CrowdStrike IPO at the Nasdaq exchange June 12, 2019.
Source: Nasdaq
Check out the companies making headlines after the bell on Tuesday:
Coupa Software – Shares of the software company climbed 6% after Coupa reported surprise fourth-quarter earnings. Coupa reported earnings per share of 17 cents on revenue of $163.5 million. Analysts polled by Refinitiv expected losses per share of 11 cents on revenue of $145.7 million.
CrowdStrike – CrowdStrike shares popped 6% after the software company posted better-than-expected results for the fourth quarter. CrowdStrike reported earnings per share of 13 cents on revenue of $264.9 million. Analysts surveyed by Refinitiv predicted earnings per share of 8 cents on revenue of $250.4 million.
Lennar – The homebuilder’s shares rose 1% after Lennar released the results for its fiscal first-quarter. The company posted a revenue of $5.33 billion. Analysts polled by Refinitiv expected revenue of $5.13 billion. Lennar also reported an adjusted profit of $2.04 per share, but it was unclear if it was comparable to a forecast of $1.71 per share.
Eastman Kodak – Kodak shares slid 6% after the company reported results for 2020. The photography company posted a net loss of $541 million for the year on revenue of $1.24 billion. In the prior year, Kodak netted an income of $116 million on revenue of $1.24 billion.
Plug Power – Shares of the hydrogen fuel-cell system developer dropped 9% after the company said it will restate financial statements for fiscal 2018 and 2019, along with quarterly filings from 2019 and 2020, due to accounting errors.
Source link
This article originally appeared on www.cnbc.com
