Take a look at the businesses making headlines in after-hour buying and selling.
Bumble – The relationship app firm plummeted 15% after it reported third-quarter income was under Wall Road’s expectations, based on StreetAccount. Bumble mentioned fourth-quarter income and adjusted earnings earlier than curiosity, taxes, depreciation, and amortization would seemingly are available beneath expectations as a consequence of headwinds from international foreign money and the battle between Russia and Ukraine. Competitor Match Group slid 1%.
FICO – Shares of the analytics firm jumped 10% after it beat StreetAccount’s expectation for per-share earnings and income when reporting fourth-quarter earnings after the bell. The corporate additionally mentioned it expects to beat estimates on each for the complete 12 months.
Rivian – Shares of the electrical car maker gained 5% after the corporate reported a smaller per-share loss than anticipated by analysts polled by Refinitiv. Income got here in under expectations. The corporate reaffirmed its full-year manufacturing steering.
ZipRecruiter – The inventory popped practically 15% after the job market beat StreetAccount’s estimates for third-quarter per-share earnings and income. The corporate additionally raised its full-year steering and mentioned its board has licensed a $200 million improve to its share repurchasing program.
Past Meat – The plant-based meals maker identified for its meat alternate options shed practically 1% following its third-quarter earnings report that confirmed it posted a wider-than-expected loss, based on StreetAccount. Income was barely increased than anticipated. For the fiscal 12 months, the corporate reiterated prior internet income estimates. Past Meat additionally famous it can incur a one-time cost of about $4 million associated to the choice made final month to put off 19% of its workforce.
Dutch Bros – Shares of the espresso chain added 5% after Dutch Bros posted beats on the highest and backside traces, based on Refinitiv.
Canoo – The inventory added 3.4% after the electrical car firm posted smaller per-share earnings and adjusted EBITDA losses than anticipated, based on StreetAccount.
