Market Updates
U.S. Movers: Applied Materials, Coinbase, DoorDash, Trade Desk, Toast
Scott Peters
16 Feb, 2024
New York City
DoorDash declined 7.4% to $116.92 after the delivery company reported a wider-than-expected quarterly loss.
Revenue in the fourth quarter increased 27% to $2.3 billion from $1.8 billion, net loss shrank to $154 million from $640 million, and diluted loss per share fell to 39 cents from $1.65 a year ago.
Applied Materials soared 13.1% to $212.16 after the semiconductor equipment maker reported better-than-expected quarterly results.
Net revenue in the fiscal first quarter was flat at $6.7 billion, net income rose 18% to $2.0 billion from $1.7 billion, and diluted earnings per share increased 19% to $2.41 from $2.03 a year ago.
Trade Desk jumped 17.6% to $89.50 after the digital advertising company reported better-than-expected quarterly sales and estimated a stronger-than-expected fiscal first quarter.
Coinbase Global soared 14.5% to $189.25 after the crypto trading firm reported better-than-expected fourth-quarter results.
Revenue in the fourth quarter rose to $953.8 million from $$629.1 million, net income swung to a profit of $275.7 million from a loss of $557.8 million, and diluted earnings per share were $1.04 compared to ($2.46) a year ago.
Toast soared 9% to $20.93 after the restaurant point-of-sale system developer reported fourth-quarter revenue of $1.04 billion and a net loss of 7 cents per share.
Revenue in the fourth quarter increased 35% to $1.0 billion from $769 million, net loss shrank to $36 million from $99 million, and diluted loss per share fell to 7 cents from 19 cents a year ago.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|