The brand for Coinbase International Inc, the most important U.S. cryptocurrency alternate, is displayed at the Nasdaq MarketSite jumbotron and others at Instances Sq. in New York, U.S., April 14, 2021.
Shannon Stapleton | Reuters
Take a look at the firms making headlines after the bell:
Coinbase — Stocks sank 11.5% in prolonged buying and selling after Coinbase reported first-quarter income under expectancies. Coinbase posted income of $1.17 billion as opposed to the Refinitiv consensus estimate of $1.48 billion. The corporate mentioned decrease crypto asset costs and marketplace volatility impacted first-quarter effects.
Digital Arts — The inventory rose 2.2% after hours regardless of Digital Arts narrowly lacking Wall Side road’s income estimates. The online game corporate reported quarterly income of $1.75 billion, whilst analysts surveyed via Refinitiv anticipated income of $1.77 billion on moderate.
Roblox — Stocks dropped 6.9% in prolonged buying and selling after the online game corporate ignored analyst projections at the best and backside strains. Roblox reported a first-quarter lack of 27 cents in line with percentage on income of $631 million. Analysts had anticipated a lack of 21 cents in line with percentage on income of $645 million, in step with Refinitiv.
Harmony Device — The inventory plunged 31.6% in prolonged buying and selling after the online game device corporate posted income under expectancies. Harmony Device reported $320 million in income within the first quarter, whilst analysts surveyed via Refinitiv anticipated $322 million.
Wynn Inns — The resort and on line casino operator inventory fell marginally after hours following a weaker-than-expected quarterly document. Wynn posted an adjusted lack of $1.21 in line with percentage whilst analysts anticipated $1.15, in step with Refinitiv. Earnings got here in at $953 million as opposed to the consensus estimate of $986 million.
SoFi — The inventory rose 1% after hours following a plunge of 12% within the common buying and selling consultation, after SoFi unintentionally launched quarterly effects early. SoFi posted better-than-expected numbers at the best and backside strains, however issued weaker-than-expected ahead steering.
Occidental Petroleum — The inventory fell 1% regardless of a better-than-expected quarterly document. Occidental reported first-quarter income of $2.12 in line with percentage on income of $8.53 billion. Analysts had anticipated a benefit of $2.03 in line with percentage on income of $8.08 billion, in step with Refinitiv.