Snap, eBay, Texas Instruments and more
Take a look at the companies that make headlines by the clock :
The share of snaps increased as much as 10% before mating gains to trades only 1% up, in extended trading Tuesday after the release of the company's strong first-quarter earnings, Snap, Snapchat maker reported a 10 percent loss per share compared to an estimated 12-cent per share loss, $ 320 million, topping estimates At $ 307 million, according to Refinitiv, revenue grew by 39%, and exceeded last year's growth of 36%, the company improved its advertising tools for its better than expected revenue growth.
Snap's Global Daily Active Users came in at $ 1[ads1]90 million, The average revenue per user was $ 1.68, slightly higher than the analysis of $ 1.62 by analysts.
Shares on eBay rose 5% after hours on Tuesday after reporting for the first quarter. and bottom lines, e-commerce company earnings per share of 67 cents on revenue of $ 2.64 billion. Wall Street expected earnings per share of 63 cents on $ 2.58 billion in revenue, according to Refinitiv.
Gross added value came under estimates of $ 22.59 billion. Analysts expected $ 23.25 billion.
Kraft Heinz shares crossed lower after market Tuesday after CNBC reported that the company is weighing the sale of its Ore-Ida frozen potato business. The business can provide a valuation of $ 1.5 to $ 2 billion.
Texas Instruments shares fell more than 2%, after they first jumped 4%, on Tuesday, based on the semiconductor company's better-than-expected first-quarter results. Texas Instruments earned $ 3.59 billion in revenue, beating the forecast at $ 3,448 billion. Earnings per share were $ 1.26, higher than the $ 1.13 analysts.
Texas Instruments estimates second quarter earnings per share of between $ 1.12 and $ 1.32 and revenue between $ 3.46 billion and $ 3.74 billion.
Shares of Hawaiian Holdings fell slightly after hours trading Tuesday after reporting strong first-quarter earnings. The parent company of Hawaiian Airlines reported income per share of 67 cents, higher than the estimated 64 cents according to Refinitiv. Revenue was $ 657 million compared to analysts' $ 656 million forecast.
Shares in iRobot fell 16% in extended trading on Tuesday after a lack of income for the first quarter. The robot vacuum cleaner Roomba earned $ 237.7 million in revenue, compared to analysts' $ 251.4 million forecast. Earnings per share came in at 78 cents, topping estimates of 60 cents per share per refinitive.
Six Flags shares popped as much as 3% before mating gains in extended trading Tuesday after the release of the amusement company's first quarter earnings turn. Six Flags reported a loss of 82 cents per share on revenues of $ 128.2 million. Analysts had expected a loss per share of 86 cents on revenues of $ 123.6 million, according to Refinitiv.
Six Flags saw a decrease of 8% in the number of guests for the first quarter. The company's CEO told CNBC's Closing Bell decline due to the Easter holiday, which changed from the first quarter.
