Check out the companies making headlines before the bell. Akamai Technologies — Shares of the cloud company fell more than 10% after issuing weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Analysts polled by LSEG forecasted earnings of $1.63 per share and revenue of $1 billion. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. The revenue forecast was basically in line with expectations. Array Technologies – The solar energy stock rallied nearly 17%. Array’s first-quarter adjusted earnings came in at 6 cents per share on revenue of $153.4 million. Analysts polled by FactSet called for a loss of 4 cents a share on revenue of $141.2 million. Gen Digital — Shares of the cybersecurity software company added about 4%. Gen Digital, which owns LifeLock and Norton, reported fiscal-fourth quarter adjusted earnings of 53 cents, reflecting a 15% increase from the year-ago period. Revenue came in at $967 million, a 2% increase over the same period. Bumble — The digital dating platform rose more than 2% after posting an earnings and revenue beat for the first quarter. Bumble also increased its share repurchase program to $450 million from $300 milli …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. Akamai Technologies — Shares of the cloud company fell more than 10% after issuing weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Analysts polled by LSEG forecasted earnings of $1.63 per share and revenue of $1 billion. Sweetgreen — The salad chain popped 5% after Sweetgreen reported first-quarter revenue of $158 million, topping the LSEG consensus estimate of $152 million. The revenue forecast was basically in line with expectations. Array Technologies – The solar energy stock rallied nearly 17%. Array’s first-quarter adjusted earnings came in at 6 cents per share on revenue of $153.4 million. Analysts polled by FactSet called for a loss of 4 cents a share on revenue of $141.2 million. Gen Digital — Shares of the cybersecurity software company added about 4%. Gen Digital, which owns LifeLock and Norton, reported fiscal-fourth quarter adjusted earnings of 53 cents, reflecting a 15% increase from the year-ago period. Revenue came in at $967 million, a 2% increase over the same period. Bumble — The digital dating platform rose more than 2% after posting an earnings and revenue beat for the first quarter. Bumble also increased its share repurchase program to $450 million from $300 milli …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
