The logo of Coinbase Global Inc, the largest cryptocurrency exchange in the US, is displayed on the Nasdaq MarketSite jumbotron and others in Times Square in New York, the US, April 14, 2021.
Shannon Stapleton | Reuters
Take a look at the companies making headlines after the bell:
base of coins — Shares sank 11.5% in extended trading after Coinbase reported Q1 revenue below expectations. Coinbase posted revenue of $1.17 billion versus Refinitiv’s consensus estimate of $1.48 billion. The company said lower crypto asset prices and market volatility weighed on first-quarter results.
electronic arts — Shares rose 2.2% after business hours despite Electronic Arts narrowly missing Wall Street earnings estimates. The video game company reported quarterly revenue of $1.75 billion, while analysts surveyed by Refinitiv expected revenue of $1.77 billion on average.
Roblox — Shares fell 6.9% in extended trading after the video game company missed analyst projections on both the top and bottom results. Roblox reported a first quarter loss of 27 cents per share on revenue of $631 million. Analysts had expected a loss of 21 cents a share on revenue of $645 million, according to Refinitiv.
drive software — Shares plunged 31.6% in extended trading after the video game software company posted earnings below expectations. Unity Software reported $320 million in revenue in the first quarter, while analysts surveyed by Refinitiv expected $322 million.
Wynn Resorts — Shares of hotel and casino operators fell marginally after hours after a weaker-than-expected quarterly report. Wynn posted an adjusted loss of $1.21 per share, while analysts had expected $1.15, according to Refinitiv. Revenue came in at $953 million versus the consensus estimate of $986 million.
sofi — Shares rose 1% after hours after a 12% drop in the regular trading session, after SoFi accidentally released quarterly results early. SoFi posted better-than-expected numbers on the top and bottom lines, but issued weaker-than-expected forward guidance.
Western Petroleum — The stock fell 1% despite a better-than-expected quarterly report. Occidental reported first-quarter earnings of $2.12 per share on revenue of $8.53 billion. Analysts had expected a profit of $2.03 per share on revenue of $8.08 billion, according to Refinitiv.