Let’s check out the companies that are becoming a hot topic for after-hours trading. Palantir Technologies — Palantir stock rose 1% in after-hours trading after the software company reported quarterly results that beat Wall Street expectations, with government revenue up 52% from a year ago. Palantir had adjusted earnings of 21 cents per share on sales of $1.18 billion in the period, while analysts surveyed by LSEG had expected earnings of 17 cents per share on sales of $1.09 billion. Palantir also announced better-than-expected fourth-quarter guidance as the commercial business driving its AI platform continues to grow. Vertex Pharmaceuticals — The biotech stock fell 4% after reporting mixed third-quarter results. Vertex earned $4.80 per share, excluding items, on revenue of $3.08 billion. The company’s earnings fell short of the $4.58 per share expected by analysts surveyed by FactSet, but revenue beat expectations of $3.06 billion. Diamondback Energy — Diamondback Energy shares fell 2% in after-hours trading. The oil and gas company announced it will sell the non-Permian assets of its Viper Energy subsidiary for $670 million in a transaction expected to close in the first quarter of 2026. Diamondback also beat analyst consensus estimates, posting adjusted third-quarter earnings of $3.08 per share, compared to analysts’ expectations of $2.93 per share, according to LSEG. The company’s revenue for the period was $3.92 billion, which also exceeded analyst estimates of $3.52 billion. Clorox — Shares of the cleaning products maker rose more than 4% following the company’s first-quarter results. Clorox had adjusted earnings of 85 cents per share on revenue of $1.43 billion, compared to the expectations of analysts surveyed by LSEG of 79 cents per share and revenue of $1.43 billion. The company also reaffirmed its full-year outlook. Hims & Hers Health — The telemedicine company’s stock rose more than 6% after Hims & Hers beat third-quarter revenue estimates on enrollment growth and “personalized” care. However, profits were lower than expected. The company reported revenue of $599 million, beating analysts’ consensus estimates of $580 million. Himes & Hers’ profit was 6 cents per share, below analysts’ expectations of 10 cents per share. The Williams Companies — Shares of the energy company fell 3% after disappointing third-quarter results. The company, which operates the largest natural gas pipeline network in the United States, reported adjusted earnings of 49 cents per share, below the 51 cents per share expected by analysts surveyed by FactSet. However, sales for the fiscal year exceeded expectations. Shares of Upwork — an online marketplace that connects freelancers with job opportunities — rose nearly 14% after the company raised its 2025 revenue forecast following strong third-quarter results. The company reported non-GAAP earnings of 36 cents per share on revenue of $201.7 million in the latest quarter. Upwork now expects fourth-quarter revenue to be between $193 million and $198 million, and adjusted earnings should be between 31 cents and 33 cents per share. IAC — The company’s stock fell more than 7% after its artificial intelligence search summaries siphoned off website traffic and third-quarter revenue fell short of expectations. IAC, which operates websites such as People, said revenue fell 8% to $589.8 million, below LSEG’s forecast of $601.6 million. The company also lowered its 2025 adjusted EBITDA forecast. Lattice Semiconductor — Despite reporting better-than-expected third-quarter profits, the semiconductor company’s stock fell nearly 6%. Lattice earned an adjusted profit of 28 cents per share on revenue of $133.3 million. However, the prediction was disappointing. The company expects sales to increase 22% in the fourth quarter and expects adjusted earnings per share to be in the range of 30 cents to 34 cents. Both forecasts were below analyst consensus, according to FactSet. —Sean Conlon and Christina Cheddar Berk contributed reporting.
