Stocks Making Headlines After Financial Results

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The earnings season for the third quarter has come to a conclusion. Many U.S. stocks, on the other hand, continue to report their financial results. Some of the firms that recently released their quarterly results include PagerDuty, MongoDB, Dave & Buster’s Entertainment, and Stitch Fix. Shares of PagerDuty, MongoDB, and Dave & Buster’s rose after beating expectations. However, Stitch Fix stock took a deep dive after offering a disappointing sales outlook for its fiscal second quarter.

Here is Insider Monkey’s list of 10 stocks making headlines after financial results. Sumo Logic, Inc. stock soared more than 11% on Tuesday, December 7, after the company reported better-than-expected financial results. Revenue for the cloud-based machine data analytics company was $62 million, up 20% over the previous quarter. AeroVironment, Inc. stock fell about 30% on Tuesday, December 7, after the company reported mixed financial results for the fiscal second quarter. The Virginia-based defense contractor reported $122 million in revenue and adjusted 78 cents per share earnings. During the quarter, Avid Bioservices, Inc. earned 6 cents per share, up from 1 cent the year before. Revenue was $26.1 million, up 24 percent from the same period last year and well beyond projections. Casey’s General Stores, Inc. reported $2.59 per share in earnings, down from $3 per share a year ago. On the plus side, sales of $3.26 billion for the quarter exceeded forecasts. On Tuesday, December 7, 2021, HealthEquity, Inc. stock hit a nearly 20-month low. The health-care company reported revenue of $180 million, which was essentially flat year over year and less than the $184.7 million expected. For more details, click 10 Stocks Making Headlines After Financial Results.

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