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Peloton, Past Meat, Expedia & extra 


Take a look at the businesses making headlines after the bell on Thursday:

Peloton — Shares of Peloton dropped greater than 6% after the closing bell, when the health firm reported fiscal third-quarter gross sales progress of 141%. Its per-share loss for the quarter was additionally smaller than anticipated at 3 cents versus 12 cents as forecast by analysts polled by Refinitiv. The corporate didn’t present any up to date monetary forecast nor touch upon its treadmill recall.

Expedia — The journey platform’s inventory rose 6.9% after it reported a first-quarter adjusted lack of $2.02 per share on revenues of $1.25 billion. Analysts had anticipated a loss per share of $2.31 on revenues of $1.12 billion, in line with Refinitiv.

Past Meat — Shares of the plant-based meat maker fell 6.5% after it reported a wider-than-expected loss within the three months ended March 31 as diners take longer to return to eating places and grocery buyers slowed coronavirus-era stockpiling.

Dropbox — Dropbox shares rose 2.3% after the cloud-storage firm reported first-quarter earnings of 35 cents per share on income of $512 million. Analysts polled by Refinitiv had anticipated a revenue of 31 cents per share on income of $505 million.

TripAdvisor — TripAdvisor fell 6.1% after it reported a first-quarter lack of 39 cents per share, excluding one-time objects, on income of $123 million. Analysts had anticipated a loss per share of 32 cents on income of $121 million, in line with Refinitiv.

Invoice.com — Shares of Invoice.com rallied greater than 15% after the monetary software program firm introduced it would purchase Divvy — an expense administration software program maker — for about $2.5 in a cash-and-stock deal. The deal is anticipated to shut in Invoice.com’s fiscal first quarter, which ends on Sept. 30.

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