After-hours movers: Block, Rivian, Celsius, Akamai
After-hours movers:
Block, Inc (NYSE: XYZ) fell 6% after results missed expectations. Block reported Q4 EPS of $0.71, $0.18 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $6.03 billion versus the consensus estimate of $6.28 billion.
Rivian Automotive (NASDAQ: RIVN) rose 4.6% after it reported solid quarterly performance. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.35 billion.
Celsius Holdings Inc. (NASDAQ: CELH) rose 8% after it reported a pact to buy rival Alani Nu for $1.8 billion. Transaction expected to be accretive to cash EPS in the first full year of ownership.
Akamai Technologies (NASDAQ: AKAM) fell 5.4% after guidance trailed estimates. Akamai Technologies sees FY2025 EPS of $6.00-$6.40, versus the consensus of $6.82, and revenue of $4-4.2 billion, versus the consensus of $4.25 billion.
Evolent Health (NYSE: EVH) fell 3% after it said it sees FY2025 revenue of $2.06-2.11 billion, versus the consensus of $2.42 billion.