Screenshot outside Nasdaq MarketSite where dating app operator Bumble Inc. appeared. (BMBL) debuts on the Nasdaq Stock Exchange during the company’s initial public offering in New York City, New York, US, February 11, 2021.
Mike Cigar | Reuters
Check out which companies are making the headlines in trading after the hour.
stutter The dating app company fell 15% after it reported third-quarter revenue that fell short of Wall Street expectations, according to StreetAccount. Bamble said fourth-quarter revenue and adjusted EBITDA are likely to miss expectations due to headwinds from foreign exchange and the war between Russia and Ukraine. competitor Match group Slither 1%.
Vico – Shares of the analytics company jumped 10% after beating StreetAccount’s forecast for earnings and earnings per share when it reported fourth-quarter earnings after the bell. The company also said it expects to exceed estimates for both for the full year.
Rivian Shares of the electric car maker gained 5% after the company reported a lower loss per share than expected by analysts in a Refinitiv poll. Revenue came in below expectations. The company reaffirmed full-year production guidance.
ZipRecruiter The stock rose nearly 15% after the job market beat StreetAccount’s earnings and earnings per share estimates for the third quarter. The company also raised its full-year guidance and said its board of directors authorized a $200 million increase in its stock buyback program.
Beyond the meat — The plant-based food maker known for its meat substitutes fell nearly 1% after a third-quarter earnings report that showed it posted a larger-than-expected loss, according to StreetAccount. Revenue was slightly higher than expected. For the fiscal year, the company reiterated its previous net revenue estimates. Beyond Meat has also indicated that it will incur a one-time fee of approximately $4 million related to last month’s decision for layoffs 19% of its workforce.
Dutch brothers – Shares of the coffee chain added 5% after Dutch Bros hit the lead and earnings, according to Refinitiv.
Kano — The stock rose 3.4% after the electric car company reported lower earnings per share and adjusted EBITDA losses than expected, according to StreetAccount.
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