A person passes by a GameStop location on sixth Avenue in Latest York, March 23, 2021.
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Take a look at the businesses making headlines in prolonged trading.
GameStop — The video game retailer surged 5% after posting a rise in sales for its latest quarter. GameStop reported revenue of $1.164 billion within the second quarter, up from $1.136 billion within the year-ago period.
American Eagle Outfitters — Stock within the clothing retailer slipped 2.6% after American Eagle reported second-quarter results. Revenue got here in at $1.2 billion, meeting Wall Street estimates, in keeping with LSEG, formerly often known as Refinitiv. American Eagle’s earnings beat expectations, coming in at 25 cents per share, while analysts called for 16 cents per share.
C3.ai — Shares slipped as much as nearly 6% in prolonged trading after C3.ai forecast a larger-than-expected operating loss for the fiscal second quarter. The corporate is asking for an operating lack of $27 million to $40 million, while analysts polled by StreetAccount anticipated a lack of $20.5 million. For the newest quarter, C3.ai posted a lack of 9 cents per share, excluding items, on revenue of $72.4 million, while analysts called for a lack of 17 cents per share on revenue of $71.6 million, in keeping with LSEG.
ChargePoint Holdings — ChargePoint stock slipped 10% after the corporate reported a fiscal second-quarter revenue miss. The electrical vehicle charging infrastructure company noted $150 million in revenue while analysts polled by LSEG forecast $153 million. ChargePoint also said it could cut its global workforce by about 10%.
Verint Systems — The analytics company shed 13% in prolonged trading after missing on earnings and revenue in its second quarter. Verint posted adjusted earnings of 48 cents per share, while analysts polled by FactSet forecast 57 cents per share. Revenue got here in at $210.2 million, falling wanting the estimated $57.4 million.
Dutch Bros — The drive-through coffee chain lost greater than 5% in after-hours trading after announcing a public offering of $300 million in shares of its Class A typical stock.
— CNBC’s Ethan Kraft and Darla Mercado contributed reporting.