After-Hours Stock Movers:
GitLab (NASDAQ:GTLB) 35% LOWER; reported Q4 EPS of ($0.03), $0.11 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $122.9 million versus the consensus estimate of $119.59M. GitLab sees FY2024 EPS of ($0.29)-($0.24), versus the consensus of ($0.52). GitLab Inc sees FY2024 revenue of $529M-$533M, versus the consensus of $586.1M. GitLab sees Q1 2024 EPS of ($0.15)-($0.14), versus the consensus of ($0.16). GitLab sees Q1 2024 revenue of $117M-$118M vs $126M expected.
Amylyx Pharmaceuticals (NASDAQ:AMLX) 21% HIGHER; For the three months ended December 31, 2022, net product revenue was $21.9M and cost of sales was $2.8M.
Turtle Beach (NASDAQ:HEAR) 15% LOWER; reported Q4 EPS of $0.10, $0.10 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $100.9M versus the consensus estimate of $110.45M.
Bunge Limited (NYSE:BG) 9% HIGHER; will replace Signature Bank (NASDAQ:SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15.
United Airlines (NASDAQ:UAL) 7% LOWER; now expects an adjusted diluted loss per share of between $0.60 and $1.00 in the first quarter of 2023. (Consensus sees Q1 EPS of $0.63).
American Airlines Group (NASDAQ:AAL) 2% LOWER; falls on UAL guidance cut.
Delta Air Lines (NYSE:DAL) 1% LOWER; falls on UAL guidance cut.