Check out the companies making headlines after the bell : Arm Holdings — The semiconductor company reversed earlier gains and tumbled 7% on underwhelming guidance. Arm called for first quarter earnings of 40 cents per share, plus or minus 4 cents, on revenue of $1.26 billion, plus or minus $50 million. That compares to the FactSet estimate of 37 cents per share on revenue of $1.25 billion. Arm also said that its mobile market unit growth will be flat or slightly negative in fiscal year 2027. DoorDash — Shares popped 12% after the food delivery giant issued rosy guidance for orders in the second quarter. DoorDash sees marketplace gross order value ranging from $32.4 billion to $33.4 billion, while analysts sought $32.43 billion. First-quarter earnings of 42 cents per share beat the 36 cents a share analysts polled by LSEG were expecting. Zillow Group — The real estate marketplace fell 6% after posting first-quarter residential revenue of $450 million, below StreetAccount’s $454.2 million estimate. However, the company posted an overall beat on both the top and bottom lines for the quarter. Fortinet — The cybersecurity stock climbed 17%. Fortinet lifted its full-year billings guidance, calling for a range of $8.8 billion to $9.1 billion, versus its earlier forecast for $8.4 billion to $8.6 billion. Earnings and revenue guidance for the full year beat the LSEG consensus estimate. Flutter Entertainment — Shares added nearly 3% after the sports betting and gambling company posted first-quarter adjusted earnings of $1.22 per share, beating the $1.20 analysts had expected, per LSEG. Its $4.30 billion revenue also exceeded the $4.29 billion consensus forecast. Coherent — The photonics stock slipped 8%. Coherent shared fourth-quarter guidance on adjusted gross margin that encompassed analysts’ forecasts, per FactSet. Third-quarter adjusted earnings came in at $1.41 per share, narrowly beating the $1.40 per share consensus estimate. IonQ — Shares slid more than 6%. The quantum computing company said that adjusted losses before interest, taxes, depreciation and amortization came in at $96.8 million in the first quarter. That’s wider than the loss of $80.4 million analysts polled by FactSet had sought. Snap — The social media platform’s shares dropped 7%. Snap shared cautious sales guidance for the second quarter, calling for a range of $1.52 billion to $1.55 billion. The midpoint of the range is about in line with analysts’ estimates of $1.54 billion. Snap also said that it no longer has a deal with Perplexity, a generative artificial intelligence startup. Whirlpool — The manufacturer of household appliances lost 16% after it slashed guidance for the full year. Whirlpool now sees adjusted earnings ranging from $3 to $3.50 per share on revenue of roughly $15 billion. Previously, the company guided for $6 per share and $15.3 billion to $15.6 billion. Fastly — The cloud platform provider tanked 25% as its guidance appeared to disappoint Wall Street. Fastly sees second-quarter earnings ranging from 5 cents to 8 cents per share, versus the LSEG consensus call for 4 cents. Revenue is expected to range from $170 million to $176 million, versus the $170 million sought by analysts. Separately, first-quarter results beat estimates on the top and bottom lines. Albemarle — The specialty chemical producer saw shares jump almost 4%. Adjusted earnings in the first quarter trounced the Street’s forecast, landing at $2.95 per share versus the $1.19 per share analysts sought, per FactSet. Revenue also beat expectations, coming in at $1.43 billion compared to estimates for $1.34 billion. Adjusted EBITDA also surpassed estimates, weighing in at $663.8 million, versus $443.7 million. Akamai Technologies — The cybersecurity and cloud computing company lost almost 7%. Akamai is expected to report on Thursday after the close. Shares have been on a hot streak leading up to the earnings release, rising for a sixth straight session on Wednesday and touching a new 52-week high. — CNBC’s Alex Harring contributed reporting.
Stocks making the biggest moves after hours: DASH, Z, ARM, FTNT
