GameStop Corp (NYSE:GME) shares declined in extended trading Wednesday after the company reported mixed third-quarter results.
The video game retailer turned meme stock posted revenue of $1.08 billion, down 9% year over year and below Street expectations of $1.18 billion. Its adjusted earnings were breakeven, compared to an expected loss of $0.08 per share.
C3.ai shares tumbled more than 8% after hours Wednesday after the company’s guidance failed to impress investors.
The enterprise artificial intelligence (AI) software company posted a fiscal second-quarter adjusted loss of $0.13 per share, narrower than Street expectations of an $0.18 per share loss. Revenue was $73.2 million, compared to $62.4 million a year earlier and below the analyst consensus of $74.3 million.
ChargePoint Holdings Inc after Wednesday’s close announced third-quarter fiscal 2024 financial results that fell short of expectations on both the top and bottom lines.
The electric vehicle (EV) charging station network reported a 3Q net loss of $0.43 a share on revenue that fell 12% year over year to $110.3 million.
The analyst consensus forecast was for a loss of $0.22 per share and revenue of $117.14 million, according to Zacks Equity Research.
Sprinklr after Wednesday’s closing bell reported estimate-topping third-quarter financial results driven by strong demand for its suite of products.
The customer experience management platform provider reported an 18% year-on-year increase in revenue to $186.3 million, above estimates of $180.1 million. Subscription revenue rose 22% to $170.5 million.
Adjusted earnings per share were $0.12, up from $0.02 in the year-ago quarter and above estimates of $0.07.
Veeva Systems posted better-than-expected third-quarter earnings but weak sales guidance for the current quarter saw the stock trade lower.
The provider of customer relationship management (CRM) software reported a 12% year-over-year increase in revenue to $616.5 million, above estimates of $615.88 million.
Earnings per share (EPS) also topped estimates of $1.28 at $1.34, compared to $1.13 in the year-ago quarter.