Stock Market

In this photo illustration, the Coinbase logo is displayed on a smartphone screen.
Rafael Henrique | SOPA Images | Lightrocket | Getty Images

Check out the companies making headlines in after hours trading.

Coinbase – Coinbase fell more than 3.5% in afterhours trading after reporting quarterly earnings. The company missed analyst expectations on both revenue and earnings, partially due to the “crypto winter” seen in the second quarter.  

Roblox – Roblox shed nearly 14% postmarket Tuesday after the company’s quarterly earnings came in below Wall Street expectations. Roblox reported a loss of 30 cents per share and $639.9 million in revenue, versus analysts’ estimate of a loss of 21 cents on $644.4 million in revenue. In addition, Roblox reported 52.2 million daily active users in the quarter, less than expected by Wall Street and down from the first quarter.

Wynn Resorts – Shares of Wynn Resorts slipped more than 2.5% late Tuesday after the gaming company missed Wall Street’s estimates for revenue. Wynn reported a loss of 82 cents per share and revenue of $908.83 million, against analysts’ estimates of a loss of $1.11 and revenue $980.85 million.

Unity Software – Unity Software shed nearly 3% after the closing bell after disappointing quarterly earnings that missed Wall Street expectations. Unity reported $297 million in revenue and a 69-cent loss per share, versus expectations of $299 million in revenue and a 21-cent loss.

Sweetgreen – Shares of the salad company lost more than 20% in afterhours trading Tuesday after it lowered its full-year outlook, said it would layoff 5% of its workforce and downgrade its office space. The company met earnings expectations of 36 cents per share, but fell short on revenue, reporting $124.9 million versus a consensus estimate of $130.2 million.

Articles You May Like

Matt Gaetz withdraws as Trump’s nominee for US attorney-general
UK inflation accelerates sharply to 2.3% in October
Muni buyers focus on primary, traders ignore more UST losses
European troops in Ukraine would secure Trump peace deal, says Estonia
Wisconsin village in court fight over terminated transportation fee