After-hours movers: Disney gains on results and job cuts, Affirm plunges

After-Hours Stock Movers:

AppLovin (NASDAQ: APP) 30% HIGHER; reported Q4 EPS of ($0.21), $0.26 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $702 million versus the consensus estimate of $691.48 million. AppLovin sees Q1 2023 revenue of $685-705 million, versus the consensus of $687.2 million.

Affirm Holdings (NASDAQ: AFRM) 19% LOWER; reported Q2 EPS of ($1.10), $0.10 worse than the analyst estimate of ($1.00). Revenue for the quarter came in at $400 million versus the consensus estimate of $416.49 million. Affirm Holdings sees Q3 2023 revenue of $360-380 million, versus the consensus of $418 million. Affirm Holdings sees FY2023 revenue of $1.475-1.55 billion, versus the consensus of $1.64 billion. Affirm Holdings to cut 19% of its workforce.

Digital Turbine (NASDAQ: APPS) 17% LOWER; reported Q3 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $162.3 million versus the consensus estimate of $186.17 million. Digital Turbine sees Q4 2023 EPS of $1.15-$1.20, versus the consensus of $1.41. Digital Turbine sees Q4 2023 revenue of $660-670 million, versus the consensus of $722.49 million.

Mattel (NASDAQ: MAT) 9% LOWER; reported Q4 EPS of $0.18, $0.11 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.69 billion. Mattel sees FY2023 EPS of $1.10-$1.20, versus the consensus of $1.66.

Robinhood (NASDAQ: HOOD) 5% HIGHER; reported Q4 EPS of ($0.11), ex-items, $0.04 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $380 million versus the consensus estimate of $394.33 million.

Walt Disney (NYSE: DIS) 5% HIGHER; reported Q1 EPS of $0.99, $0.20 better than the analyst estimate of $0.79. Revenue for the quarter came in at $23.51 billion versus the consensus estimate of $23.43 billion. To cut 7,000 jobs in restructuring.

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