Check out the companies that made headlines after the bell: Alphabet – LSEG said first-quarter earnings of $1.89 per share beat analyst estimates of $1.51 per share, on revenue of $80.54 billion. The better-than-expected results sent the stock up about 15% in after-hours trading. 78.59 billion dollars. The search giant’s operator also approved its first-ever dividend and his $70 billion share buyback. Microsoft – Shares of the technology giant rose 4.5% in after-hours trading after the software maker reported third-quarter earnings that beat Wall Street expectations. SNAP – Shares soared more than 27% in after-hours trading after the social media company reported first-quarter results that beat analysts’ expectations. Sales increased by his 21% to $1.19 billion. This is primarily due to improvements in the company’s advertising platform. Intel – The tech stock fell 8% in after-hours trading after the company missed first-quarter revenue expectations and gave a weak outlook for the current quarter. However, Intel reported earnings that beat Wall Street’s expectations. Dexcom – The maker of glucose monitoring systems fell 8% despite strong sales and bottom line results. Dexcom reported adjusted earnings of 32 cents per share on revenue of $921 million. Analysts surveyed by FactSet had expected earnings of 27 cents per share and revenue of $909.9 million. Gilead Sciences – The biotech stock rose nearly 3% after a better-than-expected quarterly report. Gilead posted a loss of $1.32 per share, narrower than the $1.49 per share loss expected by analysts polled by LSEG. Sales also exceeded expectations at $6.69 billion. Skechers – The shoe company rose more than his 7%. Skechers reported first-quarter earnings of $1.33 per share on revenue of $2.25 billion. These results beat analysts surveyed by LSEG that expected earnings of $1.10 per share and revenue of $2.2 billion. L3Harris Technologies – Shares rose nearly 2% after the aerospace and defense company submitted a stronger-than-expected report. L3Harris posted adjusted EPS of $3.06, beating LSEG’s consensus estimate of $2.90 per share. Sales also exceeded expectations of $5.11 billion at $5.21 billion. —CNBC’s Tanaya Machel and Darla Mercado contributed reporting.
Stocks with the biggest price movements after hours: GOOGL, MSFT, SNAP, INTC
