Check out the companies making headlines in after-hours trading: Duolingo – Makers of language learning apps have skyrocketed by around 14%. Duolingo said the LSEG consensus demanded $253 million and saw third-quarter revenues in the range of $257 million to $257 million. The company also beat the top line and bottom line estimates for the second quarter. ELF Beauty – Cosmetics Company’s shares lost more than 13% after ELF said new tariffs on Chinese imports had negatively affected its profits, falling 30% from the same period last year. The ELF refused to provide a full-year revenue guide, citing “broad potential consequences” related to the new tariffs, and instead issued guidance in the first half of the fiscal year. IONQ – Quantum Computing Play stocks fell 5% after IONQ reported wider losses than expected. IONQ recorded a loss of 70 cents per share in the second quarter, but was expected to lose 29 cents per share when Analyst voted by fact set. However, IONQ revenues were $20 million per quarterly, beating the expected $17.2 million. DraftKings – Sports betting company added about 2%. DraftKings recorded second-quarter earnings of 30 cents per share against revenue of $15.1 billion. The LSEG Consensus estimates were $1.41 billion in revenue and revenue for 15 cents per share. The company has also stuck to the 2025 revenue prospects range of between $6.2 billion and $6.4 billion, but is said to be hoping that number will land in the high end. Airbnb – Vacation rental company skated about 7%. Airbnb said it plans to report revenues ranging from $4.02 billion to $41 billion in the third quarter. Analysts voted by FactSet asked for $4.05 billion. The forecast overshadowed second quarter revenue and revenue beats. Fortinet – After Fortinet reported second-quarter revenue of $1.63 billion, cybersecurity inventory fell 17%, consistent with estimates from analysts voted by FactSet, and issued inactive third-quarter revenue guidance. DOORDASH – The food delivery company won 6% after recording second-quarter revenue of 65 cents per share, while the analyst voted by LSEG burned the pencil at 44 cents. The company’s revenue of $3.28 billion also exceeded the expected $3.16 billion. HubSpot – Shares skyrocketed over 5% after the software company posted better than expected second quarter results. HubSpot’s adjusted revenue was $2.19 per share, with $760.9 million earnings coming in at $2.12 per share, and ahead of the $739.4 million predicted by analysts voted by FactSet. The company’s third quarter and full year guidance also exceeded expectations. Dutch Bros. – Drive-Thru Coffee Shop Chain jumps nearly 15% after posting second quarter beats on top and bottom lines. The Netherlands Brothers said sales at the same store had risen 6.1% from the previous year. The company also raised guidance on sales and adjusted revenues for the same store for the whole year before interest, taxes, depreciation and amortization. MetLife – Insurance provider stock lost 5% in expanded trading with weak results. In the second quarter, MetLife recorded an adjusted earnings of $2.02 per share, while Analyst expected LSEG to earn $2.15 per share. The company’s adjusted revenue of $179.2 billion also disappointed analysts who were expecting revenue of $18.54 billion for that period. Aris Water Solutions – Water Infrastructure Company stocks rose 22%. Pipeline Company Western Midstream Partners will acquire ARIs in approximately $1.5 billion worth of stock and cash transactions. The transaction is expected to close in the fourth quarter. Topgolf Callaway Brands – Golf and Active Lifestyle companies rose almost 9%. Topgolf Callaway recorded second-quarter adjusted earnings of 24 cents per share, while analysts voted by FactSet were looking for 2 cents per share. Revenue also exceeded expectations, reaching $11.1 billion compared to its $1.09 billion forecast. – CNBC’s Darla Mercado, Alex Harring, Lisa Han and Sean Conlon contributed their report.
Stocks that make the biggest moves outside of business hours: abnb, dash, lyft, elf
