The Twitter logo is displayed on the screen of a smartphone on April 14, 2021.
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Check out companies that make headlines after the bell:
Twitter – Shares of Twitter blew up more 4% later hours after a strong quarterly earnings relationship. The social media company reported earnings of 20 cents per minute share, above analysts’ estimates of 7 cents per minute share, according to Refinitiv. Twitter revenue grew 74% year over year in the second quarter, scoring the fastest in the company growth since 2014.
Snap – Snap shares popped more 13% in extended trading after social media of the platform second-quarter earnings beat expectations in all the board. The company scored adjusted earnings of 10 cents per minute share, while analysts had expected 1 cent per share loss, according to Refnitiv. The platform also reported 293 million per day active users, up almost 5% of the 280 million reported by the company in April.
Intel – Stocks of Intel lost 3% after that hours despite the fact that the company is better than expected second-quarter earnings relationship. The technology company reported adjusted earnings of $ 1.28 per person share on adjusted revenues of $ 18.5 billion. Wall Street expected earnings of $ 1.06 per person share on revenues of $ 17.8 billion, according to Refinitiv. Intel said PC drive sales increased 33% over the last year.
Boston Beer – Boston Beer Boston shares sunk more 16% in extended trading after the company missed Wall Street projections on both second-quarter earnings and revenues. The brewery reported earnings of $ 4.75 per person share on revenues of 603 million dollars. Analysts expected earnings of $ 6.69 per person share and revenues of $ 658 million, according to Refinitiv.
Skechers – Stocks of Skechers earned about 7% after the shoe company posted revenue of 1.66 billion dollars for the most recent quarter, surpassing analysts’ projections of 1.5 billion dollars. Skechers also issued a strong third-quarter is full-year earnings and revenue orientation.
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