After-Hours Movers: Netflix Surges on Beat, Olaplex Tumbles on Warning
After-Hours Stock Movers:
Olaplex Holdings, Inc. (NASDAQ: OLPX) 38% LOWER; lowers guidance. Sees third quarter net sales of $176.5 million, versus the consensus of $208.95 million. Sees full-year net sales of $704-$711 million, versus the consensus of $815.74 million.
Netflix (NASDAQ: NFLX) 14% HIGHER; reported Q3 EPS of $3.10, $0.92 better than the analyst estimate of $2.18. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.85 billion. The company reported global streaming paid net additions of 2.4 million, versus an expected 1 million. Netflix sees Q4 2022 EPS of $0.36, versus the consensus of $1.12. Netflix sees Q4 2022 revenue of $7.776 billion, versus the consensus of $7.97 billion. The company sees 4.5 million global streaming paid net additions in the quarter.
Intuitive Surgical (NASDAQ: ISRG) 11% HIGHER; reported Q3 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.51 billion.
Biohaven Ltd. (NYSE: BHVN) 9% LOWER; announced today that it has commenced a public offering of 20,000,000 of its common shares pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission.
United Airlines (NASDAQ: UAL) 7% HIGHER; reported Q3 EPS of $2.81, $0.57 better than the analyst estimate of $2.24. Revenue for the quarter came in at $12.9 billion versus the consensus estimate of $12.72 billion.
Roku, Inc. (NASDAQ: ROKU) 4% HIGHER; gains on Netflix's results.
The Walt Disney Company (NYSE: DIS) 3% HIGHER; gains on Netflix's results.
Insight Enterprises, Inc. (NASDAQ: NSIT) 3% HIGHER; ValueAct's Mason Morfit highlighted at the 13D Monitor Active-Passive Investor Summit.
