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After-hours buzz: TWLO, GPS, RAX & more

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Chris Hondros | Getty Images

Check out the companies making headlines after the bell on Monday:

Shares of LendingClub dropped nearly 4 percent in extended trading after the online credit marketplace posted a wider-than-expected loss but beat revenue estimates.

LendingClub reported a second-quarter loss of 9 cents per share on revenue of $102 million, compared to analysts' expectations of a loss of 2 cents per share on revenue of 101 million, according to a Thomson Reuters consensus estimate. It also said its Chief Financial Officer Carrie Dolan would step down.

The company also gave weak third-quarter revenue guidance of $95 million and $105 million, compared to analysts' estimates of $106 million.

Shares of Twilio fell more than 1 percent in after-hours trading after the communications software service provider posted better-than-expected results.

Twilio reported a second-quarter loss of 8 cents per share on revenue of $64.5 million, compared to analysts' expectations of a loss of 14 cents per share on revenue of $58 million, according to a Thomson Reuters consensus estimate.

The company's third-quarter revenue guidance ranging between $63 million and $65 million was slightly above estimates.

Share of Gap fell about 5 percent in extended trading following the company's release of its second-quarter sales results. Gap reported net sales of $3.85 billion compared with $3.9 billion in the prior year period.

Gap also reported a 4 percent decrease in comparable sales for July 2016, compared to a 3 percent decrease reported in the prior-year period. Banana Republic and Old Navy underperformed compared to the prior year, while Gap improved but still saw sales slide.

Shares of DaVita HealthCare Partners fell about 4 percent in extended trading even though the company beat second-quarter revenue and earnings estimates.

DaVita reported earnings of $1.01 per share on revenue of $3.72 billion, compared to analysts' estimates of 98 cents per share on revenue of $3.67 billion, according to a Thomson Reuters consensus estimate.

The company lowered its operating income guidance to a range of $110 million to $150 million, compared to its prior guidance of $175 million to $225 million.

Shares of Rackspace slid more than 1 percent after the company beat earnings estimates and missed on revenue.

Rackspace reported second-quarter earnings of 28 cents per share on revenue of $518 million, compared analysts' expectations of 22 cents per share on revenue of $521 million, according to a Thomson Reuters consensus estimate.