After-Hours Movers: Block, DoorDash, Coinbase Gain Following EPS; PayPal Falls

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After-Hours Stock Movers:

Atlassian (NASDAQ:TEAM) 23% LOWER; reported Q1 EPS of $0.36, $0.04 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $807 million versus the consensus estimate of $806.35 million. Atlassian sees Q2 2023 revenue of $835-855 million, versus the consensus of $879 million.

Apellis Pharmaceuticals, Inc. (NASDAQ:APLS) 17% LOWER; plans to submit the 24-month efficacy data from the Phase 3 DERBY and OAKS studies as part of its application. As previously announced, these data showed robust and consistent effects with monthly and every-other-month pegcetacoplan treatment in both studies. The 24-month safety data were previously submitted as part of the 120-day update. The submission is planned for November 2022 and will be a Major Amendment to the NDA, extending the review period by three months with an expected Prescription Drug User Fee Act (PDUFA) target action date in February 2023.

Twilio (NYSE:TWLO) 16% LOWER; reported Q3 EPS of ($0.27), $0.12 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $983 million versus the consensus estimate of $973.34 million. Twilio sees Q4 2022 EPS of ($0.11)-($0.06), versus the consensus of ($0.12). Twilio sees Q4 2022 revenue of $0.995-1.005 billion, versus the consensus of $1.07 billion.

Cloudflare (NYSE:NET) 12% LOWER; reported Q3 EPS of $0.06, $0.06 better than the analyst estimate of $0.00. Revenue for the quarter came in at $253.9 million versus the consensus estimate of $250.63 million. Cloudflare sees Q4 2022 EPS of $0.04-$0.05, versus the consensus of $0.01. Cloudflare sees Q4 2022 revenue of $273.5-274.5 million, versus the consensus of $273.6 million. Cloudflare sees FY2022 EPS of $0.11-$0.12, versus the consensus of $0.03. Cloudflare sees FY2022 revenue of $974-975 million, versus the consensus of $971.34 million.

Block Inc (NYSE:SQ) 12% HIGHER; reported Q3 EPS of $0.42, $0.18 better than the analyst estimate of $0.24. Revenue for the quarter came in at $4.52 billion versus the consensus estimate of $4.52 billion.

DoorDash Inc (NYSE:DASH) 11% HIGHER; reported Q3 EPS of ($0.77), $0.22 worse than the analyst estimate of ($0.55). Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.62 billion.

PayPal (NASDAQ:PYPL) 7% LOWER; reported Q3 EPS of $1.08, $0.12 better than the analyst estimate of $0.96. Revenue for the quarter came in at $6.85 billion versus the consensus estimate of $6.82 billion. PayPal sees FY2022 EPS of $4.07-$4.08, versus the consensus of $3.93. PayPal sees FY2022 revenue of $27.5 billion, versus the consensus of $27.81 billion.

Illumina (NASDAQ:ILMN) 5% LOWER; reported Q3 EPS of $0.34, $0.05 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.12 billion.

Monster Beverage (NASDAQ:MNST) 5% HIGHER; reported Q3 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.66 billion.

Dropbox (NASDAQ:DBX) 3% HIGHER; reported Q3 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $591 million versus the consensus estimate of $586.15 million.

Starbucks (NASDAQ:SBUX) 2% HIGHER; reported Q4 EPS of $0.81, $0.08 better than the analyst estimate of $0.73. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.33 billion. Q4 Comparable Store Sales Up 7% Globally; Up 11% in the U.S. and Double Digits Internationally, excluding China