After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
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After-Hours Movers:
Everpure (NYSE: P)
Everpure rose 8% after announcing a major design win and supply agreement with a second top-five hyperscaler for its software-driven storage platform. Building on a landmark hyperscaler agreement secured in late 2024, the win reinforces the company's technological edge in high-performance AI data center storage architecture.
Riot Platforms (NASDAQ: RIOT)
Riot Platforms jumped 10% following the execution of a landmark 20-year, 191-megawatt data center lease at its Rockdale campus with a leading frontier AI lab, representing approximately $9.1 billion in contracted revenue. The digital infrastructure operator also posted solid Q2 results, reporting revenue of $174.2 million (up 14% year-over-year) as it rapidly expands beyond bitcoin mining into AI computing host facilities.
Babcock & Wilcox (NYSE: BW)
Babcock & Wilcox surged 27% after posting a blowout Q2 earnings report, delivering an EPS of $0.07 ($0.04 above analyst estimates) on revenue of $319.7 million, easily crushing the $196.97 million Wall Street consensus. The clean power and environmental technology vendor capitalized on strong project execution and accelerating thermal energy infrastructure demand.
Rocket Lab USA, Inc. (NASDAQ: RKLB)
Rocket Lab stock dipped 1% in volatile after-hours trading despite a top-line Q2 beat with $234.1 million in revenue and upbeat Q3 sales guidance of $250–$265 million (above the $237.4 million consensus). The mild pullback was driven by bottom-line concerns, as management projected a Q3 adjusted EBITDA loss of $17–$23 million, slightly wider than the $12.4 million loss expected by analysts.
Hims & Hers Health, Inc. (NYSE: HIMS)
Hims & Hers Health fell 2% after reporting a wider-than-expected Q2 loss of ($0.37) per share compared to analyst loss estimates of ($0.05), weighed down by gross margin compression and integration costs from its Eucalyptus acquisition. The earnings miss overshadowed a strong top-line beat of $753 million (up 38% year-over-year) and raised full-year 2026 revenue guidance of $3.1–$3.3 billion
Upwork Inc. (NASDAQ: UPWK)
Upwork shares plummeted 17% after issuing weak forward guidance that disappointed investors, despite delivering a solid Q2 beat ($0.41 EPS vs. $0.34 expected on $191.7 million in revenue). The online freelance marketplace projected Q3 revenue of $176–$184 million and full-year revenue of $730–$750 million, both missing Wall Street consensus estimates by a wide margin as active client growth and enterprise platform spending face ongoing macroeconomic pressures.
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