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After-hours movers: Salesforce surges on beat, Silvergate falls on 'going concern' warning

Published 2023-03-01, 05:54 p/m
© Reuters.
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After-Hours Stock Movers:

Funko (NASDAQ:FNKO) 27% LOWER; reported Q4 EPS of ($0.35), $0.26 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $333.04 million versus the consensus estimate of $315.51M. Lowers guidance.

Silvergate Capital (NYSE:SI) 24% LOWER; delayed 10-K, 'going concern' warning.

Salesforce (NYSE:CRM) 14% HIGHER; reported Q4 EPS of $1.68, $0.32 better than the analyst estimate of $1.36. Revenue for the quarter came in at $8.38 billion versus the consensus estimate of $8B. Salesforce sees Q1 2024 EPS of $1.60-$1.61, versus the consensus of $1.32. Salesforce sees Q1 2024 revenue of $8.16-8.18B, versus the consensus of $8.05B. Salesforce sees FY2024 EPS of $7.12-$7.14, versus the consensus of $5.84. Salesforce sees FY2024 revenue of $34.5-34.7B, versus the consensus of $34.03B.

Okta, Inc. (NASDAQ:OKTA) 13% HIGHER; reported Q4 EPS of $0.30, $0.21 better than the analyst estimate of $0.09. Revenue for the quarter came in at $510M versus the consensus estimate of $489.79M. Okta, Inc. sees Q1 2024 EPS of $0.11-$0.12, versus the consensus of $0.00. Okta, Inc. sees Q1 2024 revenue of $509-511M, versus the consensus of $497.9M. Okta, Inc. sees FY2024 EPS of $0.74-$0.79, versus the consensus of $0.32. Okta, Inc. sees FY2024 revenue of $2.155-2.17B, versus the consensus of $2.16B.

Snowflake Inc (NYSE:SNOW8% LOWER; reported Q4 EPS of $0.14, $0.09 better than the analyst estimate of $0.05. Revenue for the quarter came in at $589M versus the consensus estimate of $576.22M. Authorized a $2.0B stock repurchase program.

Radius Global Infrastructure Inc (NASDAQ:RADI5% HIGHER; EQT (NYSE:EQT) and Public Sector Pension Investment Board (PSP) announced today that they have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for $15.00 per share in cash, representing a total enterprise value of approximately $3.0B.

Tesla, Inc. (NASDAQ:TSLA) 2% LOWER; ongoing Investor Day.

 

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