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After-hours movers: Cloudflare gains; Pinterest and Expedia sink

February 8, 2024 4:55 PM

After-Hours Stock Movers:

Pinterest (NYSE: PINS) declined 15% after reporting fourth quarter revenue that trailed estimates. Monthly active users were strong but average revenue per user was weaker than thought.

Expedia (NASDAQ: EXPE) declined 12% after reporting revenue and EPS that were about in-line with consensus. Cash flow was worse than expected. It also named a new CEO.

Affirm Holdings (NASDAQ: AFRM) declined 16% despite reporting better than expected revenue last quarter. Guidance for 2024 gross merchandise volume may have disappointed investors.

Cloudflare (NYSE: NET) shares gained 14% after its fourth quarter results beat estimates. Its guidance for the first quarter and year were solid overall.

BILL Holdings (NYSE: BILL) gained 12% after easily beating EPS and revenue estimates last quarter. It also raised full year guidance.

Doximity (NYSE: DOCS) declined 7% despite reporting strong quarterly results. Revenue guidance for its fiscal fourth quarter trailed estimates.

Motorola Solutions (NYSE: MSI) declined 5.5% after its quarterly report was published. Performance wasn't bad but full year EPS guidance misses consensus at the midpoint.

Take-Two Interactive Software (NASDAQ: TTWO) declined 4.6% after it issued bookings guidance that fell short of what Wall Street analysts had expected.

By Louis Juricic

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