Coinbase, Roblox, Electronic Arts and more

Coinbase, Roblox, Electronic Arts and more

Take a look at the businesses making headlines after the bell

Coinbase — Shares sunk 11.5% in prolonged buying and selling after Coinbase reported first-quarter income under expectations. Coinbase posted income of $1.17 billion versus the Refinitiv consensus estimate of $1.48 billion. The corporate mentioned decrease crypto asset costs and market volatility impacted first-quarter outcomes.

Electronic Arts — The inventory rose 2.2% after hours regardless of Electronic Arts narrowly lacking Wall Avenue’s income estimates. The online game firm reported quarterly income of $1.75 billion, whereas analysts surveyed by Refinitiv anticipated income of $1.77 billion on common.

Roblox — Shares dropped 6.9% in prolonged buying and selling after the online game firm missed analyst projections on the highest and backside traces. Roblox reported a first-quarter lack of 27 cents per share on income of $631 million. Analysts had anticipated a lack of 21 cents per share on income of $645 million, in keeping with Refinitiv.

Unity Software program — The inventory plunged 31.6% in prolonged buying and selling after the online game software program firm posted income under expectations. Unity Software program reported $320 million in income within the first quarter, whereas analysts surveyed by Refinitiv anticipated $322 million.

Wynn Resorts — The lodge and on line casino operator inventory fell marginally after hours following a weaker-than-expected quarterly report. Wynn posted an adjusted lack of $1.21 per share whereas analysts anticipated $1.15, in keeping with Refinitiv. Income got here in at $953 million versus the consensus estimate of $986 million.

SoFi — The inventory rose 1% after hours following a plunge of 12% within the common buying and selling session, after SoFi by chance launched quarterly outcomes early. SoFi posted better-than-expected numbers on the highest and backside traces, however issued weaker-than-expected ahead steerage.

Occidental Petroleum — The inventory fell 1% regardless of a better-than-expected quarterly report. Occidental reported first-quarter earnings of $2.12 per share on income of $8.53 billion. Analysts had anticipated a revenue of $2.03 per share on income of $8.08 billion, in keeping with Refinitiv.

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