Stocks surge after hours: TTWO, CSCO, SNPS

Check out the companies making headlines in the extended deal.

Take-Two . interactive software – Shares rose 8.1% on Wednesday during after-hours trading. The video game company reported $1.39 billion in adjusted revenue for its fiscal fourth quarter, beating analysts’ estimates of $1.34 billion, according to Refinitiv. Meanwhile, the company’s estimates for first-quarter and full-year bookings fell short of Wall Street’s expectations.

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Boot Barn organization – Shares of the cowboy boot company fell nearly 16% after revenue fell short of analysts’ expectations for the fourth fiscal quarter. Boot Barn reported earnings of $1.51 per share, excluding items on $425.7 million in revenue. Meanwhile, analysts polled by FactSet have expected earnings of $1.44 per share and revenue of $441.2 million. The boot retailer’s full-year guidance was also below analyst estimates.

summary — The software company’s stock rose 1.9% Wednesday night. According to FactSet, Synopsys earnings and revenue for the second fiscal quarter beat Wall Street expectations. The company reported revenue of $1.4 billion, while analysts estimated $1.38 billion. Synopsys also reported outstanding earnings of $2.54 per share, excluding items, above analyst estimates of $2.48 per share. Synopsys also offers full-year guidance on earnings and revenue growth.

Cisco system Shares fell nearly 4% despite the company reporting superior earnings and revenue for its fiscal third quarter. Cisco posted adjusted earnings of $1 per share and $14.57 billion in revenue. Analysts had estimated earnings of 97 cents per share and $14.39 billion in revenue, according to Refinitiv.


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