Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after its first-quarter report revealed a wider-than-expected loss. DoorDash lost 6 cents per share on $2.51 billion in revenue. Analysts surveyed by LSEG were expecting a loss of 4 cents per share on $2.45 billion in revenue. Carvana — The car marketplace soared 30% after revenue for the first quarter surpassed Street expectations. Carvana reported $3.06 billion in revenue, well above the consensus forecast of $2.67 billion from analysts surveyed by LSEG. Freshworks — The software development company tumbled 19%. Despite beating expectations on both lines for the first quarter, the California-based firm offered soft guidance for revenue in the current quarter and full year. Freshworks forecast between $168 million and $170 million in the second quarter and a range of $695 million to $705 million for the full year, while analysts polled by FactSet anticipated $172.1 million in the three-month period and $708.3 million in the year. Etsy — The online marketplace slid about 13%. Etsy reported adjusted earnings of 48 cents per share in the first quarter, while analysts polled by LSEG called for 49 cents a share. Revenue of $646 million was in line with expectations. eBay — The online commerce platform dropped 4% after current-quarter revenue guidance missed expec …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after its first-quarter report revealed a wider-than-expected loss. DoorDash lost 6 cents per share on $2.51 billion in revenue. Analysts surveyed by LSEG were expecting a loss of 4 cents per share on $2.45 billion in revenue. Carvana — The car marketplace soared 30% after revenue for the first quarter surpassed Street expectations. Carvana reported $3.06 billion in revenue, well above the consensus forecast of $2.67 billion from analysts surveyed by LSEG. Freshworks — The software development company tumbled 19%. Despite beating expectations on both lines for the first quarter, the California-based firm offered soft guidance for revenue in the current quarter and full year. Freshworks forecast between $168 million and $170 million in the second quarter and a range of $695 million to $705 million for the full year, while analysts polled by FactSet anticipated $172.1 million in the three-month period and $708.3 million in the year. Etsy — The online marketplace slid about 13%. Etsy reported adjusted earnings of 48 cents per share in the first quarter, while analysts polled by LSEG called for 49 cents a share. Revenue of $646 million was in line with expectations. eBay — The online commerce platform dropped 4% after current-quarter revenue guidance missed expec …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
