Disney, Bumble, Sonos & more

Disney, Bumble, Sonos & more

Take a look at the businesses making headlines after the bell Wednesday

Walt Disney — Shares of the leisure firm jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the earlier quarter. Subscriptions got here in at 152.1 million, above the anticipated 147.76 million in accordance with StreetAccount. Disney’s earnings per share and income additionally topped estimates.

Sonos — Shares of the wi-fi residence sound system maker cratered more than 19% after the corporate slashed its full-year steerage amid a difficult macro surroundings. Sonos’ earnings and income for the earlier quarter additionally missed expectations.

Bumble — Bumble slumped more than 13% after slashing its steerage for the total yr regardless of a income beat for the earlier quarter. The corporate cited inflation and overseas alternate headwinds among the many causes for the forecast reduce.

Vacasa — The holiday rental administration inventory soared 42% on the again of an surprising revenue of two cents per share. Analysts had anticipated a lack of 20 cents per share, in accordance with Refinitiv. Vacasa additionally shared strong steerage for the present interval.

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