Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Farfetch, NVIDIA, Application Materials, etc.

Farfetch, NVIDIA, Application Materials, etc.

Farfetch Online Fashion House CEO Jose Neves and members of the company's leadership team ring the opening bell to celebrate their IPO at the New York Stock Exchange in New York, September 21, 2018

Brendan McDermid | Reuters

See companies making headlines after the bell :

Farfetch shares jumped 20% during extended trading after the company reported third-quarter earnings and raised its fourth-quarter EBITDA forecasts. The luxury e-commerce platform reported an adjusted loss of 1

8 cents per share with revenue of $ 255.48 million. Farfetch also raised its adjusted EBITDA forecast to a loss of between $ 21 million and $ 31 million over the next quarter. The company's shares were down about 57% from the previous year, reaching a new YTD low during Thursday's midday trading.

NVIDIA shares climbed nearly 2% before settling just below the closing price after chip maker reported third-quarter earnings beat the top and bottom lines. The company reported earnings of $ 1.78 per share on revenue of $ 3.01 billion, while Wall Street expected profits of $ 1.57 per share and $ 2.91 billion in revenue, according to consensus estimates from Refinitiv.

NVIDIA also gave soft guidance for the fourth quarter, expecting revenue of $ 2.95 billion, plus or minus 2%. This implies a nearly 34% increase, but does not include the impact of the company's upcoming acquisition of Mellanox.

Shares of applied materials jumped nearly 5% after the chip maker reported fourth-quarter earnings, beating strong first-quarter earnings and earnings guidance. The company reported earnings of 80 cents per share on revenue of $ 3.75 billion, exceeding earnings of 76 cents per share and analysts 'expected analysts' expectations of $ 3.68 billion, according to Refinitiv.

Over the next quarter, the company expects net sales of $ 4.10 billion, plus or minus $ 150 million, with adjusted diluted earnings of approximately 87 cents to 95 cents per share.

RH Shares, formerly known as Recovery Hardware, jumped 7% after Warren Buffett's disclosure of Warren Buffett's Berkshire Quarterly SEC, delivering approximately $ 210 million in company share. Occidental Petroleum's shares rose nearly 2% after the Omaha Oracle revealed its $ 332 million stake in the gas company. Occidental shares were down about 38% from YTD and reached a new low YTD during Thursday's trading hours.

Aurora Cannabis shares gained 8% after the bell after missing the company's first quarter earnings. The Canada-based company reported total net revenues of CAD $ 70.8 million ($ 53.44 million), less than analysts expected for revenue of CAD $ 93.5 million ($ 70.63 million), according to Refinitive. The company reported a gain of 1 Canadian per share (0.75% in the US), which is not comparable to analysts' estimates.

Source link