Cloudflare Beats 2Q Estimates On Strong Customer Growth

Cloudflare’s 2Q revenues jumped 48% to $99.7 million year-over-year and beat analysts’ expectations of $94.

Stifel Lifts EPAM Systems’ PT After Strong 2Q Results

Stifel increased the price target on EPAM Systems’ stock to $357 (20% upside potential) from $275 and reiterated a Buy rating after the …

Fortinet Slips 7% After-Hours As 2Q Billings Missed Estimates

Shares of Fortinet plunged 6.6% in extended trading on Thursday after the company’s 2Q billings fell short of analysts’ expectations.

Yelp Up 5% On Q2 Beat; RBC Says Stock ‘Needs A Vaccine Too’

Review site Yelp (YELP) rose 4.53% in Thursday’s after-hours trading after the company posted a solid Q2 earnings beat driven by steady improvements …

Live Nation 2Q Loss Widens; Shares Decline

Shares of Live Nation were down almost 3% in US morning trading after the company reported lower-than-expected revenues of $74.1 million in the …

Barclays Upgrades Wayfair, Lifts PT After 2Q Sales Beat

Barclays upgraded Wayfair to Hold from Sell after the online furniture store exceeded analysts’ expectations for second-quarter revenue driven by increased demand for …

WDC Sinks 11% In Pre-Market On Earnings Outlook Miss

Shares of Western Digital were trading nearly 11% down in pre-market trading on Thursday after the company’s 1Q earnings outlook disappointed. The hard-disk …

Wix Plunging 10% As Earnings Fall Far Below Expectations

Shares in web developer (WIX) are dropping 10% in Thursday’s trading after its second quarter earnings fell short of investor expectations.

Moderna Secures $400M In Deposits For Supply Of Covid-19 Vaccine Candidate

Moderna said it received $400 million of cash in deposits for the supply of its potential mRNA-1273 coronavirus vaccine, adding that the company …

Zynga Rises On Record 2Q Revenues Fueled By Digital Gaming Demand

Shares of Zynga is advancing 3.4% in the pre-market session on Thursday after the mobile gaming company reported record second-quarter revenues.

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