Patrick T. Fallon | AFP | Getty Images
Here are the stocks that are making notable moves after hours:
Amazon — Amazon shares rose 12% despite the tech giant reporting a loss of 20 cents a share in the second quarter. The company’s revenue came in higher than expected at $121.23 billion. Analysts polled by Refinitiv expected $119.09 billion. Amazon Web Services sales came in stronger than expected.
Apple — The tech giant’s shares added more than 3% after Apple beat estimates at the top and bottom for the third quarter. Apple reported earnings of $1.20 per share, generating $82.96 billion in revenue. Analysts polled by Refinitiv had set earnings of $1.16 per share on $82.81 billion in revenue. The iPhone segment helped fuel the pace, as sales beat expectations.
Intel — Chip stock fell more than 7% after Intel missed estimates on the top and bottom lines for the second quarter. Intel reported 29 cents in adjusted earnings per share on $15.32 billion in revenue. Analysts polled by Refinitiv were looking for 70 cents per share on $17.92 billion in revenue. The third-quarter guidance came in less than expected.
Roku – Streaming inventory fell nearly 25% after Roku missed estimates at the top and bottom for the second quarter, as the company flagged a slowdown in ad spending. Roku’s third-quarter revenue forecast also came in much lower than expected at $700 million. Analysts surveyed by Refinitiv expected $902 million.
Dexcom — Shares of the medical device company fell 17% after DexCom’s second-quarter profit missed expectations in net profit. DexCom reported 17 cents in adjusted earnings per share at $696.2 million. Analysts expected 19 cents a share on revenue of $698.6 million, according to FactSet’s StreetAccount. Net income decreased year on year.
Avantor — Shares of the life sciences company fell nearly 10% after Avantor’s second-quarter earnings and earnings missed expectations. Avantor reported 37 cents of earnings per share on revenue of $1.91 billion. Analysts polled by FactSet’s StreetAccount were looking for 38 cents of earnings per share and revenue of $1.99 billion.
Five9 – Software stocks rose more than 7% after a stronger-than-expected second-quarter report. Five9 reported 34 cents in adjusted earnings per share on $189 million in revenue. Analysts surveyed by Refinitiv were looking for 18 cents per share on revenue of $180 million. Five9 said it expects revenue to grow sequentially in the third quarter.