After-Hours Trading Updates

Let’s take a look at some companies that are generating buzz in after-hours trading. First up, Apple. Shares jumped 4% after the tech giant reported a fourth-quarter profit that exceeded expectations. They posted earnings of $1.85 per share on revenues of $102.47 billion, while analysts predicted $102.24 billion in revenue and $1.77 per share in earnings. They also had a positive outlook for the December quarter, driven by strong demand for the iPhone 17 series.

Next is Cloudflare. The cloud service provider saw its stock rise over 8% after reporting robust third-quarter results. The adjusted earnings were 27 cents per share, which surpassed the anticipated 23 cents per share, and revenue reached $562 million—also above the $544.6 million expected by analysts.

Amazon experienced a significant uptick, soaring 14% thanks to better-than-expected quarterly results. Their profit came in at $1.95 per share compared to the estimated $1.57 per share, with sales reaching $180.17 billion, beating the $177.75 billion forecast.

For Netflix, shares increased by 3% following the announcement of a 10-for-1 stock split, likely making shares more affordable for retail investors.

Twilio’s stock surged 10% after reporting third-quarter earnings far exceeding expectations. They posted adjusted earnings of $1.25 per share on revenue of $1.3 billion, while analysts had expected only $1.08 per share and $1.25 billion in revenue.

Coinbase saw a 2% rise in shares on the back of stronger-than-expected third-quarter results. The company reported earnings of $1.50 per share on revenue of $1.87 billion, though analysts anticipated revenue of $1.8 billion and $1.10 per share in earnings.

Atlassian’s shares climbed over 8% after it reported better-than-expected first-quarter profits and revenue, with adjusted earnings of $1.04 per share and revenue of $1.43 billion, beating analyst expectations of 84 cents per share and $1.4 billion in revenue.

Lumen Technologies saw a 6% rise following its third-quarter results, which showed an adjusted loss of 20 cents per share—lower than the anticipated loss of 26 cents. Their revenue of $3.09 billion also surpassed expectations of $3.04 billion.

On the downside, Gilead Sciences experienced a slight drop of about 1% in after-hours trading despite exceeding top and bottom-line expectations, with adjusted earnings of $2.47 per share on revenue of $7.77 billion.

Roku, meanwhile, faced a decline of more than 7% after reporting third-quarter revenue of $1.21 billion, which met expectations. Profitability was impacted by decreasing advertising expenses and increased competition. Though they exceeded expectations with 16 cents per share in earnings, the outlook for the fourth quarter suggests revenue of $1.35 billion.

Shares of Bitcoin agency Strategy, formerly known as MicroStrategy, enjoyed a 3% increase after announcing a record net profit of $2.8 billion, along with revenue that surpassed expectations at $12.7 million.

Monolithic Power Systems saw a nearly 3% decline even after it reportedly beat expectations with earnings of $4.73 per share and revenue of $737.2 million.

Zillow Group’s shares increased by 2% due to better-than-expected third-quarter adjusted EBITDA of $165 million, surpassing predictions of $158.4 million.

Finally, First Solar’s stock rose nearly 4%, buoyed by strong module sales, with an optimistic 2025 forecast of earnings between $14 and $15 per share and revenue from $4.95 billion to $5.2 billion.

Reddit’s shares also increased by more than 2% after reporting third-quarter results that beat Wall Street expectations, earning 80 cents per share against the anticipated 51 cents and revenues of $585 million, exceeding the expected $546 million.