Here’s a look at the companies making headlines over the long haul: DoorDash — The food delivery company’s shares fell 13% after it reported a bigger-than-expected loss in the first quarter. DoorDash lost 6 cents per share on revenue of $2.51 billion. Analysts polled by LSEG expected a loss of 4 cents per share on revenue of $2.45 billion. Carvana — The auto market surged 30% after first-quarter revenue topped Wall Street expectations. Carvana reported revenue of $3.06 billion, well above the $2.67 billion consensus forecast by analysts polled by LSEG. Freshworks — Shares of the software development company fell 19%. While first-quarter results topped expectations on both lines, the California-based company still provided soft guidance for revenue for the quarter and full year. Freshworks forecast second-quarter revenue of $168 million to $170 million and full-year revenue of $695 million to $705 million, while analysts polled by FactSet expected revenue of $172.1 million in the three-month period and full-year revenue. It closed at US$708.3 million. Etsy — The online marketplace fell about 13%. Etsy reported first-quarter adjusted earnings of 48 cents per share, while analysts polled by LSEG expected earnings of 49 cents per share. Revenue of $646 million was in line with expectations. eBay — The online commerce platform fell 4% after its revenue guidance for the quarter missed expectations. The company told investors it expected revenue between $2.49 billion and $2.54 billion, while analysts polled by LSEG forecast revenue of $2.56 billion. That belied last quarter’s stronger-than-expected results. Qualcomm — Shares rose more than 4% after the bell after the chipmaker reported adjusted earnings of $2.44 per share in the latest quarter, beating analysts’ expectations of $2.32 per share, according to LSEG. Qualcomm raised the upper end of its revenue forecast for the current quarter to be higher than Wall Street forecasts, as the company noted that demand for smartphones requires the most advanced chips. Schrodinger – computing platform fell 8%. The company reported a loss of 76 cents per share, higher than the 74 cents per share loss expected by analysts polled by FactSet. Revenue was $36.6 million, missing the FactSet consensus forecast of $42 million. Schrödinger also provided softer guidance for revenue for the quarter than analysts expected. Qorvo — Weak guidance for the fiscal first quarter sent shares of the semiconductor company down 11%. Qorvo expected earnings of 60 cents to 80 cents per share, while analysts polled by FactSet expected earnings of $1.27 per share. However, in its fiscal fourth quarter, the company posted strong revenue and profit performance. Envista — Shares of the dental products maker fell 3.8%, with first-quarter adjusted earnings of 26 cents per share, missing analysts’ consensus estimate of 32 cents, according to FactSet data. Revenue of $623.6 million was also below expectations of $634.9 million. Openlane — Shares of the auto wholesaler fell nearly 16% after first-quarter adjusted earnings of 19 cents per share, missing Wall Street’s consensus estimate of 21 cents per share, according to FactSet data. Revenue of $416.3 million was below analysts’ lowest estimate and below the average forecast of $425.2 million. CH Robinson – Shares of the freight logistics and trucking provider soared 13%, with first-quarter adjusted earnings of 86 cents per share, compared with analysts’ consensus estimate of 63 cents, according to FactSet. The results also exceeded Wall Street’s highest expectations. Revenue topped analysts’ average forecast. —CNBC’s Jesse Pound, Tanaya Macheel, Darla Mercado and Scott Schnipper contributed reporting.
