After-Hours Movers:
Impinj Inc (NASDAQ:PI) 16% LOWER; reported Q2 EPS of $0.33, $0.03 better than the analyst estimate of $0.30. Revenue for the quarter came in at $86 million versus the consensus estimate of $85M. Impinj sees Q3 2023 EPS of ($0.12)-($0.06), versus the consensus of $0.38. Impinj sees Q3 2023 revenue of $63-66M, versus the consensus of $88M.
Align Technology (NASDAQ:ALGN) 12% HIGHER; reported Q2 EPS of $2.22, $0.18 better than the analyst estimate of $2.04. Revenue for the quarter came in at $1 billion versus the consensus estimate of $992.76M. Align Technology sees Q3 2023 revenue of $990-1.01B, versus the consensus of $990M. Align Technology sees FY2023 revenue of $3.97-3.99B, versus the consensus of $3.94B.
Chipotle Mexican Grill (NYSE:CMG) 9% LOWER; reported Q2 EPS of $12.65, $0.36 better than the analyst estimate of $12.29. Revenue for the quarter came in at $2.5B versus the consensus estimate of $2.53B. Same store sales rose 7.4%, while analysts had expected 7.5%. The company sees third quarter comparable restaurant sales growth in the low to mid-single digit range. They Full year comparable restaurant sales growth in the mid to high-single digit range.
Meta Platforms (META) 6% HIGHER; reported Q2 EPS of $2.98, $0.07 better than the analyst estimate of $2.91. Revenue for the quarter came in at $32B versus the consensus estimate of $31.08B. Meta Platforms sees Q3 2023 revenue of $32-34.5B, versus the consensus of $31.2B.
eBay (NASDAQ:EBAY) 5% LOWER; reported Q2 EPS of $1.03, $0.04 better than the analyst estimate of $0.99. Revenue for the quarter came in at $2.5B versus the consensus estimate of $2.51B. eBay sees Q3 2023 EPS of $0.96-$1.01, versus the consensus of $0.92. eBay sees Q3 2023 revenue of $2.46-2.52B, versus the consensus of $2.23B.