SolarEdge Technologies, Inc. (SEDG) shares are up $2.96 to $30.40 in after-hours trading Wednesday after the company reported 2016 second-quarter earnings results.
The manufacturer of direct current optimized inverter systems reported earnings of $0.44 per share on revenues of $124.83 million, up 70.3% from a year ago. Analysts were expecting EPS of $0.36 on revenues of $119.49 million. SolarEdge guided Q3 revenues of $121-$125 million, as compared to analysts’ expectations of $117.25 million.
GoPro, Inc. (GPRO) reported fourth-quarter/15 EPS loss of $0.08 after the closing bell Wednesday, compared to the consensus estimate of $0.03. Revenues plunged more than 31% year-over-year to $436.6 million vs the $448.56 million consensus. The company guided Q116 revenues of $160-$180 million, as compared to analysts’ expectations of $300.67 million. Stock is currently halted.
Buffalo Wild Wings Inc. (BWLD) dropped $0.64 to $143.00 in after-hours trading after it reported fiscal-fourth quarter earnings.
The restaurant chain handed in earnings of $1.32 per share on revenue of $490.2 million, missing Wall Street estimates of $1.48 per share on revenue of $507.73 million.
For FY16, Buffalo Wild Wings provided EPS guidance of $5.95-$6.20 versus consensus of $6.46 per share.
Glu Mobile, Inc. (GLUU) spiked nearly 24% to $2.45 in extended-hours after reporting Q415 earnings. The developer of games for the smartphones users handed in EPS of $0.02 on revenue of $57.9 million, beating Wall Street estimates of ($0.03) per share on revenue of $50.46 million.
For the current quarter, Glu Mobile provided EPS guidance of ($0.06)-($0.05) versus consensus of ($0.04) per share. The company also issued revenue projection of $46.0-$48.0 million, compared to the consensus revenue estimate of $56.10 million.
Shares of Take-Two Interactive Software Inc. (TTWO) rallied $2.66 to $35.49 after the publisher of “Grand Theft Auto” and other video games reported 2016 third-quarter earnings of $486.8 million, or $0.89 per share. Analysts had been modeling $452.79 million and $0.50 per share.
For the current quarter ending in March, the company guided Q4 revenues of $260-$310 million, as compared to analysts’ expectations of $241.97 million. The management also gave its bottom line range of $0.15-$0.25 per share, against projections of $0.08 per share.
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