Check out the companies making headlines in premarket trading. Taiwan Semiconductor — Stock in the chipmaker rose about 1% before the opening bell after the company reported strong July revenue, which showed an increase of nearly 45% year-over-year, according to a StreetAccount report. The Trade Desk — Shares gained nearly 4% after the ad-buying company beat analyst second-quarter estimates and raised its third-quarter outlook. The company now expects revenue of at least $618 million, while analysts polled by LSEG forecast $604.7 million. Expedia — Stock in the online booking company added about 8% following a second-quarter beat on the top and bottom lines. Expedia reported an adjusted profit of $3.51 per share on revenue of $3.56 billion, while analysts polled by LSEG predicted it would earn $3.06 per share on revenue of $3.53 billion. The company cautioned that macroeconomic factors weighed on travel demand in July. Take-Two Interactive — Shares rose nearly 7% as the video game company sees strong growth ahead. Although revenue fell short of estimates net bookings rose to $1.22 billion, and the company sees second-quarter bookings of $1.42 billion to $1.47 billion. Akamai Technologies — Shares of the cloud company climbed 5% after Akamai raised its full-year outlook and second-quarter results came in better-than-expected. Akamai reported adjusted earnings of $1.58 per share and $980 million in revenue, while analysts surveyed by LSEG forecast $1.53 and $977 million, respectively. For the full-year, Akamai expects to earn $6.34 to $6.47 per share, excluding items, compared with a previous forecast of $6.20 to $6.40 per share. Insulet — Stock in the insulin delivery equipment company tumbled 6% despite a second-quarter revenue beat. Insulet notched revenue of $488.5 million, while analysts polled by LSEG forecast $463.5 million. E.l.f. Beauty — Shares of the cosmetics company fell nearly 9% in premarket trading despite better-than-expected fiscal first-quarter results. Elf earned $1.10 in per share after adjustments on $324 million of revenue. Analysts surveyed by LSEG were looking for earnings of 84 cents per share on $305 million of revenue. The company did hike its full-year forecast, but the guidance implied slowing growth, according to a JPMorgan note that was positive on the stock. Dropbox — Shares of the cloud storage company added 3% after second-quarter results surpassed analyst estimates. Dropbox reported earnings of 60 cents per share, excluding items, on revenue of $634.5 million, while analysts polled by LSEG forecast 52 cents and $630.1 million, respectively. Paramount Global — Paramount Global shares gained nearly 5% after the media company topped earnings estimates by 42 cents a share and announced plans to cut 15% of its workforce as it cuts costs ahead of its merger with Skydance Media. Revenue fell short of estimates. Doximity — Stock in the digital health company climbed 30% after first-quarter earnings beat Wall Street estimates. The firm notched 28 cents per share, excluding items, while analysts polled by FactSet forecast 22 cents. Capri — Shares dropped 4% after Capri posted weak fiscal first-quarter results . The fashion company behind Versace and Michael Kors reported adjusted earnings of 4 cents per share on revenue of $1.07 billion. Analysts polled by LSEG anticipated earnings of 59 cents per share on revenue of $1.16 billion. In a statement, CEO John D. Idol said, “Overall, we were disappointed with our first quarter results as performance continued to be impacted by softening demand globally for fashion luxury goods.” Sweetgreen — Shares jumped nearly 24% following the salad chain’s revenue beat postmarket Thursday. Sweetgreen posted second-quarter revenue of $184.6 million, versus the $181 million consensus estimate, per LSEG. It also gave full-year revenue guidance of $670 million to $680 million, versus the $674 million consensus estimate. — CNBC’s Samantha Subin, Jesse Pound, Sarah Min and Michelle Fox contributed reporting
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