Trading in extended hours reflected a split reaction to Q1 results and guidance across a cross-section of growth and tech-related companies. Several issuers reported strong top-line performance or improved guidance, attracting buyer interest, while others saw share prices fall after earnings misses or conservative forward projections.
CoreWeave (CRWV): Shares in CoreWeave ticked up 0.5% despite the company missing on earnings. Reported EPS came in at ($1.40), versus a projected ($0.91). Revenue for the quarter totaled $2.08 billion, which outpaced analysts' forecasts of $1.97 billion and likely helped sustain investor interest in the name.
SoundHound AI (SOUN): SoundHound posted a first-quarter beat on both revenue and EPS but saw its stock fall 9%. The company reported revenue of $44.2 million and an EPS of ($0.06), both of which exceeded consensus estimates, yet the market reacted negatively following the release.
Toast (TOST): Toast shares declined 6% after the company missed earnings expectations. The firm reported EPS of $0.20 compared with the $0.27 analysts expected. Revenue matched forecasts at $1.63 billion, but the company provided conservative Q2 guidance for adjusted EBITDA, which may have weighed on sentiment.
Cloudflare (NET): Cloudflare slid 14% after giving Q2 revenue guidance that fell short of analysts' consensus despite posting a solid Q1 beat and raising its full-year outlook. Management guided Q2 revenue to a range of $644 million to $665 million, a near-term projection that investors focused on negatively.
JFrog Ltd. (FROG): JFrog shares rose 14% after delivering a strong quarter that combined a beat with raised guidance. The company reported $154 million in revenue and issued upbeat Q2 guidance that positioned earnings and revenue meaningfully above prior Wall Street estimates.
Affirm Holdings (AFRM): Affirm climbed 2.4% after reporting an EPS of $0.30, well ahead of the $0.17 estimate. The fintech also raised its full-year revenue outlook to a range of $4.175 billion to $4.205 billion, signaling continued consumer momentum in its business.
IREN Limited (IREN): IREN surged 20% after unveiling a major strategic partnership with NVIDIA to deploy 5 gigawatts of AI infrastructure. The agreement centers on using IREN's Texas data center as a flagship site for NVIDIA's DSX architecture, a move that catalyzed the stock's strong after-hours performance.
Akamai Technologies (AKAM): Akamai jumped 25% after meeting revenue expectations and slightly beating earnings estimates for the first quarter. Investors were encouraged by steady FY2026 guidance that includes revenue forecasted up to $4.55 billion.
The Trade Desk (TTD): The Trade Desk fell 13% after missing first-quarter earnings estimates and delivering soft revenue guidance for the next quarter. The company expects Q2 revenue of at least $750 million, trailing the consensus estimate of $772.4 million.
Rocket Lab USA (RKLB): Rocket Lab gained 5% following an announcement of its largest launch contract to date and a Q1 revenue beat. The multi-launch deal for Neutron and Electron rockets increased the company's total backlog to in excess of $2.2 billion.
Coinbase (COIN): Coinbase shares declined 5% after reporting Q1 revenue of $1.4 billion, below the $1.56 billion analysts expected. The company also reported a quarterly loss and provided a subscription and services revenue outlook for Q2 of $565 million to $645 million.
The post-close session illustrated how investor attention can pivot quickly from headline beats to forward-looking metrics. Companies that combined positive results with bullish guidance drew buying interest, while firms that either missed earnings or offered cautious near-term projections faced selling pressure.