Check out the companies making headlines after the Bell: Qualcomm – Semiconductor companies fell 5% despite posting third quarter beats on both the top and bottom lines. Qualcomm has posted adjusted earnings of $2.77 per share in $10.37 billion. Analysts voted by LSEG were expecting profits of $2.71 per share and revenue of $10.35 billion. Microsoft – After Tech Titan reported fourth-quarter revenue of $3.65 per share, the stock rose 7%, up 18% from $7.644 billion to $7.644 billion, surpassing the $3.37 per share analyst voted by LSEG. This was also higher than the expected $73.81 billion. Meta Platform – Facebook’s parent’s stock rose 9%. Meta issued a rosy outlook in the third quarter, seeking revenues of between $47.5 billion and $50.5 billion. The company also reported second quarter revenues exceeded the LSEG consensus estimates. Ford Motor – The manufacturer of the F-Series pickup truck fell 4% on Wednesday after saying it had a vision for its 2025 revenue outlook before interest and tax. ARM Holdings – Shares fell 8% after chip designers made first quarter revenues to $1.05 billion. Disappointing analyst who expected $1.06 billion per LSEG. The company’s adjusted revenue of 35 cents per share was in line with expectations. F5 – Cybersecurity stocks rose 9% after reporting third-quarter adjusted earnings of $4.16 per share against revenue of $780 million. Analysts voted by LSEG were expecting profits of $3.50 per share and revenues of $758 million. CARVANA – Stocks skyrocketed 16% after the second-quarter results in the second-quarter when the used car market beat analysts’ expectations. Carvana’s $1.28 per share earnings exceeded the Wall Street consensus of $1.11 per share, but revenues of $4.84 billion were projected by analysts with $4.59 billion voted by LSEG. Robinhood – The brokerage platform surpassed Wall Street estimates for the second quarter on the top line and bottom line. Robinhood reported a profit of 42 cents per share against $989 million in revenue. The LSEG Consensus estimates it seeks revenues of 31 cents per share and revenue of $908 million. Stocks rose about 1%. Align Technology – Correctional parts manufacturers plummeted 35% after reporting second-quarter revenue and revenues that fell below Wall Street consensus estimates per LSEG. The company also induced revenues of $985 million from $965 million in the current quarter. Sprouts Farmers Market – The Phoenix-based grocery chain rose almost 3% in after-hours trading. Second quarter revenue and earnings per share broke analyst estimates. This was a breakthrough in the top spot, similar to the third quarter outlook for full-year guidance on comparable store sales and earnings per share. eBay – Stocks skyrocketed 10% after the online marketplace reported second quarter earnings that beat expectations. According to LSEG, eBay’s adjusted revenue was $1.37 per share, with analysts looking for $1.30 per share. The company’s $2.73 billion revenues also exceeded its $2.644 billion forecast. Western Digital – The stock rose 4% after the custodian reported fourth quarter revenue and revenue that exceeded expectations. Western Digital reported adjusted revenue of $1.66 per share, exceeding the $1.48 per share expected by analysts voted by LSEG. Revenue of $2.61 billion exceeded the consensus estimate of $2.47 billion. – CNBC’s Darla Mercado, Sarah Min and Scott Schnipper contributed the report.
