Let’s check out the companies that are becoming a hot topic for after-hours trading. MongoDB — Shares plunged 23% in extended trading. MongoDB said it expects first-quarter adjusted earnings per share of $1.15 to $1.19 and revenue of $659 million to $664 million. Analyst estimates compiled by LSEG were for first-quarter earnings of $1.21 per share and revenue of $662 million. Asana — Shares of the enterprise work management software platform fell more than 1% after the company announced disappointing guidance. Asana, which beat fourth-quarter expectations for revenue and bottom line, said it now expects first-quarter revenue to be between $202.5 million and $204.5 million, compared with the $204 million expected by analysts surveyed by LSEG. The company also expected full-year sales of between $850 million and $858 million, compared to an estimated $857 million. Plug Power — Plug Power reported strong sales in the fourth quarter, sending its stock price up more than 7%. Plug Power posted an adjusted loss of 6 cents per share in the period, more than the 10 cents per share loss expected by analysts surveyed by LSEG. The company’s sales were $225 million, exceeding expectations of $218 million. AST SpaceMobile — Shares of the satellite design company fell about 2% after the company posted a wider loss in the fourth quarter compared to the same period last year. Meanwhile, AST Space Mobile’s fourth-quarter revenue was $54.3 million, beating analysts’ expectations of $41.8 million, according to FactSet. Credo Technology — Shares fell 5% in after-hours trading after fourth-quarter non-GAAP gross margin estimates ranged from 64% to 66%, compared to LSEG’s consensus estimate of 65.1%. Credo, a provider of Ethernet connectivity solutions, reported third-quarter profit and revenue that beat analysts’ expectations. Dave — Shares of this fintech company soared 8% after Dave provided strong full-year guidance. Dave said he expects adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) to be between $290 million and $305 million, higher than the $252.7 million expected by analysts compiled by FactSet. Dave also guided for full-year sales of between $690 million and $710 million, significantly higher than the $637.6 million expected by analysts according to FactSet. Tidewater – Stock price rose 5%. Tidewater, a provider of marine service vessels to the energy industry, raised its full-year outlook. The company expects sales to be in the range of $1.43 billion to $1.48 billion, taking into account the acquisition of Wilson Sands UltraTug Offshore. This is up from the previous range of $1.32 billion to $1.37 billion. The outlook also beat the FactSet consensus call of $1.36 billion. Archer Aviation – developer of electric vertical take-off and landing aircraft, shares fell 4%. Archer expects first-quarter adjusted loss before interest, taxes, depreciation and amortization to be between $160 million and $180 million. This is larger than the FactSet consensus estimate of a loss of $112.1 million. — CNBC’s Darla Mercado contributed reporting.
