A symbol of Meta Platforms Inc. is noticed at its sales space, on the Viva Generation convention devoted to innovation and startups, at Porte de Versailles exhibition heart in Paris, France June 17, 2022.
Benoit Tessier | Reuters
Take a look at the firms making headlines after the bell:
Meta Platforms — The Fb father or mother plunged greater than 13% after lacking income estimates for the 3rd quarter. Meta beat income estimates, posting a better-than-expected decline year-over-year however shared disappointing steerage for the fourth quarter.
Ford Motor — Ford Motor stocks dipped 1.1% in postmarket buying and selling in spite of surpassing estimates at the most sensible and backside strains. The automaker took a $2.7 billion noncash writedown on its Argo AI mission, which ended in an $827 million internet loss.
ServiceNow — The tool inventory soared 12.4% postmarket as income according to percentage got here in 12 cents forward of Wall Side road expectancies. Different cloud shares additionally rose in prolonged buying and selling, together with Arista Networks, which added greater than 7%.
KLA Corp. — The maker of chip apparatus added greater than 1% in after-hours buying and selling. KLA crowned Wall Side road’s estimates and raised its ahead steerage. Different chip shares additionally won after hours, together with Nvidia, Complicated Micro Gadgets and Implemented Fabrics.
Align Generation — The maker of Invisalign dental straighteners toppled 16.8% after lacking income estimates for the hot quarter. Adjusted income according to percentage got here in at $1.36, whilst analysts expected $2.18 a percentage.
Sleep Quantity — The retail inventory cratered greater than 20% in prolonged buying and selling after issuing vulnerable steerage because it copes with slowing call for and chip provide problems. Sleep Quantity crowned Wall Side road’s expectancies at the most sensible and backside strains within the quarter simply ended.
Teladoc Well being — The telehealth inventory jumped greater than 8% in prolonged buying and selling on sturdy quarterly effects and an upbeat outlook for the fourth quarter.
O’Reilly Automobile — Stocks won greater than 3% after hours following a beat on income and income for the 3rd quarter. O’Reilly Automobile additionally lifted its steerage for the total yr.
United Leases —Stocks dipped 1.6% postmarket after income within the fresh quarter fell wanting Wall Side road estimates. United Leases’ board additionally approved a $1.25 billion percentage repurchase program.