Disney store is seen in Times Square, Latest York City.
Nick Pfosi | Reuters
Take a look at the businesses making headlines after the bell Wednesday:
Walt Disney — Shares of the entertainment company jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the previous quarter. Subscriptions got here in at 152.1 million, above the expected 147.76 million in accordance with StreetAccount. Disney’s earnings per share and revenue also topped estimates.
Sonos — Shares of the wireless home sound system maker cratered greater than 19% after the corporate slashed its full-year guidance amid a difficult macro environment. Sonos’ earnings and revenue for the previous quarter also missed expectations.
Bumble — Bumble slumped greater than 13% after slashing its guidance for the complete yr despite a revenue beat for the previous quarter. The corporate cited inflation and foreign exchange headwinds amongst the explanations for the forecast cut.
Vacasa — The holiday rental management stock soared 42% on the back of an unexpected profit of two cents per share. Analysts had expected a lack of 20 cents per share, in accordance with Refinitiv. Vacasa also shared solid guidance for the present period.