Global Courant
The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021.
Tiffany Hagler-Geard | Bloomberg | Getty Images
Check out the businesses making headlines after hours.
DocuSign — DocuSign rose 5.6% in expanded trading after the electronic agreements firm beat analysts’ expectations for the first quarter on the top and bottom lines. DocuSign posted adjusted first-quarter earnings of 72 cents per share, beating consensus estimates of 56 cents, according to Refinitiv. It reported revenue of $661 million, beating expectations of $642 million.
Vail Resorts — Shares fell 3.9% after Vail Resorts fell short of Q3 earnings expectations. The mountain resort company posted earnings of $8.18 per share, while analysts polled by Refinitiv expected $8.84 per share. It reported revenue of $1.24 billion, lower than the $1.27 billion estimate.
General engines — General Motors rose 3% after CEO Mary Barra and Tesla CEO Elon Musk said the automaker, along with Ford Motor, will work with Tesla to leverage the electric vehicle maker’s charging network in North America. Tesla shares also rose 3% in extended trading.
Comtech Telecommunications — Shares fell 2.8% after Comtech Telecommunications reported third quarter fiscal results. The satellite communications company reported a GAAP loss of 33 cents per share, more than a year ago when it posted a loss of 6 cents per share. It slightly beat revenue expectations, reporting $136.3 million, compared to consensus estimates of $136 million, according to FactSet.
