Stock Market

The Expedia homepage is displayed on laptop computers arranged for a photograph in Washington, D.C., U.S.
Andrew Harrer | Bloomberg | Getty Images

Check out the companies making headlines after the bell

Expedia — Shares of the travel company jumped more than 5% in extended trading after a better-than-expected earnings report. Expedia posted adjusted earnings of $1.06 per share, higher than a Refinitiv estimate of 69 cents. The company said the impact from the pandemic was less severe and of shorter duration than previous waves.

Zillow Group — The real estate company saw its shares soaring 14% in after-hours trading after a revenue beat. Zillow reported revenue of $3.9 billion in the fourth quarter, topping Wall Street’s expectations, according to Refinitiv. “Zillow has a rock-solid financial foundation and a core IMT business in which we are reporting record profits today,” said Zillow co-founder and CEO Rich Barton.

Cloudflare — Shares of the web security company jumped about 5% in extended trading after its quarterly earnings and revenue came in stronger than expected. Cloudflare also announced that it acquired Vectrix to assist businesses in gaining control of their applications.

Upwork — The freelancer platform’s stock dropped 8% in after-hours trading even after its quarterly revenue beat expectations. Upwork reported sales of $137 million, higher than a Refinitiv estimate of $132 million. It reported a quarterly loss of 5 cents per share, matching analysts’ expectations.

Articles You May Like

Military briefing: Russia’s Kharkiv offensive draws Ukrainian troops away from east
Putin replaces security chiefs in surprise reshuffle
Can Europe’s economy ever hope to rival the US again?
Belousov will bring economic rigour to Russian defence spending