In this article
Check out the companies making headlines in after-hours trading.
First Solar — The solar stock gained 3.6%. The company reported a fourth-quarter loss of 7 cents per share compared with a 17 cent per-share loss forecasted by analysts, according to FactSet. Revenue came in line with expectations at $1 billion. The company issued full-year guidance that was ahead of expectations on per-share earnings and revenue.
AMC Entertainment – Shares of the meme-stock darling slipped less than 1%. The company posted a wider-than-expected loss of 26 cents per share for the fourth quarter, compared to the 21 cent per-share loss forecasted by analysts polled by Refinitiv. AMC also reported fourth-quarter revenue of $991 million, while analysts anticipated $978 million in revenue.
Novavax — The biotechnology company tumbled 24% after the company raised doubts about its ability to stay in business. The company lost $2.28 per share, much larger than the $1.01 per-share loss expected by analysts polled by FactSet. Revenue also came in below expectations at $357.4 million compared with $383.1 million anticipated.
Rivian — Shares of the electric-vehicle maker slipped nearly 7% following a mixed earnings report. The company posted an adjusted loss of $1.73 per share, compared to analysts' forecasts for a loss of $1.94 per share, according to Refinitiv. Revenue came in lower than expected at $663 million compared with analysts' $742.4 million expectation.
Monster Beverage — The beverage maker slid 6% after reporting revenue and per-share earnings below the respective consensus estimates of analysts polled by FactSet. Earnings per share came in at 57 cents, 6 cents below the consensus estimate. Revenue for the quarter was $1.51
Read more on cnbc.com