After-hours movers: Salesforce surges on beat, Silvergate falls on 'going concern' warning
After-Hours Stock Movers:
Funko (NASDAQ: FNKO) 27% LOWER; reported Q4 EPS of ($0.35), $0.26 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $333.04 million versus the consensus estimate of $315.51 million. Lowers guidance.
Silvergate Capital (NYSE: SI) 24% LOWER; delayed 10-K, 'going concern' warning
Salesforce (NYSE: CRM) 14% HIGHER; reported Q4 EPS of $1.68, $0.32 better than the analyst estimate of $1.36. Revenue for the quarter came in at $8.38 billion versus the consensus estimate of $8 billion. Salesforce sees Q1 2024 EPS of $1.60-$1.61, versus the consensus of $1.32. Salesforce sees Q1 2024 revenue of $8.16-8.18 billion, versus the consensus of $8.05 billion. Salesforce sees FY2024 EPS of $7.12-$7.14, versus the consensus of $5.84. Salesforce sees FY2024 revenue of $34.5-34.7 billion, versus the consensus of $34.03 billion.
Okta, Inc. (NASDAQ: OKTA) 13% HIGHER; reported Q4 EPS of $0.30, $0.21 better than the analyst estimate of $0.09. Revenue for the quarter came in at $510 million versus the consensus estimate of $489.79 million. Okta, Inc. sees Q1 2024 EPS of $0.11-$0.12, versus the consensus of $0.00. Okta, Inc. sees Q1 2024 revenue of $509-511 million, versus the consensus of $497.9 million. Okta, Inc. sees FY2024 EPS of $0.74-$0.79, versus the consensus of $0.32. Okta, Inc. sees FY2024 revenue of $2.155-2.17 billion, versus the consensus of $2.16 billion.
Snowflake (NYSE: SNOW) 8% LOWER; reported Q4 EPS of $0.14, $0.09 better than the analyst estimate of $0.05. Revenue for the quarter came in at $589 million versus the consensus estimate of $576.22 million. Authorized a $2.0 billion stock repurchase program.
Radius Global Infrastructure, Inc. (NASDAQ: RADI) 5% HIGHER; EQT and Public Sector Pension Investment Board (PSP) announced today that they have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3.0 billion.
Tesla, Inc. (NASDAQ: TSLA) 2% LOWER; ongoing Investor Day