Check out the companies making headlines in extended trading: CNH Industrial — Shares rose nearly 8% after Greenlight Capital's David Einhorn at CNBC's Delivery Alpha conference told attendees that he had taken a mid-cap position in the farm equipment company. Cisco Systems – Shares fell less than 1% even after Cisco Systems posted a beat on top and bottom lines in its fiscal first quarter. The San Jose, California-based technology company reported adjusted earnings of 91 cents per share on revenue of $13.84 billion. Analysts surveyed by LSEG expected earnings of 87 cents per share on revenue of $13.77 billion. IBOTA – Shares fell nearly 17% even after a third-quarter beat on the top and bottom lines. The cash back rewards platform reported third-quarter earnings of 51 cents per share on revenue of $98.6 million. Analysts surveyed by LSEG expected earnings of 35 cents per share on revenue of $94.1 million. Beazer Homes USA – Shares rose nearly 12% after the Atlanta-based homebuilder reported October sales that rose more than 30% from a year earlier, reflecting a “growing community,” the company said. Beazer Homes USA reported its fourth-quarter financial results, with earnings of $1.69 per share on revenue of $806 million, results that were not comparable to Street estimates due to weak coverage of the stock. Sonos – Shares fell less than 1% after the audio equipment maker reported fourth-quarter results. Sonos reported a loss of 44 cents per share on revenue of $255.4 million. Results were not comparable due to thin coverage.
Trending
- What did Marco Rubio say about China, Iran, Israel and Ukraine?
- Disney (DIS) Q4 2024 earnings
- X competitor Bluesky gains 1.25 million users after US elections
- Stocks making the biggest moves after hours: IBTA, CSCO, CNH
- Beverly Hills surgeon sues Medtronic for patent infringement
- Home building deal activity is on the rise, supported by major Japanese buyers
- Republicans elect John Thune as Senate Majority Leader
- Consumer Price Index Inflation October 2024: