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Electronic Environment Acquisition Corp (DWAC): Shares of DWAC, the SPAC that options to merge with former President Trump’s social media firm, rose 8% in extended investing adhering to reviews that Google is adding Truth of the matter Social to its Google Engage in Shop.
Applied Resources (AMAT): The chip company lowered its earnings forecast for the fourth quarter, in part owing to the new export curbs declared by the Biden administration. Used Materials now expects fourth-quarter modified earnings per share of $1.54 to $1.78, lacking the street’s estimate of $2.02 per share. Guidance for Fourth-quarter net revenue was revised decreased to somewhere around $6.4 billion, furthermore or minus $250 million. In a statement, the enterprise mentioned the revised outlook “reflects the effect of the new export restrictions partially offset by provide chain general performance improvements.” Shares declined in extended trading.
Duck Creek (DCT): Shares acquired after the software package participant issued upbeat steerage and beat on equally the top rated and base lines for its fiscal fourth quarter. Duck Creek posted altered earnings of 3 cents for each share on profits of $80.7 million, topping the street’s estimate of $73.2 million. Fourth Quarter Fiscal 2022 Membership income enhanced to $40.2 million, up 21% 12 months-around-yr.
Victoria’s Key (VSCO): Shares jumped additional than 3% soon after the business projected third-quarter functioning income will be at the best stop of its $10 million to $40 million guidance array. Victoria’s Key plans to element its strategic advancement system at an investor celebration on Thursday.
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