After-Hours Stock Movers:
Wolfspeed Inc (NYSE:WOLF) 27% LOWER; reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05).Revenue for the quarter came in at $241.3 million versus the consensus estimate of $239.77 million.
Sleep Number Corporation (NASDAQ:SNBR)23% LOWER; reported Q3 EPS of $0.22, $0.17 better than the analyst estimate of $0.05.Revenue for the quarter came in at $541 million versus the consensus estimate of $544.98 million. Sleep Number Corporation sees FY2022 EPS of $1.50-$2.00, versus the consensus of $3.29.
Align Technology(NASDAQ:ALGN)18% LOWER; reported Q3 EPS of $1.36, $0.82 worse than the analyst estimate of $2.18.Revenue for the quarter came in at $890.3 million versus the consensus estimate of $973.03 million.
Meta Platforms Inc (NASDAQ:META) 17% LOWER; reported Q3 EPS of $1.64, $0.29 worse than the analyst estimate of $1.93.Revenue for the quarter came in at $27.71 billion versus the consensus estimate of $27.57 billion. Meta Platforms sees Q4 2022 revenue of $30-32.5 billion, versus the consensus of $32.3 billion.
FormFactorInc (NASDAQ:FORM) 16% LOWER; reported Q3 EPS of $0.24, $0.03 better than the analyst estimate of $0.21.Revenue for the quarter came in at $180.9 million versus the consensus estimate of $183.03 million. FormFactor sees Q4 2022 EPS of $0.00-$0.06, versus the consensus of $0.27. FormFactor sees Q4 2022 revenue of $160-150 million, versus the consensus of $183.7 million.
ServiceNow (NYSE:NOW)13% HIGHER; reported Q3 EPS of $1.96, $0.11 better than the analyst estimate of $1.85.Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.85 billion. For the full 2022-year, the company expects subscription revenues to be in the range of $6.865 - $6.870 billion.
Impinj (PI)13% HIGHER; reported Q3 EPS of $0.34, $0.17 better than the analyst estimate of $0.17. Revenue for the quarter came in at $68.3 million versus the consensus estimate of $64.69 million.
Teladoc (NYSE:TDOC)11% HIGHER; reported Q3 EPS of ($0.45), $0.12 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $611.4 million versus the consensus estimate of $608.76 million. Teladoc sees Q4 2022 EPS of ($0.40)-($0.10), versus the consensus of ($0.26). Teladoc sees Q4 2022 revenue of $625-640 million, versus the consensus of $637.25 million.
LendingClub (NYSE:LC)9% LOWER; reported Q3 EPS of $0.36, $0.04 better than the analyst estimate of $0.32.Revenue for the quarter came in at $304.9 million versus the consensus estimate of $294.82 million.
Netgear, Inc. (NASDAQ:NTGR)7% LOWER; reported Q3 EPS of $0.21, $0.13 better than the analyst estimate of $0.08.Revenue for the quarter came in at $249.6 million versus the consensus estimate of $244.55 million. Netgear, Inc. sees Q4 2022 revenue of $235-250 million, versus the consensus of $270.56 million.
NVIDIA Corporation (NASDAQ:NVDA)4% HIGHER; gains on higher Meta capex for this year and next.
Marvell Technology, Inc. (NASDAQ:MRVL)3% HIGHER; gains on higher Meta capex for this year and next.
Advanced Micro Devices, Inc. (NASDAQ:AMD)3% HIGHER; gains on higher Meta capex for this year and next.
O'Reilly Automotive (NASDAQ:ORLY)3% HIGHER; reported Q3 EPS of $9.17, $0.70 better than the analyst estimate of $8.47.Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.71 billion. O'Reilly Automotive sees FY2022 EPS of $32.35-$32.85, versus the consensus of $31.87. O'Reilly Automotive sees FY2022 revenue of $14.1-14.3 billion, versus the consensus of $14.15 billion.