Check out the businesses making headlines after the bell Wednesday:
Shares of iRobot plummeted greater than 19 p.c after the bell. The client robotic firm reported income that beat Wall Street estimates, however earnings per share fell quick. Outlook additionally seemed grim. Although gross sales of family cleansing robots grew this quarter, family penetration decreased.
Yelp shares fell greater than 6 p.c in prolonged buying and selling. The web firm beat analyst estimates on earnings and income. The firm appears to be like to spice up its competitiveness within the restaurant trade by investing within the development of Yelp WiFi, Yelp Reservations and Nowait, creating anticipated working losses in 2018.
Tesla Motors inventory fluctuated 2 p.c up and down within the prolonged session earlier than settling. The automotive firm’s revenues had been simply greater than estimates and EPS losses had been decrease than anticipated. This quarter’s cash burn was not as bad as predicted, although many analysts still consider it a risk.
Shares of Yum China fell over four p.c after hours. The fast-food firm introduced financials that beat analyst estimates. This was Yum’s first full 12 months spun off from the US Yum Brands and same-store gross sales grew greater than Wall Street anticipated. Current president and working chief, Joey Wat, nonetheless plans to take over as CEO on March 1.
Take-Two inventory fell over three p.c after the bell. The online game writer’s income missed Wall Street expectations. Its GAAP EPS was 21 cents, with 10 cents of tax reform impression. Although revenues had been disappointing, its digitally delivered internet income grew eight p.c this quarter.
O’Reilly shares fell slightly below 1 p.c after the bell. The automotive firm introduced its management succession plan on Monday. Current CEO Greg Henslee plans to step down on May eight and will probably be changed by Greg Johnson.