News and research before you hear it on CNBC and others. Claim your 1-week free trial at StreetInsider Premium here.
Stock Transfers After Hours:
Wolfspeed (NYSE: WOLF) 27% DOWN; reported Q1 EPS of ($0.04), $0.01 better than analyst estimates of ($0.05). Revenue for the quarter came in at $241.3 million compared to the consensus estimate of $239.77 million.
Sleep Number Corporation (NASDAQ: SNBR) 23% DOWN; reported Q3 EPS of $0.22, $0.17 better than analyst estimates of $0.05. Revenue for the quarter came in at $541 million compared to the consensus estimate of $544.98 million. Sleep Number Corporation sees FY2022 EPS of $1.50-$2.00, compared to the consensus of $3.29.
Align Technology (NASDAQ: ALGN) 18% DOWN; reported Q3 EPS of $1.36, $0.82 worse than analyst estimates of $2.18. Revenue for the quarter came in at $890.3 million compared to the consensus estimate of $973.03 million.
Meta Platforms (NASDAQ: META) 17% DOWN; reported Q3 EPS of $1.64, $0.29 worse than analyst estimates of $1.93. Revenue for the quarter came in at $27.71 billion compared to the consensus estimate of $27.57 billion. Meta Platforms sees Q4 2022 revenue of $30-32.5 billion, compared to consensus of $32.3 billion.
FormFactor (NASDAQ: FORM) 16% DOWN; reported Q3 EPS of $0.24, $0.03 better than analyst estimates of $0.21. Revenue for the quarter came in at $180.9 million compared to the consensus estimate of $183.03 million. FormFactor sees Q4 2022 EPS of $0.00-$0.06, compared to the consensus of $0.27. FormFactor sees Q4 2022 revenue of $160-150 million, compared to consensus of $183.7 million.
ServiceNow (NYSE: NOW) 13% HIGHER; reported Q3 EPS of $1.96, $0.11 better than analyst estimates of $1.85. Revenue for the quarter came in at $1.93 billion compared to 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 (NASDAQ: PI) 13% HIGHER; reported Q3 EPS of $0.34, $0.17 better than analyst estimates of $0.17. Revenue for the quarter came in at $68.3 million compared to the consensus estimate of $64.69 million.
Teladoc (NYSE: TDOC) 11% HIGHER; reported Q3 EPS of ($0.45), $0.12 better than analyst estimates of ($0.57). Revenue for the quarter came in at $611.4 million compared to the consensus estimate of $608.76 million. Teladoc sees Q4 2022 EPS of ($0.40)-($0.10), compared to consensus of ($0.26). Teladoc sees Q4 2022 revenue of $625-640 million, compared to consensus of $637.25 million.
LendingClub (NYSE: LC) 9% LOW; reported Q3 EPS of $0.36, $0.04 better than analyst estimates of $0.32. Revenue for the quarter came in at $304.9 million compared to the consensus estimate of $294.82 million.
Netgear, Inc. (NASDAQ: NTGR) 7% DOWN; reported Q3 EPS of $0.21, $0.13 better than analyst estimates of $0.08. Revenue for the quarter came in at $249.6 million compared to the consensus estimate of $244.55 million. Netgear, Inc. sees Q4 2022 revenue of $235-250 million, compared to consensus of $270.56 million.
NVIDIA Corporation (NASDAQ: NVDA) 4% HIGHER; added to higher Meta capex for this year and next.
Marvell Technology, Inc. (NASDAQ: MRVL) 3% HIGHER; added to higher Meta capex for this year and next.
Advanced Micro Devices, Inc. (NASDAQ: AMD) 3% HIGHER; added to 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 analyst estimates of $8.47. Revenue for the quarter came in at $3.8 billion compared to the consensus estimate of $3.71 billion. O’Reilly Automotive sees FY2022 EPS of $32.35-$32.85, compared to the consensus of $31.87. O’Reilly Automotive sees FY2022 revenue of $14.1-14.3 billion, compared to consensus of $14.15 billion.