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Check out the companies making headlines in extended trading. Apple â The iPhone maker shed 2% after its closely watched Services division performed below expectations in the fiscal second quarter. Services revenue came in at $26.65 billion, lower than the $26.70 billion analysts surveyed by StreetAccount anticipated. To be sure, overall earnings and revenue during the period beat Wall Street’s expectations. Airbnb â Shares slipped more than 4%. Airbnb expects second-quarter revenue in a range between $2.99 billion and $3.05 billion, or $3.02 billion at the middle of the range. Analysts had forecast $3.04 billion in revenue. Management noted softening trends in the U.S. segment on a sequential on year-over-year basis due to macro uncertainty. Amazon â The e-commerce giant fell about 4% after its second quarter operating income guidance range missed analysts’ estimates. Amazon is forecasting operating income to land between $13 billion to $17.5 billion, which missed the $17.64 billion consensus call, according to StreetAccount. Meanwhile, Amazon managed to beat on both top- and bottom-lines in the first quarter. Roku â The streaming company fell 3% after posting its first-quarter results. Roku reported a loss of 19 cents per share on $1.02 billion in revenue. This was slightly better than consensus estimates, which anticipated losses of 27 cents per share on revenue of $1.01 billion, according to LSEG. Block â Shares of the financial services company plunged more than 17% after its first-quarter revenue missed analyst estimates, posting $5.77 billion for the period. That’s less than the $6.20 billion that analysts had penciled in, according to LSEG. Maplebear â The grocery delivery company, which does business as Instacart, jumped 5% after giving an upbeat forecast for the current quarter. The company expects adjusted EBITDA for the second quarter to come in between $240 million and $250 million, while analysts polled by FactSet were expecting $234.8 million. Earnings and revenue for the first quarter came in weaker than expected, however. Twilio â The stock surged more than 7% after the cloud communications company’s first-quarter results topped Wall Street expectations. Twilio posted adjusted earnings of $1.14 per share on $1.17 billion in revenue, above the 94 cents per share and $1.14 billion in revenue that analysts surveyed by LSEG were expecting. The company also forecast stronger-than-expected revenue for the second quarter. Reddit â The social media forum surged about 18%. Reddit sees second-quarter sales coming in between $410 million to $430 million, ahead of analysts’ estimates for $396 million. First quarter results trounced the Street’s expectations, as Reddit posted earnings of 13 cents per share on revenue of $392 million. Analysts polled by LSEG sought 2 cents per share in earnings and $370 million in revenue. Atlassian â The software company tanked 15% as Atlassian’s fiscal fourth-quarter revenue outlook failed to dazzle investors. The company sees sales ranging from $1.35 billion to $1.36 billion, compared to the $1.36 billion analysts were seeking, per LSEG. Third quarter adjusted earnings came in at 97 cents per share, while revenue was $1.36 billion, slightly above the Street’s estimates. Duolingo â The maker of the learning platform jumped 9% after providing rosy guidance. Duolingo sees second-quarter revenue ranging from $239 million to $242 million, while LSEG consensus estimates called for $234 million. Full-year revenue is expected to range from $987 million to $996 million, versus the Street’s estimate of $977 million. â CNBC’s Darla Mercado, Sean Conlon and Jesse Pound contributed reporting
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