After-Hours Stock Movers:
Sonos (NASDAQ:SONO) 20% LOWER; reported Q2 EPS of $0.04, $0.31 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $304.2 million versus the consensus estimate of $295.93M. Sonos sees FY2023 revenue of $1.625-1.675 billion, versus the consensus of $1.73B
CareDx (NASDAQ:CDNA) 13% LOWER; reported Q1 EPS of ($0.11), $0.21 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $77.26M versus the consensus estimate of $80.7M. CareDx is withdrawing 2023 revenue guidance at this time given a multitude of unknown variables related to the March and May 2023 Billing Article revisions.
Unity Software Inc (NYSE:U) 11% HIGHER; reported Q1 EPS of ($0.67), versus ($0.60) reported last year. Revenue for the quarter came in at $500M versus the consensus estimate of $481.46M. Unity Software Inc. sees Q2 2023 revenue of $510-520M, versus the consensus of $497M. Unity Software Inc. sees FY2023 revenue of $2-2.2B, versus the consensus of $2.13B.
Beyond Meat (NASDAQ:BYND) 9% HIGHER; reported Q1 EPS of ($0.92), $0.10 better than the analyst estimate of ($1.02). Revenue for the quarter came in at $92.2M versus the consensus estimate of $91.7M. Beyond Meat sees FY2023 revenue of $375-415M, versus the consensus of $390.5M.
Walt Disney (NYSE:DIS) 4% LOWER; reported Q2 EPS of $0.93, $0.02 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $21.82B versus the consensus estimate of $21.8B.