Check out the companies making headlines in after-hours trading. Paramount Global — The media company jumped 5.7% after posting a massive earnings beat for the second quarter, reporting earnings of 54 cents per share while analysts polled by LSEG called for 12 cents per share. Paramount's revenue of $6.81 billion for the period fell short of the estimated $7.21 billion, however, making that the company's biggest miss relative to analyst estimates since February 2020.
Revenue came out at $324 million for the second quarter compared to estimates of $305 million. Doximity — The digital health platform soared 25% after fiscal first-quarter earnings excluding one-time time items reached 28 cents a share, above the Street's 22 cent consensus, according to FactSet. Forward revenue and adjusted EBITDA guidance for the second quarter and full year also topped estimates. Capri Holdings — The Michael Kors parent fell 4.
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