Check out the companies making headlines after the bell : GameStop — The video game retailer and meme-stock favorite jumped 7% in extended trading. GameStop is considering investing in bitcoin and other cryptocurrencies, sources familiar told CNBC. The company is still figuring out whether the move would make sense for GameStop’s business, a source said. Roku — The streaming service provider surged 10% after posting a fourth-quarter loss of 24 cents per share, which was narrower than the 40 cents analysts polled by LSEG had expected. Roku’s $1.20 billion revenue exceeded the anticipated $1.15 billion. The company also guided for first-quarter revenue that was in line with expectations. Airbnb — Shares soared 12%. The vacation rentals company earned 73 cents per share on $2.48 billion in revenue in its fourth quarter . Analysts had penciled in earnings of 58 cents and revenue of $2.42 billion, according to LSEG. Coinbase — Shares of the cryptocurrency marketplace rose nearly 1% after fourth-quarter earnings outpaced expectations. A postelection rally in cryptocurrencies helped drive big trading gains for Coinbase. The company said it earned $4.68 per share, far above estimates of $1.81 per share, reported by LSEG. Revenue of $2.27 billion topped expectations that called for $1.88 billion. Applied Materials — The semiconductor manufacturer shed 5% after guiding for fiscal second-quarter revenue of $7.1 billion, while analysts polled by LSEG had expected $7.21 billion. However, Applied Materials beat estimates on both the top and bottom lines for its last quarter. Yelp — The restaurant review platform rose more than 4%. Fourth-quarter earnings came in at 62 cents per share, topping FactSet consensus estimates of 53 cents per share. Revenue also surpassed estimates, arriving at $362.0 million, while analysts sought $350.2 million. Twilio — The cloud communications company slid 7% after first-quarter forecasts underwhelmed Wall Street. Twilio sees adjusted earnings ranging between 88 cents and 93 cents per share, while analysts polled by LSEG sought 99 cents a share. Revenue is expected to range from $1.13 billion to $1.14 billion, versus analysts’ call for $1.14 billion. Palo Alto Networks — Shares slipped 3% despite the cybersecurity firm posting a fiscal second-quarter earnings and revenue beat. Palo Alto also guided for current-quarter earnings and revenue ranges that encompassed the Street’s estimates. GoDaddy — The web hosting company lost more than 3% after fourth-quarter earnings fell short of analysts’ forecasts. GoDaddy posted $1.36 per share in earnings, while analysts polled by LSEG called for $1.43 per share. The revenue outlook for the first quarter ranged from $1.175 billion to $1.195 billion, while analysts sought $1.186 billion. DaVita — Shares slid 10%. The provider of kidney dialysis services guided for full-year earnings of between $10.20 to $11.30 per share, lower than the $11.38 analysts polled by FactSet had expected. However, Davita beat analysts’ fourth-quarter estimates on both the top and bottom lines. Dexcom — The medical device company added 2%. Fourth-quarter revenue came in at $1.11 billion, matching analysts’ expectations, per FactSet. Dexcom reaffirmed its guidance for full-year revenue at $4.60 billion, while analysts polled by FactSet called for $4.61 billion. DraftKings — Shares of the sports betting app provider jumped more than 6%. DraftKings lifted the lower end of its full-year revenue guidance to $6.3 billion to $6.6 billion, bringing its midpoint to $6.45 billion. Analysts polled by LSEG were looking for $6.39 billion. Separately, fourth-quarter results missed the Street’s estimates. Leggett & Platt — Shares added 2% after the bedding manufacturer reported it had earned an adjusted 21 cents per share in its fourth quarter, exceeding the 20 cents analysts had expected, per FactSet. Leggett’s $1.10 billion revenue also beat the expected $1.03 billion. Informatica — The cloud data management tanked 28% on a bleak outlook for the current quarter. Informatica sees first-quarter revenues ranging from $380 million to $400 million, while analysts polled by LSEG anticipated $412 million. Full-year revenue guidance also missed the mark, with the company calling for $1.67 billion to $1.72 billion, versus the Street’s forecast for $1.78 billion. — CNBC’s Christina Cheddar-Berk and Darla Mercado contributed reporting.
Stocks making the biggest moves after hours: GME, COIN, ABNB, INFA