Stock Market

In this article

A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015.
Luke Sharrett | Bloomberg | Getty Images

Check out the companies making headlines in after-hour trading.

Avis — The car rental company gained 3.5% after beating both top- and bottom-line estimates from analysts polled by Refinitiv. Avis posted adjusted earnings per share of $10.46 on revenue of $2.77 billion, compared with analysts’ estimates of $6.79 in per-share earnings on revenues of $2.69 billion. The company cited strong demand and said that has continued in the current quarter.

Amkor Technology — Shares of the semiconductor stock slid 5% after missing per-share earnings estimates while beating expectations for revenue, according to FactSet. The company also gave first-quarter guidance that was below analysts’ expectations.

Cadence Design — The software company gained 4% after beating both top- and bottom-line expectations of analysts polled by FactSet in the fourth quarter. The company also gave first-quarter guidance that was above what analysts anticipated.

Palantir — Shares jumped 18% on the back of quarterly results that came in ahead of analysts’ expectations for per-share earnings and revenue, according to Refinitiv. It is also the first quarter Palantir posted positive net income on a GAAP basis, coming in at $31 million.

Arista Networks — The cloud stock advanced less than 1% after reporting earnings and revenue that came in ahead of the consensus estimate set by analysts polled by Refinitiv. The company also gave current-quarter revenue guidance that was above expectations.

SolarEdge — Shares of the solar stock gained less than 1% after beating earnings and per-share revenue estimates from analysts polled by FactSet. The company also said first-quarter revenue should come in at between $915 million and $945 million compared with the analyst consensus estimate of $917.2 million.

Articles You May Like

Baird deepens new California Public Finance bench with hire
February home sales spike 9.5%, the largest monthly gain in a year, as supply improves
Activist Oasis may turn to a preferred playbook to help build value at Greencore
As Trump’s $454 million fraud judgment deadline looms, son Eric gripes ‘they want to bankrupt him’
Russian authorities say dozens dead in attack on Moscow concert venue