A dealer working after the Nasdaq opening bell ceremony on April 18, 2019 in New York Metropolis.
Kena Betancur | Getty Photographs
Try the businesses making headlines after the bell on Monday:
Zoom Video – Shares of the video communications firm popped 8.5% on the back of better-than-expected fiscal fourth-quarter results. Zoom earned $1.22 per share on income of $882 million. Analysts polled by Refinitiv anticipated a revenue of 79 cents per share on income of $812 million. That income determine represents a 369% surge on a year-over-year foundation. Zoom additionally expects income to surge by 175% within the fiscal first quarter and by 42% for the total fiscal 12 months.
Roku – Roku’s inventory jumped 2.8% on the information that the corporate is about to amass Nielsen‘s video promoting enterprise. “Combining Nielsen’s AVA know-how with Roku’s modern advert tech and scale will allow us to ship the advantages of TV streaming promoting to conventional TV,” Louqman Parampath, Roku’s vice chairman of product administration, stated in an announcement.
Novavax – The vaccine developer’s inventory slid 4.2% after the corporate reported weaker-than-expected fourth-quarter outcomes. Novavax misplaced $2.70 per share on income of $279.7 million. Analysts polled by Refinitv anticipated a loss per share of $1.49 on income of $304.9 million. CEO Stanley Erck instructed CNBC the corporate expects authorities clearance for its Covid-19 vaccine as early as May.
Inovio Pharmaceuticals – Inovio shares slid greater than 6% after the corporate launched its newest quarterly figures. The corporate misplaced 14 cents per share, whereas analysts polled by FactSet anticipated a lack of 22 cents per share. Moreover, Inovio launched Section 3 trial outcomes for a drug geared toward treating HPV.