Check out the companies making headlines in extended trading: DoorDash — Shares of the food delivery company fell 13% after its first-quarter report showed a wider-than-expected loss. 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 – Automotive Market Up 30% After First-Quarter Revenue exceeded expectations Street. Carvana reported revenue of $3.06 billion, well above the $2.67 billion consensus of analysts surveyed by LSEG. Freshworks — Shares of the software company fell 19%. Even though the first quarter beat expectations on both fronts, the California-based firm offered soft revenue guidance for the current quarter and full year. Freshworks forecast $168-$170 million for the second quarter and $695-$705 million for the full year, while analysts polled by FactSet expected $172.1 million in the three-month period and $708.3 million this year. Etsy – The online marketplace fell about 13%. Etsy reported adjusted earnings of 48 cents per share in the first quarter, while analysts polled by LSEG had forecast 49 cents per share. Revenue of $646 million was in line with expectations. eBay — The online retail platform fell 4% after its revenue forecast for the current quarter missed expectations. The company told investors its revenue would be between $2.49 billion and $2.54 billion, while analysts surveyed by LSEG were forecasting $2.56 billion. That dwarfed stronger-than-expected results from the previous quarter. Qualcomm — Shares rose more than 4% hours after the chip maker posted adjusted earnings of $2.44 per share for its latest quarter, beating analysts’ estimates of $2.32 per share, according to LSEG. The top end of Qualcomm’s revenue forecast for the current quarter came in above Street expectations as the company cited demand for smartphones that require cutting-edge chips. Schrödinger: The computing platform fell by 8%. The company reported a loss of 76 cents per share, wider than the 74 cents per share loss expected by analysts polled by FactSet. Revenue was $36.6 million, below the FactSet consensus of $42 million. Schrodinger also offered softer revenue guidance for the current quarter than analysts had forecast. CORVO — Weak forecasts for the first quarter of the fiscal year led to a fall of shares of the semiconductor company by 11%. Corvo forecast earnings of 60 cents to 80 cents per share, while analysts polled by FactSet expected $1.27 per share. However, the company beat revenue and profit in the fiscal fourth quarter. Envista — Shares of the dental products maker fell 3.8% after adjusted first-quarter earnings of 26 cents per share missed analysts’ consensus estimate of 32 cents, according to FactSet. Revenue of $623.6 million also missed estimates of $634.9 million. Openlane — Shares of the auto wholesaler fell nearly 16% on adjusted first-quarter earnings of 19 cents per share that missed the Street consensus estimate of 21 cent per share, according to FactSet. Revenue of $416.3 million fell short of analysts’ lowest estimate and fell short of the average estimate of $425.2 million. CH Robinson – Shares of the freight logistics and transportation services company rose 13% in response to first-quarter adjusted earnings in 86 cents per share versus analysts’ consensus estimate of 63 cents, according to FactSet. The result also beat the highest estimate on the street. Revenue exceeded analysts’ average estimate. — CNBC’s Jesse Pound, Tanaya Machil, Darla Mercado and Scott Schnipper contributed reporting.
