Take a look at the businesses making headlines after hours. Airbnb — Shares of the holiday rental firm surged about 7% after Airbnb posted second quarter earnings of $1.37 per share on revenues of $3.61 billion. That outpaced the earnings of $1.25 on revenues of $3.58 billion forecasted by analysts, in line with LSEG. Lyft — The ride-hailing firm was marginally greater after posting second quarter revenues of $1.84 billion, beating the LSEG consensus estimate of $1.81 billion. Earnings of 13 cents per share, nonetheless, missed the 14 cents anticipated by analysts. DraftKings — Shares have been down over 1.5% after the corporate fell wanting expectations on income. DraftKings posted second quarter income of $1.44 billion, lacking the $1.51 billion analysts polled by LSEG sought. The corporate additionally posted a lack of 14 cents per share, whereas the Avenue anticipated a revenue of two cents a share. The digital sports activities leisure and gaming firm did reaffirm its steerage on adjusted EBITDA and income for the 2026 fiscal yr. Twilio — The client engagement platform noticed shares surge about 16% on rosy projections for the present quarter. Twilio sees adjusted earnings of $1.42 to $1.47 per share on income of $1.51 billion to $1.52 billion. The LSEG consensus estimate sought $1.39 per share and $1.46 billion. The corporate additionally boosted its full-year income progress name to a variety of 18% to 18.5% from 14% to fifteen%, additionally beating analysts’ forecast of 14.8% progress. Commerce Desk — Shares tanked 22% after the digital promoting firm posted second quarter earnings and income that fell beneath expectations. Adjusted earnings of 34 cents missed the 40 cents consensus estimate, in line with LSEG. Income of $715 million missed the anticipated $751 million. Sweetgreen — The salad chain plunged 14% after Sweetgreen’s second quarter outcomes upset analysts. Sweetgreen posted a second quarter lack of 22 cents per share on revenues of $193 million. Analysts surveyed by LSEG had anticipated a per-share lack of 15 cents on revenues of $195 million. Akamai Applied sciences — The cloud computing inventory rallied 12% after Akamai Applied sciences beat estimates on the highest and backside traces. Akamai posted second quarter earnings of $1.59 per share, excluding objects, greater than the LSEG consensus of $1.57 per share. Income of $1.10 billion additionally beat the forecasted $1.09 billion. Maplebear — The grocery supply firm higher often called Instacart rallied greater than 8% after Instacart posted second quarter income of $1.04 billion, greater than the LSEG consensus estimate of $1.03 billion. Earnings of 45 cents per share, nonetheless, got here in beneath the estimated 54 cents per share. Cloudflare — The cloud cybersecurity firm jumped 17% after issuing stable steerage for the total yr and present quarter. Cloudflare expects adjusted earnings of 34 cents per share on income of $736 million to $737 million within the third quarter. That compares to the LSEG consensus name for 32 cents per share and $722 million in income. Second quarter outcomes additionally surpassed estimates on the highest and backside traces. Dropbox — Shares of the cloud storage firm fell virtually 6%. Non-GAAP gross margin for the second quarter got here in at 81.6%, narrowly lacking the StreetAccount consensus estimate of 81.7%. Adjusted revenue within the interval landed at 75 cents a share, edging forward of the LSEG consensus estimate of 74 cents per share. — CNBC’s Darla Mercado and Ananya Chetia contributed to this report.
