Why Ambarella, GoPro, Smith & Wesson, And H & R Block Were Moving In After-Hours

Shares of Ambarella Inc AMBA were trading down about 6.6 percent on Thursday’s after-hours session, following the announcement of the company’s fourth quarter financial results. The GoPro Inc GPRO provider reported earnings of $0.64 per share, beating the Street’s consensus of $0.47 per share. Revenue of $ 67.97 million also came in above estimates of $ 64.81 million. In addition, management guided for first quarter revenue of $55 million to $57 million, below the $62.4 million consensus. Shares of GoPro also lost more than 2 percent since the bell rang, most likely driven by the news about Ambarella.

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Also moving on the announcement of its financial results was Smith & Wesson Holding Corp SWHC, which gained about 6.6 percent since the market closed. The firearms manufacturer just posted third quarter fiscal 2016 earnings of $0.59 per share, $0.18 above the Street’s consensus, on revenue of $210.79 million, which also beat expectations for $182.3 million in sales. Management also boosted its guidance for the full fiscal year. The company now expects EPS of $1.68 to $1.70, well above the $1.42 consensus.

Finally, there’s H & R Block Inc HRB, down about 5.5 percent in after-hours. After the bell rang, the mid cap company reported a third quarter fiscal 2016 net loss of $(0.34) per share, worse than the expected $(0.26) per share. Revenue of $474.54 million also missed expectations for $504.93 million in sales.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.