After-hours movers: Cisco, Reddit, The Trade Desk, Robinhood and more
After-hours movers:
Cisco Systems (NASDAQ: CSCO ) rose 6.2% after delivering strong quarterly results and guidance. Product orders up 29% year over year; up 11% excluding Splunk.
Reddit (RDDT) fell 15% after guidance misses estimates. Daily Active Uniques (“DAUq”) increased 39% year-over-year to 101.7 million, compared to 103.8 million consensus.
The Trade Desk Inc . (NASDAQ: TTD ) fell 26% after revenue missed estimates. Revenue for the quarter came in at $741 million versus the consensus estimate of $759.05 million.
Fastly, Inc. (NYSE: FSLY ) fell 26% after providing a soft full year forecast. Fastly sees FY2025 EPS of ($0.15)-($0.09), versus the consensus of $0.03.
Robinhood (NASDAQ: HOOD ) rose 9% after reporting strong quarterly results. Q4 revenues were up 115% year-over-year to a record $1.01 billion.
Dutch Bros Inc. (NYSE: BROS ) rose 24% after easily beating estimates. Revenue for the quarter came in at $342.8 million versus the consensus estimate of $318.7 million.
MGM Resorts (NYSE: MGM ) rose 8% after publishing solid quarterly results. MGM reported Q4 EPS of $0.45, $0.06 better than the consensus estimate of $0.39. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.28 billion.
AppLovin (NASDAQ: APP ) rose 21% after beating estimates on the top an bottom line. AppLovin reported Q4 EPS of $1.73, $0.48 better than the consensus estimate of $1.25. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.26 billion.