logo-loader

Stitch Fix , Time Warner, AT&T and more - AFTER HOURS

Last updated: 12:13 14 Mar 2018 GMT, First published: 08:13 14 Mar 2018 GMT

1521029779_shutterstock_108346709
A look at some of the stocks in the frame after the bell

After what was a tumultuous day for US politics, after the bell, stocks on Tuesday in focus included Stitch Fix Inc (NASDAQ:SFIX), which shed 1.94% to US$22.80 in extended trade.

The online personal shopping service missed analysts' estimates for earnings on its second financial report since going public in November.

 

Net income for the second quarter amounted to US$3.6mln, or 2 US cents per share, on US$295.9mln of revenue.

Wall Street consensus was pitched at 6 US cents per share on US$291mln of revenue, so  the market was disappointed.

During the quarter, the firm generated net income of US$3.6 million, or diluted earnings per share of US$0.02.

But non-GAAP net income, which did not include a US$1.6mln gain on remeasurement of preferred stock warrant liability and a US$4.7mln increase in tax expense resulting from recently passed US tax reform, was US$6.8 million, or diluted earnings per share of $0.07.

Elsewhere, Time Warner Inc (NYSE:TWX) shares nudged up 0.86% to US$96.99 after the bell after a U.S. district judge ruled AT&T's (NYSE:T) arguments may be included in the trial over its proposed merger with Time Warner Inc (NYSE:TWX).

Chesnara reports strong 2023 results with improved cash generation and...

Chesnara PLC (LSE:CSN) chief executive Steve Murray discusses the company's full-year results for 2023 with Proactive's Stephen Gunnion, describing them as strong and particularly highlighting £53 million in commercial cash generation and a dividend coverage of around 150%. The company has...

16 minutes ago