After-hours movers: Palantir gains following results, PayPal falls

After-Hours Stock Movers:

Palantir (NYSE: PLTR) 23% HIGHER; reported Q1 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $525 million versus the consensus estimate of $505.82 million. Palantir sees Q2 2023 revenue of $528-532 million, versus the consensus of $536 million. Palantir sees FY2023 revenue of $2.19-2.24 billion, versus the consensus of $2.2 billion.

Enanta Pharma (NASDAQ: ENTA) 20% LOWER; reported "Positive" Topline Results from Phase 2 SPRINT Trial Evaluating EDP-235 in Standard Risk Patients with COVID-19

Lucid Group (NASDAQ: LCID) 9% LOWER; reported Q1 EPS of ($0.43), $0.04 worse than the analyst estimate of ($0.39). Revenue for the quarter came in at $149.4 million versus the consensus estimate of $199.35 million.

Skyworks Solutions (NASDAQ: SWKS) 8% LOWER; reported Q2 EPS of $2.02, in-line with the analyst estimate of $2.02. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.15 billion. Skyworks Solutions sees Q3 2023 EPS of $1.67, versus the consensus of $2.07. Skyworks Solutions sees Q3 2023 revenue of $1.05-1.09 billion, versus the consensus of $1.15 billion.

Premier, Inc. (NASDAQ: PINC) 7% HIGHER; announced that its Board of Directors is evaluating potential strategic alternatives to enhance value for stockholders.

PayPal (NASDAQ: PYPL) 5% LOWER; reported Q1 EPS of $1.17, $0.07 better than the analyst estimate of $1.10. Revenue for the quarter came in at $7.04 billion versus the consensus estimate of $6.98 billion. PayPal sees Q2 2023 EPS of $1.15-$1.17, versus the consensus of $1.17. PayPal sees FY2023 EPS of $4.95, versus the consensus of $4.88.

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