Photograph Illustration by Pavlo Gonchar
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Take a look at the businesses making headlines in after hours buying and selling:
Robinhood — Shares of the stock-trading app declined greater than 9% throughout prolonged buying and selling after the corporate’s third-quarter revenue missed expectations amid a slowdown in cryptocurrency buying and selling. The corporate reported internet income of $365 million, wanting the $432 million analysts surveyed by Refinitiv have been anticipating.
Microsoft — Microsoft shares superior 1% after the tech big’s fiscal first-quarter revenue topped estimates. Microsoft reported income of $45.32 billion, whereas analysts surveyed by Refinitiv have been anticipating $43.97 billion.
Enphase Energy — Shares of the photo voltaic firm jumped greater than 7% following Enphase’s third-quarter outcomes. The corporate reported $351.5 million in income, forward of the $345 million analysts have been anticipating, in line with estimates from StreetAccount.
AMD — AMD shares superior greater than 1% following the corporate’s third-quarter outcomes. AMD earned 73 cents per share excluding objects on $4.31 billion in income. Analysts have been anticipating 67 cents per share and $4.12 billion in income, in line with estimates from Refinitiv.
Texas Instruments — The chip firm’s shares dipped greater than 4% after Texas Devices missed income estimates. The corporate reported gross sales of $4.64 billion in the course of the third quarter, which was shy of the $4.66 billion analysts have been anticipating. Texas Devices earned $2.07 per share in the course of the interval, which was forward of the anticipated $2.05.
Visa — Shares of the fee firm gained greater than 1% after the corporate beat top- and bottom-line estimates in the course of the fourth quarter. Visa earned $1.62 per share excluding objects in comparison with the $1.54 analysts surveyed by Refinitiv have been anticipating. Income got here in at $6.56 billion, barely forward of the anticipated $6.53 billion.