in after-hours trading. Nvidia — Nvidia reported strong earnings and revenue for the fiscal fourth-quarter , leading shares to add more than 1% in extended trading. Nvidia reported adjusted earnings of $1.62 per share, while analysts expected $1.53 per share, according to LSEG. The chipmaker’s revenue of $68.13 billion for the period also exceeded the $66.21 billion estimated, driven by significant growth in its core data center business. Snowflake — Shares of the software company slipped more than 2%. Snowflake said that its first-quarter product revenue would range between $1.262 billion and $1.267 billion, just slightly higher than the FactSet consensus call for $1.26 billion. Trade Desk — Shares of the advertising tech company plunged about 16% after Trade Desk called for first-quarter adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization, of roughly $195 million, falling significantly short of the $223 million expected from analysts polled by FactSet. Trade Desk also missed on first-quarter revenue projections, but its fourth-quarter results beat the Street’s estimates. Synopsys — The electronic design automation company fell nearly 2% after full-year revenue guidance failed to impress Wall Street. Synopsys sees revenue ranging between $9.56 billion and $9.66 billion, while the LSEG consensus estimates called for $9.63 billion. Salesforce — Shares of the customer service software maker fell about 5% in the after-hours session. Salesforce provided fiscal 2027 revenue guidance ranging from $45.8 billion to $46.2 billion, while the FactSet consensus called for $46.11 billion. Fourth-quarter results surpassed expectations on the top and bottom lines , however. Nutanix — The cloud software company saw its shares pop 17%. Nutanix and AMD announced a multiyear partnership to jointly develop an artificial intelligence infrastructure platform. As part of this agreement, AMD will make a strategic investment of $150 million in Nutanix common stock. Separately, Nutanix reported fiscal second-quarter results that beat on the top and bottom lines, per LSEG. IonQ — Shares of the quantum computing company jumped 6% after IonQ gave rosy sales projections. The company sees revenue ranging from $48 million to $51 million in the first quarter, topping analysts’ call for $36 million, per FactSet. Full-year revenue guidance is expected to range between $225 million and $245 million, besting the consensus forecast of $191 million. C3.ai — C3.ai stock fell 20% after investors came away disappointed by the company’s fiscal third-quarter results. C3.ai posted a loss of 40 cents per share, greater than the 29 cents per share loss analysts were expecting, per LSEG. The company’s revenue of $53.3 million for the period also came out significantly below the $76 million analysts were expecting. — Darla Mercado contributed reporting.
Trending
- US consumer sentiment pushes off record lows as gasoline prices ease
- Elon Musk’s Big Bet for SpaceX
- Federal Reserve Board – Federal Reserve Board announces final rule that establishes data standards for certain information collections
- Amazon Warning Triggered Anthropic AI Crackdown
- Sharplink Insider Trims 12,892 Shares After a 116% Run — Here’s What That Means for Crypto Investors
- Saudi-APAC Capital Corridor Solidifies as LEAP East Secures Absolute Hong Kong Government Backing
- How GPUs Are Becoming the Hottest Asset Class
- Robinhood Charges Higher as It Builds Attractive IPO Empire
Sunday, June 14
