Stocks making the biggest moves after hours: Fitbit, Qualcomm, Twilio and more

. In its second-quarter earnings report, the company said, "With weaker Versa Lite sales, we are lowering the midpoint of our 2019 revenue guidance by $95 million to $1.455 billion from $1.550 billion and now expect full year 2019 revenue to be $1.43 billion to $1.48 billion."

The stock later rebounded slightly but was still down more than 15%. Fitbit reported an adjusted loss per share of 14 cents on revenue of $314 million for the second quarter. Analysts polled by Refinitiv had been expecting a loss per share of 18 cents on revenue of $312 million.

. The company reported adjusted earnings per share of 80 cents on revenue of $4.89 billion. Analysts had expected earnings per share of 75 cents on revenue of $5.08 billion, according to Refinitiv. Qualcomm said adjusted earnings per share for the fiscal quarter ending in September would be between 65 cents and 75 cents and revenue would fall between $4.3 billion and $5.1 billion. Analysts had projected expected earnings per share of $1.08 on revenue of $5.63 billion for that quarter.fell 3% despite beating analysts' estimates for its second-quarter revenue. The cloud company reported adjusted earnings per share of 3 cents on revenue of $275 million.

Western Digital CEO Milligan said the company ended a challenging fiscal 2019 "with leadership positions in capacity enterprise hard drives, 3D flash technology and branded retail products while achieving significant gains in client solid state drives."

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Beyond Meat, AK Steel and CognexSee which stocks are posting big moves after the bell on July 29. $AKS up? 🤔
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Procter & Gamble, Capital One, GrubHub & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Apple, Electronic Arts, Amgen, FireEyeSee which stocks are posting big moves after the bell on July 30. The markets, Tomorrow UP !!
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: GE, Spotify, Garmin, Humana, Apple & moreThese are the stocks posting the largest moves before the bell. GE? You mean I should hold on to my 1,000 shares, or finally time to bail?
Source: CNBC - 🏆 12. / 72 Read more »

Cramer: Get ready to buy these stocks as the market awaits a rate cutYour job is to sit tight and find high-quality stocks to stick with for as long as the underlying business stays strong, Jim Cramer says. THIS is what bullshit faux markets look like. If the U.S economy is “BOOMING” as they portend, there would be no need for the fed to have been continuously spoon feeding them money since 2007 !!! Jus’ sayin’
Source: CNBC - 🏆 12. / 72 Read more »