Shares of Workday Inc WDAY rose 3.5 percent on Wednesday. In after-hours, the stock jumped another than 4 percent after the company reported its second-quarter (fiscal 2016) financial results.
Earnings came in at $0.02 per share and revenue came in at $282.7 million. This compares to the Street’s consensus estimate, which called for a net loss of ($0.06) per share on revenue of $274.02 million, and the crowd’s projection of ($0.04) per share on sales of $276.14 million.
Williams-Sonoma, Inc. WSM rose 2.58 percent during the regular session, ahead of its second-quarter earnings call. However, after reporting earnings of $0.58 per share on revenue of $1.127 billion, both in line with the Street’s consensus, the stock started to tumble, and was down more than 6 percent, also due to poor third-quarter guidance.
Avago Technologies Ltd AVGO gained 7.09 percent during the day and an extra 2.4 percent after the bell. For the third quarter of 2015, Avago delivered earnings of $2.24 per share on revenue of $1.75 billion, well above the Street’s projection of $2.13 per share and $1.742 billion, and slightly better than guidance, which called for sales of $1.74 billion.
Finally there’s Guess?, Inc. GES, which returned 7.41 percent during the day, but was down almost 5 percent after-hours. Although earnings and revenue came in ahead of consensus, falling sales and weak guidance drove shares down.
Other stocks moving after-hours include:
- NQ Mobile Inc (ADR) NQ, up more than 28 percent on its earnings call
- Sumitomo Mitsui Financial Grp, Inc.(ADR) SMFG, down almost 9 percent.
- Nokia Corporation (ADR) NOK, up more than 9 percent.
- Edap Tms SA (ADR) EDAP, up roughly 13 percent.
- 21Vianet Group Inc VNET, down almost 6 percent.
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