Check out the companies making headlines in extended trading. Robinhood Markets — Shares jumped 8% after the trading platform posted a surprise earnings and revenue beat. Robinhood reported 3 cents in earnings per share, versus analysts’ expectations of a loss of 1 cent per share, according to LSEG, formerly known as Refinitiv. Revenue came in at $471 million, topping the $457 million expected by analysts. Lyft — The ride-hailing operator saw its shares soar 16% in extended trading after it reported strong fourth-quarter results and gave better-than-expected guidance. The company posted adjusted earnings per share of 18 cents for the fourth quarter, topping analysts’ estimates of 8 cents, according to LSEG. Revenue of $1.22 billion was in line with analysts’ expectations. GoDaddy — Shares slid 2% in after-hours trading after the internet domain company reported fourth-quarter results. GoDaddy said its total revenue was $1.1 billion, up 6% year over year. Akamai Technologies — The cloud computing company’s shares fell more than 3% after reporting mixed quarterly results. Earnings came in above analysts’ estimates, while revenue missed expectations. Management is also guiding for adjusted earnings growth of 7% to 11% for the full year, compared to analysts’ estimates of 10.1%, per LSEG. MGM Resorts — Shares dropped nearly 4% despite the casino operator beating on both top and bottom lines in the fourth q …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in extended trading. Robinhood Markets — Shares jumped 8% after the trading platform posted a surprise earnings and revenue beat. Robinhood reported 3 cents in earnings per share, versus analysts’ expectations of a loss of 1 cent per share, according to LSEG, formerly known as Refinitiv. Revenue came in at $471 million, topping the $457 million expected by analysts. Lyft — The ride-hailing operator saw its shares soar 16% in extended trading after it reported strong fourth-quarter results and gave better-than-expected guidance. The company posted adjusted earnings per share of 18 cents for the fourth quarter, topping analysts’ estimates of 8 cents, according to LSEG. Revenue of $1.22 billion was in line with analysts’ expectations. GoDaddy — Shares slid 2% in after-hours trading after the internet domain company reported fourth-quarter results. GoDaddy said its total revenue was $1.1 billion, up 6% year over year. Akamai Technologies — The cloud computing company’s shares fell more than 3% after reporting mixed quarterly results. Earnings came in above analysts’ estimates, while revenue missed expectations. Management is also guiding for adjusted earnings growth of 7% to 11% for the full year, compared to analysts’ estimates of 10.1%, per LSEG. MGM Resorts — Shares dropped nearly 4% despite the casino operator beating on both top and bottom lines in the fourth q …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
