Akamai Technologies IncGained 12% on better-than-expected revenue
Several companies made significant after-hours moves following their quarterly earnings reports. Airbnb surged about 7% after posting second-quarter earnings of $1.37 per share on revenues of $3.61 billion, beating analyst forecasts of $1.25 per share and $3.58 billion. Twilio jumped roughly 16% on strong current-quarter guidance, projecting adjusted earnings of $1.42 to $1.47 per share on revenue of $1.51 billion to $1.52 billion, above consensus estimates. Trade Desk tumbled 22% after its adjusted earnings of 34 cents per share and revenue of $715 million missed expectations of 40 cents and $751 million. Sweetgreen plunged 14% as its second-quarter loss of 22 cents per share on $193 million in revenue fell short of the anticipated loss of 15 cents on $195 million. DraftKings slipped over 1.5% after revenue of $1.44 billion missed the $1.51 billion estimate, though it reaffirmed its 2026 fiscal-year guidance. Cloudflare rallied 17% on upbeat guidance, while Akamai Technologies gained 12% and Instacart rose more than 8% on better-than-expected revenue. Dropbox fell nearly 6% after its non-GAAP gross margin of 81.6% narrowly missed the 81.7% consensus.
Akamai Technologies IncGained 12% on better-than-expected revenue
Maplebear Inc.Rose more than 8% on better-than-expected revenue
Dropbox IncNon-GAAP gross margin narrowly missed consensus
Cloudflare IncCloudflare rallied 17% on upbeat guidance.
Twilio IncTwilio jumped 16% on strong current-quarter guidance.
Airbnb IncBeat Q2 earnings estimates
DraftKings IncRevenue missed estimates
Sweetgreen IncSweetgreen plunged 14% after missing Q2 loss and revenue estimates.
Trade Desk IncTrade Desk tumbled 22% after missing earnings and revenue expectations.
LYFT Inc
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