Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company tumbled 13% after its first-quarter report revealed a wider-than-expected loss. DoorDash lost 6 cents per share on $2.51 billion in revenue. Analysts surveyed by LSEG were expecting a loss of 4 cents per share on $2.45 billion in revenue. Carvana — The car marketplace soared 30% after revenue for the first quarter surpassed Street expectations. Carvana reported $3.06 billion in revenue, well above the consensus forecast of $2.67 billion from analysts surveyed by LSEG. Freshworks — The software development company tumbled 19%. Despite beating expectations on both lines for the first quarter, the California-based firm offered soft guidance for revenue in the current quarter and full year. Freshworks forecast between $168 million and $170 million in the second quarter and a range of $695 million to $705 million for the full year, while analysts polled by FactSet anticipated $172.1 million in the three-month period and $708.3 million in the year. Etsy — The online marketplace slid about 13%. Etsy reported adjusted earnings of 48 cents per share in the first quarter, while analysts polled by LSEG called for 49 cents a share. Revenue of $646 million was in line with expectations. eBay — The online commerce platform dropped 4% after current-quarter revenue guidance missed expectations. The company told investors to anticipate between $2.49 billion and $2.54 billion in revenue, while analysts polled by LSEG forecast $2.56 billion. That overshadowed stronger-than-anticipated results for the previous quarter. Qualcomm — Shares rose more than 4% after hours after the chipmaker posted $2.44 per share in adjusted earnings for its most recent quarter, topping analysts’ estimates of $2.32 per share, according to LSEG. The top end of Qualcomm’s revenue forecast for the current quarter was higher than the Street’s expectations, as the company cited demand for smartphones that require the most advanced chips. Schrodinger — The computational platform slid 8%. The company posted a loss of 76 cents per share, wider than the loss of 74 cents per share expected by analysts surveyed by FactSet. Revenue came in at $36.6 million, less than the FactSet consensus of $42 million. Schrodinger also offered softer guidance for current-quarter revenue than analysts predicted. Qorvo — Weak guidance for the fiscal first quarter dragged shares of the semiconductor company lower by 11%. Qorvo is calling for earnings of 60 cents to 80 cents per share, while analysts polled by FactSet were anticipating $1.27 per share. In the fiscal fourth quarter, however, the company beat on top and bottom lines. Envista — The maker of dental products sank 3.8% after first-quarter adjusted earnings of 26 cents a share missed analysts’ consensus estimate of 32 cents, according to FactSet. Revenue of $623.6 million also trailed an estimate of $634.9 million. Openlane — The vehicle wholesaler dropped almost 16% due to first-quarter adjusted earnings of 19 cents per share missing the Street’s consensus estimate of 21 cents per share, according to FactSet. Revenue of $416.3 million was below analysts’ lowest estimate, and fell short of the average forecast of $425.2 million. C.H. Robinson — The freight logistics and trucking provider surged 13% in reaction to first-quarter adjusted earnings of 86 cents a share versus analysts’ consensus estimate of 63 cents, per FactSet. The result also beat the highest estimate on the Street. Revenue topped the average analysts’ estimate. — CNBC’s Jesse Pound, Tanaya Macheel, Darla Mercado and Scott Schnipper contributed reporting.
