[ad_1]
Airbnb (ABNB): Shares fell in prolonged buying and selling after the corporate warned of slowing fourth-quarter progress. Airbnb expects Nights and Experiences Booked progress to average barely relative to the third quarter on a 12 months over 12 months foundation, due partly to strain from FX headwinds. For the third quarter, Airbnb posted its most worthwhile quarter and document income, whereas energetic listings rose 15% from a 12 months in the past. Nights and Experiences booked rose 25% from a 12 months in the past to 99.7 million.
Superior Micro Gadgets (AMD): Shares pushed greater in prolonged buying and selling after the chipmaker posted outcomes that have been ‘higher than feared,’ CFRA’s Angelo Zino instructed Yahoo Finance. Income for the quarter was 5.6 billion whereas adjusted earnings have been 67 cents per share. Fourth-quarter income steerage of $5.2 billion to $5.8 billion missed Wall Avenue’s expectations.
Mondelez (MDLZ): The corporate lifted its gross sales and revenue forecasts and posted third-quarter outcomes that beat expectations, pushing shares greater after hours. Gross sales have been $7.76 billion, up 8.1% from a 12 months in the past. CEO Dirk Van de Put wrote within the earnings launch, “Our third-quarter efficiency demonstrates the resilience of our snacking classes, energy of our manufacturers, broad-based internet income progress of each our rising and developed markets, efficient execution of pricing, and stable quantity progress, enabling us to lift our full-year income and earnings outlook.”
Digital Arts (EA): The corporate reduce its full-year internet bookings finance to $7.65 billion to $7.85 billion, down from its preliminary forecast of $7.9 billion to $8.1 billion. For the fiscal second quarter, EA’s internet reserving declined 5.2% from a 12 months in the past to $1.75 billion whereas full recreation income declined 2.4% year-over-year to $602 million.
Match (MTCH): Shares rose after the corporate’s fourth-quarter income topped estimates. Gross sales for the quarter have been $809.5 million, up 1% from a 12 months in the past. Match additionally outlined plans to regulate prices, noting within the shareholder letter “As a result of we anticipate a difficult working atmosphere for the foreseeable future, we plan to speed up our efforts to regulate prices, particularly in headcount-related bills and advertising and marketing spend, in different areas of the enterprise.”
Click on right here for the newest trending inventory tickers of the Yahoo Finance platform
Click on right here for the newest inventory market information and in-depth evaluation, together with occasions that transfer shares
Learn the newest monetary and enterprise information from Yahoo Finance
Obtain the Yahoo Finance app for Apple or Android
Observe Yahoo Finance on Twitter, Fb, Instagram, Flipboard, LinkedIn, and YouTube
[ad_2]
Source link
