Gaming giant Activision Blizzard is among the day’s big after-hours performers, overcoming the gaming sector slowdown to beat Wall Street revenue estimates. The company reported a revenue of $1.64 billion and $0.47 earnings per share. Aside from its strong financial performance, Activision Blizzard is also being closely monitored by investors due to Microsoft’s planned acquisition of the company for $68.7 billion. Currently, Microsoft is seeking the Federal Trade Commission’s approval in order to get the deal done.

Pinterest reported a respectable revenue increase of 9% to $666 million. Despite falling short of analysts’ expectations, the company has done well to cope with what has been a challenging climate for digital advertisers as of late. Pinterest’s global monthly active users decreased by 5% to 433 million during the same period.

Other strong performers include Avis Budget Group and ZoomInfo Technologies, reporting revenues of $778 million and $267.1 million respectively. Avis achieved a 37% year-on-year rise in revenue, while ZoomInfo beat analysts’ estimates with its earnings per share of $0.21.

The post Top Trending After-Hours Tickers Following August’s First Day Of Trading appeared first on theprimarymarket.com.

Gaming giant Activision Blizzard is among the day’s big after-hours performers, overcoming the gaming sector slowdown to beat Wall Street revenue estimates. The company reported a revenue of $1.64 billion and $0.47 earnings per share. Aside from its strong financial performance, Activision Blizzard is also being closely monitored by investors due to Microsoft’s planned acquisition of the company for $68.7 billion. Currently, Microsoft is seeking the Federal Trade Commission’s approval in order to get the deal done.

Pinterest reported a respectable revenue increase of 9% to $666 million. Despite falling short of analysts’ expectations, the company has done well to cope with what has been a challenging climate for digital advertisers as of late. Pinterest’s global monthly active users decreased by 5% to 433 million during the same period.

Other strong performers include Avis Budget Group and ZoomInfo Technologies, reporting revenues of $778 million and $267.1 million respectively. Avis achieved a 37% year-on-year rise in revenue, while ZoomInfo beat analysts’ estimates with its earnings per share of $0.21.

The post Top Trending After-Hours Tickers Following August’s First Day Of Trading appeared first on theprimarymarket.com.