Roku, Twilio, DraftKings: After-Hours Movers

Shares of Roku (ROKU) are moving higher in after-hours trading on Thursday after the company reported its second quarter earnings, beating expectations for revenue, benefiting from strong ad sales. In addition, the company's guidance for the third quarter were in-line with Wall Street estimates.

Shares of Twilio (TWLO) are jumping after the company reported its second quarter earnings, beating analyst expectations for both the top and bottom lines. In addition, the company's third quarter guidance for adjusted earnings per share came in higher than expected.

DraftKings (DKNG) stock is moving slightly lower after it reported second quarter earnings with a revenue of $1.10 billion, up 26% year-over-year, but slightly missed expectations. The company announced an inaugural $1 billion share buyback program. The company did post adjusted earnings of $0.22 per share, beating consensus estimates of a loss of $0.01 per share.

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This post was written by Nicholas Jacobino

Video transcript

Let's take a look at what's trending after hours.

Shares of Roku jump in after hours following a beat for the second quarter revenue as the streamer benefited from strong ad sales.

Streaming hours for the quarter grew 20% year over year, while active customer accounts jumped 14%.

In the same time, guidance for the third quarter came in line with the streets estimates shares of TW higher after beating across the top and bottom line in the second quarter.

The company's forecast for the upcoming quarter also a bright spot to see adjusted earnings per share for the third quarter in a range of 81 to 86 cents, well above the bloomer estimate of 72 cents.

The company did narrow its full year organic revenue guides to 6 to 7% versus the previous 5 to 10%.

And Draught Kings announcing Q two earnings.

The sports betting platform point revenue.

1.1 billion, just under Wall Street estimates of 1.11 billion and a miss on a just EPS at 22 cents versus an estimate of 25 cents.

Draught Kings boosted its revenue guide, and so for the full year guidance beat the average analyst estimate, and that is a wrap on today's coverage.

And what a day.

That was one last check here on some of the earnings we broke earlier, including numbers from Apple, Amazon on Intel.

Uh, Apple's, uh, ca call going on very soon here in which in which, of course, investors will be focus on what guidance Tim Cook and Luke and Master have to offer.

And in Amazon, really, the focus is gonna be on for that third quarter guidance.

Why is there this expected revenue and operating income shortfall?

What are the, um, you know, inputs to that?

And why is that going to be happening?

And of course, all of this could be moved in terms of the stock action when we get the jobs report tomorrow morning at 830 that sort of sweep the macro narrative away.

But it is interesting to see pressure on many of those big companies that reported, with the exception of Apple, for sure