Applied material logo on December 17th, 2024.
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Check out the companies that make headlines for transactions outside of business hours:
Applied materials – Stocks fell nearly 5% in extended trading. The manufacturer of Semiconductor Manufacturing equipment reported revenue of $71 billion in the second quarter. This was slightly lower than analysts’ $7.13 billion forecast. Quarterly semiconductor revenue was $5.26 billion, a $5.31 billion estimate.
Take-Two Interactive Software – The video game company has dropped by 2% after issuing weaker than expected guidance for full-year bookings. The company said it expects to be between $5.9 billion and $6 billion, but StreetAccount’s consensus estimates sought $7.82 billion. First quarter bookings projected between $1.25 billion and $100 billion in bookings.
Hippo Group -Stocks in Mediterranean restaurant chains fell 4%. Hippo’s full-year guidance or EBITDA on adjusted revenue before interest, taxes, depreciation, and amortization was between $152 million and $159 million, with fact set consensus calls of $159.7 million. First quarter revenues surpassed estimates, appearing at $332 million at $332 million against a consensus estimate of $327 million per LSEG.
doximity – The healthcare professional networking platform looked at stock tanks 25% due to weak guidance. Doximity expects a adjusted EBITDA to range from $71 million to $72 million, but StreetAccount consensus estimates are seeking $74 million. The company’s full-year outlook also missed expectations.
