The Snowflake banner will appear on the IPO date on the New York Stock Exchange on September 16, 2020. It’s the largest software IPO ever, one of eight CNBC 2020 Disruptor 50 companies, and more Disruptor deals planned. straight away.
Brendan MacDermid | Reuters
Check out the companies that make the headlines after the bell:
Snowflake — Data analytics software company stocks fell more than 5% in extended transactions after the company reported an expansion loss. Snowflake’s net loss rose from $ 93.6 million a year ago to $ 203.2 million in the first quarter. According to Refinitiv, its revenue was $ 228.9 million and was expected to be $ 212.9 million.
Nvidia — The chip giant confirmed that stock prices fell slightly, even after a surge in quarterly reports. Both Nvidia’s first-quarter revenue and revenue exceeded Wall Street’s expectations, with revenue up 88% compared to last year. This year’s stock price has risen 20%.
AMC Entertainment — After a rebound of nearly 20% on Wednesday, cinema chain shares rose another 2% in extended deals. Reddit’s preferred share price has risen by more than 60% this week alone, as speculative trading behavior has risen again. The off-hours move has withheld sales following an upgrade from CFRA.
Williams-Sonoma — Furniture retailer’s share rose 3% in long-term trading after the company reported higher-than-expected revenue and revenue in the first quarter. According to Refinitiv, Williams Sonoma reported revenue of $ 2.93 per share, well above the $ 1.83 per share estimate.
Workday — Software inventories declined slightly even after the company exceeded quarterly revenue and sales expectations. According to Refinitiv, first-quarter earnings were 87 cents per share, compared to analysts’ expectations of 73 cents.
Snowflake, Nvidia, AMC, etc.
Source link Snowflake, Nvidia, AMC, etc.