After-Hours Trading Highlights

Let’s dive into the companies that have caught attention in after-hours trading.

Nvidia is making headlines after reporting impressive earnings and revenue for its fiscal fourth quarter. The company’s stock jumped more than 1% in after-hours trading. Specifically, Nvidia reported adjusted earnings of $1.62 per share, surpassing analysts’ expectations of $1.53 per share. Their revenue reached $68.13 billion, exceeding estimates of $66.21 billion, thanks largely to strong performance in its data center division.

Snowflake, on the other hand, saw its stock decline by over 2%. The software company indicated that it anticipates first-quarter product revenue between $1.262 billion and $1.267 billion, slightly above the FactSet consensus of $1.26 billion.

Trade Desk faced a significant drop, with stock prices falling around 16%. The company projected first-quarter adjusted EBITDA of about $195 million, which is well below the $223 million previously expected by analysts. While they missed revenue expectations for the first quarter, their fourth-quarter performance exceeded what TheStreet anticipated.

Synopsys experienced a nearly 2% decline in stock price after its full-year earnings outlook didn’t meet Wall Street’s expectations. They estimate revenue to fall between $9.56 billion and $9.66 billion, compared to a consensus estimate of $9.63 billion.

Salesforce also saw shares drop by about 5% in after-hours trading. The company provided revenue guidance for fiscal year 2027 of between $45.8 billion and $46.2 billion, which is slightly below the FactSet consensus of $46.11 billion. However, their fourth-quarter results did exceed expectations in both sales and profit.

Nutanix is an exception to the trend, with its stock soaring by 17%. This rise coincides with a newly announced multi-year partnership with AMD to co-develop an artificial intelligence infrastructure platform. As part of this collaboration, AMD will invest $150 million in Nutanix’s stock. Nutanix also reported second-quarter results that surpassed expectations in both revenue and profit.

IonQ saw a 6% increase in stock value after issuing an optimistic revenue forecast. The company expects first-quarter revenue to be between $48 million and $51 million, which is above analysts’ predictions of $36 million. Their full-year revenue guidance is quoted to be in the range of $225 million to $245 million, exceeding the consensus estimate of $191 million.

Lastly, C3.ai had a disappointing day, with stock falling 20%. Investors were not pleased with the company’s third-quarter results, showing a loss of 40 cents per share, which was worse than the analysts’ expectation of a 29-cent loss. Revenue for the period came in at $53.3 million, significantly short of the $76 million that analysts were looking for.