Stitch Fix app for smartphone download from the Apple App Store.
Tiffany Hagler-Giard | Bloomberg | Getty Images
Check out the companies that make the headlines after the call.
CrowdStrike — Shares of the global cybersecurity company rose 6% after fourth-quarter earnings and revenue beat Wall Street estimates. CrowdStrike posted adjusted earnings per share of 47 cents, beating analysts’ estimates of 43 cents, according to Refinitiv. The company’s revenue also beat expectations, coming in at $637 million, compared to the $625 million expected by analysts. CrowdStrike also provided strong earnings and revenue guidance for the current quarter and full year.
Repair of seams — Shares of the online personalized styling service fell 5.4% after a disappointing earnings report. The company reported a loss of 58 cents per share, beating analysts’ estimates of 34 cents, according to Refinitiv. Stitch Fix’s revenue of $412 million also fell short of analysts’ consensus estimate of $414 million.
Cricut — Shares of the smart cutting machine company rose about 1.7% after fourth-quarter earnings beat analysts’ expectations. According to FactSet, Cricut earned $280.8 million, above the consensus estimate of $261 million. The company reported earnings per share of 5 cents, one cent below Wall Street estimates. Cricut reported an increase in users and paid subscribers compared to a year ago.
Maxeon Solar Technologies — Shares of the Singapore solar panel company rose 8%. While it reported a loss per share that was bigger than analysts polled by FactSet expected, it reported revenue of $323.5 million, which beat analysts’ estimates of $315.7 million.
