Stocks making the biggest moves after hours: Hims & Hers, Gitlab, Cleanspark, Webtoon Entertainment & more
Check out the companies making headlines after the bell : Hims & Hers Health — Shares dropped more than 6% after the telehealth company guided for adjusted EBITDA in its current quarter of between $35 million to $55 million. Analysts polled by LSEG were expecting $70 million. Aecom — The infrastructure consulting stock added 2% after Aecom raised its full-year adjusted earnings guidance to between $5.90 to $6.10 per share, higher than previous estimates of $5.85 to $6.05 per share. The company also posted a second-quarter adjusted earnings and revenue beat, per FactSet estimates. Archer Aviation — The aircraft stock popped 2%.The company said that it ended its first quarter with roughly $1.8 billion in liquidity. However, revenue for that period came in at $1.6 million, while the FactSet consensus sought $1.7 million. Webtoon Entertainment — Shares tumbled 15% after the webtoon platform guided for second-quarter revenue of between $332 million to $342 million, while analysts polled by FactSet were looking for $348 million. The company’s second-quarter adjusted EBITDA forecast of between zero to $5 million also fell short of the anticipated $12.1 million. Meanwhile, Webtoon’s first-quarter revenue of $320.9 million also missed the $321.6 million consensus estimate. Cleanspark — Shares of the bitcoin miner and data center developer fell nearly 5%. Second-quarter losses came in wider than anticipated at $1.52 per share, while analysts polled by FactSet sought a loss of 56 cents per share. Second-quarter revenue also missed the mark, landing at $136.4 million compared to the $145.4 million expected. Mara Holdings — The crypto miner lost 5%. Mara posted a first-quarter loss of $3.31 per share, larger than the loss of $1.51 per share analysts anticipated, per FactSet. Revenue came in lighter than anticipated at $174.6 million, versus the $181.9 million estimate. AST SpaceMobile — The developer of satellites dropped close to 9% in extended trading. AST reaffirmed its outlook for full-year revenue, sticking with its call for $150 million to $200 million. The range was inclusive of the Street’s consensus estimate of $176.9 million, per FactSet. First-quarter losses were also wider than anticipated. Gitlab — Shares were 8% lower in after-hours trading after CEO Bill Staples outlined a broad restructuring plan tied to the software company’s move into agentic AI, including workforce reductions, management cuts and a more narrow geographic footprint. Gitlab said it plans to reduce the number of countries in which it operates by up to 30%, remove as much as three layers of management, reorganize research and development into roughly 60 smaller teams and expand agentic AI in internal processes. The firm did not specify how many positions will be eliminated or the expected financial impact but said details will be shared on its June 2 earnings call. — CNBC’s Nick Wells and Darla Mercado contributed reporting.
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