The emblem for Coinbase Global Inc, the largest U.S. cryptocurrency trade, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021.
Shannon Stapleton | Reuters
Check out the businesses making headlines after the bell:
Coinbase — Shares sunk 11.5% in prolonged buying and selling after Coinbase reported first-quarter income beneath expectations. Coinbase posted income of $1.17 billion versus the Refinitiv consensus estimate of $1.48 billion. The firm 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 Street’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 strains. 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 — The inventory plunged 31.6% in prolonged buying and selling after the online game software program firm posted income beneath expectations. Unity Software reported $320 million in income within the first quarter, whereas analysts surveyed by Refinitiv anticipated $322 million.
Wynn Resorts — The resort 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. Revenue 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 accident launched quarterly outcomes early. SoFi posted better-than-expected numbers on the highest and backside strains, 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.