Check out the companies that make headlines for transactions outside of business hours. Apple-Megacap Tech giant shares rose 1%. The company said its iPhone sales increased 13% year-on-year and overall revenue increased 10%, marking Apple’s largest quarterly revenue growth since December 2021. Apple reported third quarter revenue of $940.4 billion. Revenues were $1.57 per share, surpassing consensus expectations of $1.43 per share. Clorox – Consumer product manufacturer stocks added 1% behind strong financial results. Clorox reported an adjusted earnings of $2.87 per share of revenue of $19.9 billion, while analysts voted by LSEG sought revenue of $2.21 per share of revenue of $2.21 per share. Amazon – Ecommerce giant stocks fell more than 3% after the company issued disappointing forecasts. For the current quarter, Amazon said it expects operating profit to range from $15.5 billion to $20.5 billion. Analysts voted by StreetAccount asked for $19.48 billion. First Solar – First Solar stock has earned more than 4% after solar solar technology and manufacturers beat on top and bottom lines. The company, which has struggled this year due to tariff-related threats, reported earnings of $3.18 per share, exceeding the expected $2.65 per share expected from analysts voted by LSEG. First Solar’s quarterly revenue was $1.1 billion, surpassing its $1.03 billion forecast. Stryker – The medical device maker beat the postmarket at 5% on Thursday, failing to meet the highest estimates of the streets, with the striker estimated a $175 million hit from higher tariffs on goods from China and Europe. Monolithic Power – Manufacturers of integrated power products for semiconductors gathered 6% after the end of Thursday. Second quarter profit and revenue exceeded analyst estimates, while third quarter sales guidance, between $710 million and $730 million, was far ahead of the street’s highest forecasts, according to FactSet’s StreetAccount service. Reddit – Shares in Social Platform Operator rose 14%. Reddit reported second-quarter profit of 45 cents with revenue of $500 million, but analysts voted by LSEG expected 19 cents and $426 million per share, respectively. The third quarter guidance calls for revenues of between $535 million and $545 million, beating the street’s estimated $473.3 million, according to Factset. Coinbase – Stocks have fallen over 6% on the crypto trading platform. Second quarter revenues missed analyst estimates and landed at $1.5 billion against the LSEG consensus. Retail trading volume was $43 billion, which was below the $48.05 billion estimate from analysts voted by StreetAccount. – CNBC’s Darla Mercado and Scott Schnipper contributed the report.
