Market Insider

In this article

The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California.
Mike Blake | Reuters

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

Twitter — Shares of the social media giant fell 9.4% after the company’s first-quarter results revealed a miss on user-growth expectations. Twitter reported 199 million monetizable daily users, and analysts polled by FactSet expected 200 million.

Amazon — The e-commerce titan’s stock rose 3.3% after the company released first-quarter results that easily surpassed analyst expectations. Amazon posted earnings per share of $15.79 on revenue of $108.52 billion. Analysts polled by Refinitiv predicted earnings per share of $9.54 on revenue of $104.47 billion. Amazon’s cloud-computing division also saw revenue grow by 32% on a year-over-year basis.

Gilead Sciences — Gilead shares fell 2.7% after the biotech company reported disappointing first-quarter results. The company posted a profit of $2.08 per share on revenue of $6.42 billion. Analysts surveyed by Refinitiv expected earnings per share of $2.09 on revenue of $6.75 billion.

Western Digital — The computer company’s stock popped 5.4% after the company released fiscal third-quarter results that topped analyst predictions. The company posted earnings per share of $1.02 on revenue of $4.14 billion. Analysts polled by Refinitiv predicted earnings per share of 68 cents on revenue of $3.97 billion.

Skyworks Solutions — Skyworks shares stock dipped 6.8% even after the chipmaker posted better-than-expected results for its second quarter. The company logged earnings per share of $2.37 on revenue of $1.17 billion. Analysts surveyed by Refinitiv expected earnings per share of $2.35 on revenue of $1.15 billion.

U.S. Steel — Shares of the steel producer slid 2.1% after the company posted mixed results for the first quarter. The company reported earnings per share of $1.08, topping a Refinitiv estimate of 91 cents per share. However, U.S. Steel’s revenue of $3.66 billion was slightly below a forecast of $3.68 billion.

Cirrus Logic — The semiconductor company’s stock plunged 11.4% on the back of disappointing fiscal fourth-quarter numbers. Cirrus posted earnings per share of 66 cents on revenue of $293.5 million. Analysts surveyed by Refinitiv expected earnings per share of 71 cents on revenue of $302.5 million.

Articles You May Like

Don’t Chase After the Latest Surge in Nio Stock
Stocks making the biggest moves midday: Nike, Las Vegas Sands, Boston Beer and more
Redbox Stock Is Much More Than the Meme Stock Du Jour
SPACs wipe out half of their value as investors lose appetite for risky growth stocks
7 Cheap Retirement Stocks to Buy Right Now