After-hours buzz: LinkedIn, Yelp, Gilead & more
Check out which companies are making headlines after the bell Tuesday:
LinkedIn - The social-networking company posted earnings of 39 cents a share, excluding one-time items, on revenue of $393 million, topping expectations for 32 cents a share on sales of $385 million. But the company handed in current-quarter guidance and full-year outlook that disappointed analysts, sending shares sharply lower in extended-hours trading.
Yelp - The consumer review website posted a loss of 4 cents a share, missing expectations for a loss of a penny a share. Revenue was slightly above expectations at $61 million. Shares tumbled in extended-hours trading.
Gilead Sciences - The pharmaceutical giant reported earnings of 52 cents a share on sales of $2.78 billion, above estimates for 48 cents a share on revenue of $2.72 billion. In addition, the company raised its full-year guidance on product sales. Shares ticked higher in extended-hours trading.
IAC/Interactive - The parent company of Ask.com and OkCupid posted earnings of $1.29 a share on sales of $757 million, versus expectations for 95 cents a share on revenue of $804 million. Shares slumped in extended-hours trading.
Electronic Arts - The video game publisher reported earnings of 33 cents a share on revenue of $1.04 billion, beating expectations for 12 cents a share on sales of $976 million. But the company issued a lighter-than-expected current-quarter guidance. Shares rose in volatile after-hours trading.
Take-Two Interactive - The video game software publisher posted earnings of $2.49 a share, ex-items, on sales of $1.27 billion, exceeding forecasts for $1.71 a share on revenue of $955 million. In addition, the company handed in current-quarter and full-year earnings guidance that beat estimates. Shares spiked higher in extended-hours trading after being temporarily halted.
Western Union - The financial services company posted earnings of 39 cents a share on revenue of $1.41 billion, topping projections for 35 cents a share on sales of $1.40 billion. In addition, the company boosted the lower-end of their earnings outlook. Still, shares fell in extended-hours trading.
Buffalo Wild Wings - The restaurant chain reported earnings of 95 cents a share on revenue of $316 million, easily beating estimates for 85 cents a share on sales of $311 million. Shares soared in extended-hours trading.
Dreamworks Animation - The film studio posted a profit of 12 cents a share on revenue of $155 million, exceeding Wall Street forecasts for a break even on sales of $140 million. Shares rallied in extended-hours trading.
Shutterfly - The photo publishing site reported a loss of 24 cents a share, narrower than expectations for a loss of 60 cents a share on revenue of $123 million, topping estimates for $118 million. But the company issued current-quarter guidance that were sharply below expectations, pushing shares lower in extended-hours trading.