Stocks making the biggest moves after the bell: CrowdStrike, Kodak, Coupa Software & more

CrowdStrike IPO at the Nasdaq alternate June 12, 2019.

Source: Nasdaq

Check out the corporations making headlines after the bell on Tuesday:

Coupa Software – Shares of the software program firm climbed 6% after Coupa reported shock fourth-quarter earnings. Coupa reported earnings per share of 17 cents on income of $163.5 million. Analysts polled by Refinitiv anticipated losses per share of 11 cents on income of $145.7 million.

CrowdStrike – CrowdStrike shares popped 6% after the software program firm posted better-than-expected outcomes for the fourth quarter. CrowdStrike reported earnings per share of 13 cents on income of $264.9 million. Analysts surveyed by Refinitiv predicted earnings per share of eight cents on income of $250.four million.

Lennar – The homebuilder’s shares rose 1% after Lennar launched the outcomes for its fiscal first-quarter. The firm posted a income of $5.33 billion. Analysts polled by Refinitiv anticipated income of $5.13 billion. Lennar additionally reported an adjusted revenue of $2.04 per share, however it was unclear if it was corresponding to a forecast of $1.71 per share.

Eastman Kodak – Kodak shares slid 6% after the firm reported outcomes for 2020. The images firm posted a web lack of $541 million for the yr on income of $1.24 billion. In the prior yr, Kodak netted an earnings of $116 million on income of $1.24 billion.

Plug Power – Shares of the hydrogen fuel-cell system developer dropped 9% after the firm mentioned it’ll restate monetary statements for fiscal 2018 and 2019, together with quarterly filings from 2019 and 2020, attributable to accounting errors.

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Written by Business Boy


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