By Katy Barnato
Coinbase $(COIN)$: The biggest cryptocurrency exchange in the U.S. reported a surge in quarterly revenue and profit, benefiting from a post-election rally. Nonetheless, shares fell in early premarket trading, having rallied 8% Thursday ahead of the results.
Airbnb $(ABNB)$: The online short-term rentals marketplace swung to a profit last quarter, while revenue topped expectations. The company said it aims to build more business in Asia and Latin America. Shares jumped 13% premarket.
Applied Materials $(AMAT)$: The semiconductor-equipment company logged higher-than-expected profit and revenue, but its sales outlook for the current quarter disappointed. Shares slid 5% before the bell.
Roku $(ROKU)$: The video-streaming company posted a narrower-than-expected loss, and revenue that topped forecasts, boosted by an increase in accounts and spending per household. Shares jumped 13% ahead of the open.
Palo Alto Networks (PANW): The cybersecurity company's adjusted quarterly earnings and revenue topped estimates. But its guidance disappointed investors, and shares fell 6% premarket.
Moderna $(MRNA)$: Shares of the biotechnology company rose 3% premarket ahead of its quarterly report, due Friday. In January, Moderna slashed its 2025 revenue forecast, as sales of Covid-19 and RSV vaccines remain sluggish.
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(END) Dow Jones Newswires
February 14, 2025 04:40 ET (09:40 GMT)
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