Stocks making the biggest moves after hours: CSCO, MCD, APP
Check out the companies making headlines after hours. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 7% after posting non-GAAP gross margin of 67.5%, a little below the 68.1% estimate, according to LSEG. Otherwise, Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. The stock is up 11% already this year. McDonald’s — The fast-food giant slipped less than 1% after it posted fourth-quarter earnings of $3.12 per share, on an adjusted basis, on revenues of $7.01 billion . That topped expectations of per-share earnings of $3.05 on revenues of $6.84 billion, according to analysts polled by LSEG. AppLovin — The mobile technology company slid more than 4% even after AppLovin beat profit and sales estimates, posting fourth-quarter earnings of $3.24 per share on revenues of $1.66 billion. Analysts polled by LSEG had expected EPS of $2.93 on revenues of $1.60 billion. AppLovin is already down 32% this year. Fastly — The cloud-computing stock rallied more than 28%. Guidance for full-year revenue came in at $700 million to $720 million, while analysts polled by LSEG sought $668 million. In the fourth quarter, the company posted adjusted earnings of 12 cents per share on revenues of $172.6 million. Analysts sought earnings of 6 cents a share and revenue of $161 million. Rollins — The pest control company tumbled more than 16% following a disappointing earnings report. Rollins posted GAAP earnings of 24 cents, below the 26 cents consensus estimate, according to FactSet. Revenue of $912.9 million came in below the forecasted $926.8 million. Paycom Software — The payrolls and human resources software provider slid nearly 7% after issuing revenue guidance in the range of $2.175 billion to $2.195 billion for the full year ending December 2026. That was much lower than the FactSet consensus estimate of $2.23 billion.
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