After-Hours Stock Movers:
Expedia (NASDAQ:EXPE) rose 7% after publishing better than expected second quarter earnings and revenue. Total gross bookings were $28.8 billion, an increase of 6% compared to 2023.
Unity Software Inc. (U) rose 2% after second quarter revenue topped consensus, despite lowering its full year revenue outlook.
Sweetgreen (SG) rose 21% after it raised its full year revenue forecast. Same-store sales rose 9%, up from 3% in the prior year period.
Array Technologies Inc. (ARRY) fell 8% after it lowered full year guidance. The company now expects volume to be down, due to the changes in expected customer project timing, with declining ASP when compared to 2023.
Dropbox (NASDAQ:DBX) rose 4% after beating EPS and revenue in the second quarter.
Five9 (NASDAQ:FIVN) declined 8% despite reporting EPS and revenue that topped estimates. Management said it was reducing annual revenue guidance by 3.8%, reflecting recent bookings trends and the uncertain economic conditions.