The Meta Platforms Inc logo appears. In her booth, at the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles Exhibition Center in Paris, France, June 17, 2022.
Benoit Tessier | Reuters
Check which companies are making headlines after the bell:
meta pads Facebook’s father Down over 13% after losing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected year-over-year decline, but shared disappointing guidance for the fourth quarter.
Ford Motor – Ford Motor Shares fell 1.1% in aftermarket trading despite beating estimates on the top and bottom lines. The automaker took $2.7 billion in non-cash in the Argo AI project, resulting in a net loss of $827 million.
Service now Software stock rose 12.4% after earnings per share came in 12 cents ahead of Wall Street expectations. Other cloud stocks also rose in extended trading, including Arista Networks which added more than 7%.
KLA Corp. The chip equipment maker added more than 1% in trading after the close. The KLA exceeded Wall Street estimates and raised its future guidance. Other chip stocks also rose after hours, including Nvidia, Advanced Micro Devices and Applied Materials.
Alignment Technology Orthodontic appliance maker Invisalign shed 16.8% after missing earnings estimates for the fourth quarter. Adjusted earnings per share came in at $1.36, while analysts had expected $2.18 per share.
sleep number – Retail stock fell more than 20% in extended trading after issuing weak guidance as it copes with slowing demand and chip supply issues. Sleep Nom’s number beat Wall Street expectations on the top and bottom lines in the just ended quarter.
Tilladock Health Telehealth shares jumped more than 8% in extended trading on the back of strong quarterly results and optimistic expectations for the fourth quarter.
O’Reilly Motors – Shares gained more than 3% after hours of upsetting revenue and earnings in the third quarter. O’Reilly Automotive also raised its full-year guidance.
United Rentals Shares fell 1.6% in the postal services market after revenue in the last quarter fell short of Wall Street estimates. The United Rentals Board of Directors also authorized a $1.25 billion share buyback program.
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