Stocks making the biggest moves after hours: Take-Two Interactive, Cisco Systems and more
Check out the corporations making headlines in prolonged buying and selling.
Take-Two Interactive Software — Shares jumped 8.1% Wednesday throughout after hours buying and selling. The online game firm reported $1.39 billion in adjusted income in the fiscal fourth quarter, topping analysts’ estimates of $1.34 billion, in accordance with Refinitiv. Meanwhile, the firm’s estimates for bookings in the first-quarter and full-year missed Wall Street’s expectations.
Boot Barn Holdings — Shares of the cowboy boot firm tumbled virtually 16% after income fell wanting analysts’ expectations for the fiscal fourth quarter. Boot Barn reported earnings of $1.51 per share, excluding objects on income of $425.7 million. Meanwhile, analysts polled by FactSet had anticipated earnings of $1.44 per share and $441.2 million in income. The boot retailer’s full-year steerage additionally fell under analysts’ estimates.
Synopsys — The software program firm’s inventory gained 1.9% Wednesday night. Synopsys’ fiscal second-quarter earnings and income got here above Wall Street’s expectations, in accordance with FactSet. The firm reported $1.4 billion in income, whereas analysts had estimated $1.38 billion. Synopsys additionally reported an earnings beat of $2.54 per share, excluding objects, topping analysts’ estimates of $2.48 per share. Synopsys additionally raised its full-year steerage for earnings and income progress.
Cisco Systems — Shares dipped practically 4% regardless of the firm reporting an earnings and income beat for the fiscal third quarter. Cisco posted adjusted earnings of $1 per share and $14.57 billion in income. Analysts had estimated 97 cents earnings per share and $14.39 billion in income, in accordance with Refinitiv.