After-hours stock movers: Amazon, CrowdStrike, Asana and others
Check out the companies making headlines after the bell:
After announcing a 20-for-1 stock split and $10 billion buyback, the e-commerce giant's shares increased by 6.8% in the postmarket.
On Wednesday, shares surged over 13% in extended trading following the company's announcement of a beat on both the top and bottom lines, as well as strong guidance for the 2023 fiscal year. In the fourth quarter, the company reported earnings of 30 cents per share ex-items on revenues of $431 million, exceeding analysts' expectations of 20 cents per share on revenues of $411 million.
Despite a better-than-expected earnings report, Asana's shares sank 16.9% after-hours. The work management software company posted a loss of 25 cents per share on revenue of $111.9 million. Analysts expected a loss of 28 cents per share, excluding items, on revenue of $105.2 million, according to Refinitiv. However, Asana guided to a weaker-than-expected first-quarter loss than expected.
Marqeta's payment card issuing platform experienced a 17.5% increase in shares after its latest quarterly revenue surpassed Wall Street expectations. The company generated $155.4 million in revenue, exceeding the $137.7 million Refinitiv consensus estimate. Additionally, Marqeta forecasted strong first-quarter revenue growth.
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