Stocks moving big after hours: CRWD, SFIX, CRCT

Stocks moving big after hours: CRWD, SFIX, CRCT
Stocks moving big after hours: CRWD, SFIX, CRCT

The Stitch Fix application for download from the Apple App Store on a smartphone.

Tiffany Hagler Gear | Bloomberg | Getty Images

Check out the companies making headlines after the bell.

CrowdStrike — Shares of the global cybersecurity company rose 6% after its fourth-quarter earnings and revenue beat Wall Street estimates. CrowdStrike posted adjusted earnings per share of 47 cents, according to Refinitiv, beating analysts’ estimates of 43 cents. The company’s revenue also beat expectations, coming in at $637 million compared to $625 million expected by analysts. CrowdStrike also offered strong earnings and revenue guidance for the current quarter and full year.

stitch fix — Shares of the online personalization service provider fell 5.4% after a disappointing earnings report. The company reported a loss per share of 58 cents, according to Refinitiv, which was more than the 34 cents that analysts had estimated. Stitch Fix’s revenue of $412 million also fell below analysts’ consensus estimate of $414 million.

cricut — The smart slicer company’s stock rose nearly 1.7% after fourth-quarter sales beat analysts’ expectations. According to FactSet, Cricut reported revenue of $280.8 million, which is above the consensus estimate of $261 million. The company reported earnings per share of 5 cents, which was a cent below what Wall Street had forecast. Cricut reported an increase in users and paid subscribers over a year ago.

Maxeon Solar Technologies — Shares of the Singapore-based solar panel company rose 8%. While it reported larger losses per share than analysts polled by FactSet were expecting, it reported revenue of $323.5 million, beating analysts’ estimate of $315.7 million.

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2023-03-07 22:13:09