After-Hours Movers: 10x Genomics, AZZ Inc., Applied Digital, and Others
After-Hours Stock Movers:
10x Genomics experienced a significant drop of 24% after releasing preliminary results for its third quarter, projecting revenues of $151.7 million, which fell short of the average analyst estimate of $162 million.
Applied Digital saw a 3% increase following the announcement of quarterly earnings per share that surpassed consensus expectations. The company highlighted that its balance sheet strengthened considerably post-quarter, thanks to strategic investments from a group of institutional and accredited investors, as well as support from NVIDIA and Related Companies.
AZZ, Inc. rose by 2% after reporting its second-quarter results and providing updated guidance for the fiscal year. The company is anticipating fiscal year 2025 earnings per share in the range of $4.70 to $5.10, compared to the consensus estimate of $4.94.
Costco experienced a slight uptick of 0.1% after announcing a 6.7% increase in comparable sales for September.