Palo Alto Networks, Mosaic & more
A sign was placed outside Palo Alto Networks’ Santa Clara headquarters, California on Thursday May 13, 2021.
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Take a look at the top companies in trading after hours:
Palo Alto Networks — Shares of the cybersecurity company gained 6% during extended trading Tuesday following Palo Alto’s second-quarter earnings report. Earnings on revenue of $1.32 Billion were excluded from the earnings. Refinitiv analysts polled expected to earn $1.65 per share on revenues of $1.28 trillion.
Range Resources — Range Resources jumped more than 5% in the wake of the company’s fourth-quarter results. The $1.57billion revenue earned by the energy company saw it earn 96 cents per share, excluding any items. StreetAccount polled analysts and predicted that the company would make 97 cents per shares.
Virgin Galactic — Shares of the space company gained more than 3% after Virgin Galactic reported a smaller-than-expected loss during the fourth quarter. Refinitiv surveyed analysts and found that the share loss was 31 cents less than what they expected. Revenue, however, missed estimates. Wall Street had expected $300 million. The sales figures for the company were $141 million.
Mosaic — Mosaic shares slid more than 6% following the company’s latest earnings report. Mosaic earned $1.95 per share, exempting items. This was on $3.84 Billion in revenue. StreetAccount analysts polled by StreetAccount expected the company would earn $1.97 per Share on revenue of $3.9 billion.