Check out the companies that make headlines before the bell. Positive Holdings – The paying company’s shares earned 14% after exceeding second quarter revenue and revenue expectations. Affirm, offering buy now and paying for later loans, reported revenue of $866 million for that period, while analysts voted by LSEG predicted $807 million. Revenues were announced at 23 cents per share, surpassing estimates of 15 cents per share. Total product volume increased by 35% year-on-year. Tesla – Automaker’s stocks saw sales increase during that period, with China’s competition growing with Chinese rivals after sales of Tesla cars fell 11.5% in January. Tesla sold 63,238 cars compared to the 71,447 cars sold the same month last year. Pinterest – Social media platform stocks surged more than 20% in pre-market trading, following the company’s strong quarterly results. Pinterest’s fourth quarter revenues increased 18% year-on-year, while net income was $1.855 billion, including deferred tax benefits. The company said global monthly active users rose 11% year-on-year to 553 million people in the fourth quarter. Amazon – Stocks fell about 3% after the e-commerce giant gave weaker guidance than expected this quarter. Amazon expects first quarter revenue to be between $151 billion and $155.5 billion, but analysts surveyed by LSEG were looking for $158.5 billion. The company’s fourth quarter revenue and revenue still beat consensus expectations. ELF Beauty – After ELF Beauty cut its fiscal year guidance significantly, the cosmetics company’s shares fell 25%. The company looks at revenues ranging from $1.3 billion to $1.31 billion. Third quarter ELF adjusted revenue also missed expectations and came in at 74 cents per share, but Analyst voted for LSEG and predicted 75 cents per share. Video game stocks have risen by 9% after the company provided updates on the timing of new releases, including Take-Two Interactive Software – Grand Theft Auto VI to be released this fall. The profits came despite Take-Two’s online bookings as Take-Two’s third quarter fell below $1.37 billion, according to LSEG. Invoice Holdings – The stock price of the billing software company plummeted around 30% against the backdrop of a disappointing third quarter earnings forecast. Building owners expect LSEG estimates of revenues of $352.5 million to $357.5 million, less than $360.4 million. The company’s second quarter revenue and revenue beat analysts’ expectations. Expedia – The online travel agency’s shares won over 11% after Expedia’s fourth quarter results exceeded Wall Street’s expectations. According to LSEG, Expedia recorded revenue of $3.18 billion with revenue of $2.39 per share. Expedia also revived its quarterly dividend at 40 cents per share. Monolithic Power System – Equity added 9% after Monolithic Power System exceeded its fourth quarter revenue and revenue expectations and issued better revenue guidance this quarter. The semiconductor company also announced a $500 million share buyback program, increasing its quarterly dividend by nearly 25%. Fortinet – Cybersecurity stocks rose 6% after Fortinet recorded better than expected fourth quarter results and provided strong full-year guidance. The company estimates its full-year revenues are between $6.65 billion and $6.85 billion, exceeding its estimate of $6.63 billion per LSEG. – CNBC’s Jesse Pound and Yun Li contributed their report.
