Check out the companies making headlines after the bell:
Shares of Lyft seesawed in extended trading Tuesday, falling as much as 3% before swinging to nearly 3% up, after the company reported a large loss in its first earnings report since going public in March. The company reported an adjusted loss of $9.02 per share on revenue of $776 million. Lyft also reported guidance for its second quarter that came in higher than expected.
Trip Adviser shares dropped more than 6% after the company reported mixed first-quarter earnings. The online travel company reported earnings of 36 cents per share on revenue of $376 million, compared with analyst projections of 31 cents on revenue of $378 million. The company’s hotel and restaurant revenues came in lower than expected.
Papa John’s stock jumped 3% after the pizza retailer reported better-than-expected earnings. The company reported earnings of 31 cents per share on revenue of $398 million, beating Wall Street projections of 24 cents earnings per share on $386 million in revenue.
Shares of Electronic Arts jumped nearly 6% after the video game company announced strong guidance for the 2019 fiscal year. Electronic Arts reported earnings of 69 cents per share on revenue of $1.36 billion.
Shares of Sprint fell nearly 3% after the company reported quarterly revenue that beat estimates. The company reported revenue of $8.44 billion, compared with analyst estimates of $8.21 billion. The company reported a loss of 53 cents per share.
Shares of Match Group jumped more than 6% after the internet dating company reported better-than-expected earnings. Match reported earnings of 42 cents per share, 10 cents higher than expected, and revenue of $465 million, just $1 million higher than expected.
Qorvo’s stock surged nearly 8% after the bell after the radio systems company reported fourth-quarter results that beat estimates on the top and bottom lines. Qorvo reported earnings of $1.22 per share, 17 cents higher than expected, and revenue of $681 million, $10 million higher than expected.
The company also issued first-quarter earnings guidance of $1.30 and revenue guidance of between $780 million and $800 million, topping analyst estimates for both metrics.
