Stocks making the biggest moves after hours: Penn Entertainment, Super Micro Computer, Rivian and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Super Micro Computer tumbled 12% in extended trading despite reporting an earnings beat. The company reported fiscal fourth-quarter adjusted earnings of $3.51 per share on revenue of $2.18 billion, surpassing analysts' expectations.

— Super Micro Computer tumbled 12% in extended trading even after reporting an earnings beat. The information technology company Super Micro reported fiscal fourth-quarter adjusted earnings of $3.51 per share on revenue of $2.18 billion. Analysts polled by Refinitiv expected per-share earnings of $2.96 on revenue of $2.08 billion.

It also issued first-quarter guidance, the midpoint of which was slightly above estimates.— Axon Enterprise advanced 10% after the weapons maker behind the Taser and other products beat top and bottom expectations in its latest earnings results. Axon reported second-quarter adjusted earnings of $1.11 per share, exceeding the 62 cents per share consensus estimate from FactSet. It posted revenue of $374.6 million, higher than the $350.5 million forecasted by analysts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines