Check out the companies making headlines after the bell : Align Technology — The orthodontics technology company added 3.6% after beating analysts’ expectations for its first-quarter results. Align posted adjusted earnings of $2.14 per share on revenue of $997.4 million, higher than the $1.97 in earnings per share on revenue of $974 million that analysts polled by LSEG had expected. Meta Platforms — Shares of the tech titan plummeted about 12% after the parent company of Facebook issued lighter-than-expected second-quarter revenue guidance . However, Meta beat analysts’ expectations on both its top and bottom lines in the first quarter of the year. Ford Motor — The automobile stock rose 2% after posting a first-quarter adjusted earnings beat and raising its adjusted free cash flow outlook for 2024. On the other hand, Ford’s first-quarter revenue came in below expectations. Ethan Allen Interiors — Shares slipped 4% after the home furnisher reported results from its fiscal third quarter. Ethan Allen’s adjusted earnings came out to 48 cents per share, down from 86 cents per share in the year-ago quarter. The company’s $146.4 million revenue was also down 21% from the same period in 2023. International Business Machines — The global information technology company slid 6.6% after hours. First-quarter revenue of $14.46 billion missed consensus estimates of $14.55 …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines after the bell : Align Technology — The orthodontics technology company added 3.6% after beating analysts’ expectations for its first-quarter results. Align posted adjusted earnings of $2.14 per share on revenue of $997.4 million, higher than the $1.97 in earnings per share on revenue of $974 million that analysts polled by LSEG had expected. Meta Platforms — Shares of the tech titan plummeted about 12% after the parent company of Facebook issued lighter-than-expected second-quarter revenue guidance . However, Meta beat analysts’ expectations on both its top and bottom lines in the first quarter of the year. Ford Motor — The automobile stock rose 2% after posting a first-quarter adjusted earnings beat and raising its adjusted free cash flow outlook for 2024. On the other hand, Ford’s first-quarter revenue came in below expectations. Ethan Allen Interiors — Shares slipped 4% after the home furnisher reported results from its fiscal third quarter. Ethan Allen’s adjusted earnings came out to 48 cents per share, down from 86 cents per share in the year-ago quarter. The company’s $146.4 million revenue was also down 21% from the same period in 2023. International Business Machines — The global information technology company slid 6.6% after hours. First-quarter revenue of $14.46 billion missed consensus estimates of $14.55 …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
