After-Hours Movers: Snail Gains on Buyback, DoubleVerify Falls on Offering
After-Hours Stock Movers:
Snail, Inc. (NASDAQ: SNAL) 23% HIGHER; announced that its Board of Directors has today authorized a share repurchase program under which Snail may repurchase up to $5 million in outstanding shares of its Class A common stock, subject to ongoing compliance with Nasdaq listing rules. The stock IPOd earlier today, closing down 55%.
Doximity, Inc. (NYSE: DOCS) 17% HIGHER; reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $102.2 million versus the consensus estimate of $100.29 million. Doximity, Inc. sees Q3 2023 revenue of $110.7-111.7 million, versus the consensus of $114.88 million. Doximity, Inc. sees FY2023 revenue of $424-432 million, versus the consensus of $426.36 million.
Toast (NYSE: TOST) 7% HIGHER; reported Q3 EPS of ($0.19), $0.11 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $752 million versus the consensus estimate of $718.47 million. Toast sees Q4 2022 revenue of $730-760 million, versus the consensus of $731 million.
DoubleVerify Holdings, Inc. (NYSE: DV) 6% LOWER; announced the launch of an underwritten offering of 10,000,000 shares of its common stock by Providence VII U.S. Holdings L.P., Providence Public Master L.P. and Providence Butternut Co-Investment L.P.
Compass (NYSE: COMP) 6% LOWER; reported Q3 EPS of ($0.36), $0.06 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.46 billion. Compass sees Q4 2022 revenue of $1.15-1.3 billion, versus the consensus of $1.41 billion. Compass sees FY2022 revenue of $6.05-6.2 billion, versus the consensus of $6.2 billion.
FIGS (NYSE: FIGS) 4% LOWER; reported Q3 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $128.6 million versus the consensus estimate of $124.85 million. FIGS sees Q4 2022 revenue of ~$495 million, versus the consensus of $511.93 million.
Xponential Fitness, Inc. (NYSE: XPOF) 3% HIGHER; reported Q3 EPS of $0.10, $0.03 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $63.8 million versus the consensus estimate of $54.49 million. Xponential Fitness, Inc. sees Q4 2022 revenue of $235-240 million, versus the consensus of $223.82 million.
