March 4, 2024


Robots prepare to pick up totes containing products at Amazon’s robotic fulfillment center in Orlando, Florida, on April 12, 2019.

Nurphoto | Nurphoto | Getty Images

Check out the companies making headlines after hours.

amazon – Amazon rose 7% in extended trading after reporting better-than-expected first-quarter revenue. The online retail giant reported revenue of $127.4 billion, topping the consensus estimate of $124.5 billion according to Refinitiv.

Intel – Intel shares fell 1.2 percent after initially rising following the release of its first-quarter results. The semiconductor company reported its largest quarterly loss ever. However, it did beat analysts’ expectations for both the top and bottom lines. The semiconductor company reported a first-quarter loss of 4 cents a share on revenue of $11.7 billion. Analysts polled by Refinitiv had forecast a loss of 15 cents a share on revenue of $11.04 billion.

break off — Social media stocks fell nearly 20 percent in extended trading on Thursday after the company reported first-quarter results. Snap reported first-quarter revenue of $989 million, missing estimates of $1.01 billion, according to Refinitiv data. Snap, on the other hand, earned 1 cent per share excluding items, beating expectations for a loss of 1 cent per share.

Pinterest – Shares of Pinterest fell 8%. The image-sharing company topped revenue and profit estimates in the first quarter, according to consensus estimates from Refinitiv. However, second-quarter revenue growth expectations were disappointing. The company expects operating expenses to grow in the mid-teens.

boston beer – Shares of Boston Beer fell 3.2 percent in after-hours trading. The brewery behind the Samuel Adams and Twisted Tea brands missed analysts’ expectations for revenue and profit, according to Refinitiv data.

first solar – Solar shares fell more than 5% on disappointing first-quarter results. The company reported earnings of 40 cents per share on revenue of $548 million. Analysts were expecting earnings of $1.02 a share on revenue of $718 million, according to Refinitiv data.

US T-Mobile – Shares of T-Mobile US fell 2.5 percent after the telco’s first-quarter revenue fell short of expectations, according to Refinitiv data.

cloud fee – Cloudfare fell 23% in after-hours trading after reporting weaker-than-expected first-quarter revenue and issuing lackluster second-quarter and full-year forecasts.

L3Harris Technology – L3Harris Technologies rose more than 3% in extended trading after beating first-quarter earnings and revenue estimates. The defense contractor reported first-quarter earnings of $2.86 a share, excluding items, on revenue of $4.47 billion. Analysts polled by Refinitiv expected earnings of $2.85 a share on revenue of $4.25 billion.

Amgen – Amgen fell 2.2 percent after disappointing first-quarter revenue expectations. The biotech reported revenue of $6.11 billion, missing the $6.17 billion estimate of analysts polled by Refinitiv. Amgen did beat earnings estimates.

fair isaac – Shares of Fair Isaac fell 2% after its second-quarter earnings miss, although it did beat revenue expectations. The analytics firm behind the FICO Score reported adjusted earnings of $4.78 a share, missing the consensus estimate of $5.04 a share, according to Refinitiv.

Gilead Sciences – Shares of the biopharmaceutical company fell about 1% in after-hours trading after the biopharmaceutical company reported disappointing earnings, but revenue topped expectations, according to Refinitiv data.

Mondelez International – Mondelez International rose 2 percent after reporting first-quarter results that beat expectations, according to Refinitiv consensus estimates.