COHR, APP, EXPE & more
Check out the companies making the biggest moves after the bell: Qualcomm — The chipmaker fell almost 6% despite reporting a slight earnings beat in its fiscal fourth-quarter financial report . Further, Qualcomm sees adjusted earnings of $2.15 to $2.35 per share in the current quarter, while analysts sought $2.26 per share, per FactSet. AppLovin — The AI stock surged more than 20% after the software company known for mobile game advertising posted third-quarter results that topped estimates. AppLovin posted adjusted EBITDA of $1.84 billion, greater than the $1.73 billion consensus estimate, according to FactSet. Revenue of $2.18 billion exceeded the forecast $2.07 billion. Expedia — Shares tumbled more than 7% after it delivered mostly weaker-than-expected guidance for the current quarter. The online booking company forecasts revenue between $3.69 billion and $3.75 billion in the fourth quarter, but analysts polled by FactSet on average expected $3.74 billion. The company, however, beat estimates for both earnings and revenue in the third quarter. Coherent — The optical materials company gained 7% after reporting adjusted earnings of $2.09 per share, compared to analysts polled by FactSet’s estimates for $1.99 per share. Revenue also came in above estimates, as did guidance for the current quarter. Zillow — Shares sank more than 16% after the company missed on key metrics in its third-quarter earnings report. Adjusted earnings came in at 55 cents per share, compared to analysts polled by LSEG’s estimates for 59 cents. Revenue also was weaker than expected, at $724 million compared to expectations for $754 million. Klaviyo – The maker of the customer relationship management platform slid about 5% even as the company reported third-quarter results that beat estimates. Klaviyo posted adjusted earnings of 22 cents per share on revenue of $387.2 million. The FactSet consensus called for 17 cents per share and $380 million. Klaviyo also lifted its full-year revenue guidance. MercadoLibre – The e-commerce platform slid about 7% after third-quarter earnings missed expectations. MercadoLibre earned $8.83 per share, compared to the FactSet consensus estimate of $9.27 a share. Revenue of $10.75 billion beat the estimate for $10.69 billion, however. Arm Holdings — Shares dipped almost 2% despite the designer of central processing units delivering a strong earnings report. The UK-based company reported adjusted earnings of 52 cents per share, compared to analysts polled by LSEG’s consensus estimates for 47 cents Cava — Shares fell more than 11% after it reported third-quarter 2026 financial results , missing Wall Street expectations. Earnings came in at 11 cents a share, versus the LSEG consensus estimate for 12 cents. Cava posted revenue of $356 million, while analysts expected the number to be $359 million. Wolfspeed – The semiconductor manufacturer dropped 5% after posting a wider-than-expected loss in the fiscal first quarter. Wolfspeed’s adjusted loss of $2.03 per share came in worse than the FactSet consensus estimate for a $1.99 per share loss. Figma — The software stock dropped almost 7% even after the cloud-based design platform posted third-quarter results that blew away expectations. Figma posted adjusted earnings of 10 cents a share on revenue of $391 million, while the LSEG consensus called for 5 cents a share and $376 million. HubSpot – Shares fell more than 8% after the company’s fourth-quarter earnings and revenue guidance came up short of expectations. HubSpot expects to earn between $3.85 and $3.87 per share on revenue of $945 million to $947 million. Analysts polled by FactSet were looking for $4.09 in earnings per share and $964.9 million in revenue. However, the company’s third-quarter earnings and revenue beat expectations. e.l.f. Beauty – Shares of the cosmetics company gained more than 4%. Fiscal second quarter results surpassed estimates, with e.l.f. posting adjusted earnings of $1.21 per share and revenue of $521 million. Analysts polled by LSEG sought 60 cents per share and $470 million. Snap – Shares of the social media company tumbled 7%. Third-quarter revenue of $1.72 billion narrowly missed the LSEG consensus estimate of $1.73 billion. Global daily active users also fell short of expectations, coming in at 495 million versus the StreetAccount consensus of 499 million. Dutch Bros — The coffee chain sank 19% after it cut its full-year adjusted EBITDA guidance to at least $380 million from a previous range of $385 million to $390 million. Same-store sales in the third quarter also came in weaker than expected at 4.4%, versus the StreetAccount consensus estimate of 4.6%. Fastly – The edge cloud platform saw shares plummet 16%, even as earnings and revenue in the third quarter topped estimates, as did guidance for the current quarter. The company announced Scott Lovett, president of Go To Market, will be retiring in 2027. — CNBC’s Sarah Min, Sean Conlon, Ananya Chetia and Deena Zaidi contributed reporting
