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After-hours movers: Cloudflare gains; Pinterest and Expedia sink

Published 02/08/2024, 04:55 PM
Updated 02/08/2024, 04:56 PM
© Reuters.  After-hours movers: Cloudflare gains; Pinterest and Expedia sink

After-Hours Stock Movers:

Pinterest (NYSE:PINS) declined 15% after reporting fourth quarter revenue that trailed estimates. Monthly active users were strong but average revenue per user was weaker than thought.

Expedia (NASDAQ:EXPE) declined 12% after reporting revenue and EPS that were about in-line with consensus. Cash flow was worse than expected. It also named a new CEO.

Affirm Holdings (NASDAQ:AFRM) declined 16% despite reporting better than expected revenue last quarter. Guidance for 2024 gross merchandise volume may have disappointed investors.

Cloudflare (NYSE:NET) shares gained 14% after its fourth quarter results beat estimates. Its guidance for the first quarter and year were solid overall.

BILL Holdings (BILL) shares were volatile after publishing results that easily beat EPS and revenue estimates last quarter. It also raised full year guidance. 

Doximity (DOCS) declined 7% despite reporting strong quarterly results. Revenue guidance for its fiscal fourth quarter trailed estimates.

Motorola Solutions (NYSE:MSI) declined 5.5% after its quarterly report was published. Performance wasn't bad but full year EPS guidance misses consensus at the midpoint.

Take-Two (NASDAQ:TTWO) declined 4.6% after it issued bookings guidance that fell short of what Wall Street analysts had expected.

By Louis Juricic

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