A First Solar Inc. contractor is working on the Tenaska Imperial Solar Energy Center South project in Imperial County California.
Sam Hodgson | Bloomberg | Getty Images
Find out which companies are making headlines after the bell:
Dropbox – Shares in the data services company rose 13% in extended trading after the company announced solid fourth quarter financial results. The company exceeded earnings expectations in the quarter by 3 cents per share and the $ 446 million in revenue exceeded the $ 443 million expected by analysts, according to Refinitiv. During the outbreak, the shares briefly exceeded $ 21 per share, the price at which it sold shares during its initial public offering.
Fitbit – Shares of the wearable health care company fell 1% in extended trading after the company missed analyst expectations for higher and lower fourth quarter results. Fitbit reported a loss of 12 cents per share, excluding items on revenue of $ 502 million, while analysts expected profit of 3 cents per share on revenue of $ 523 million.
First Solar – Shares of the solar energy company fell nearly 15% during the extended trading period after the company announced poor fourth quarter and fiscal year financial results. First Solar announced revenue of $ 1.40 billion in the fourth quarter, while analysts expected $ 1.75 billion, according to Refinitiv. The company also made adjusted earnings for fiscal 2019 of $ 1.48 per share, which was well below the profit of $ 2.13 per share that analysts expected, according to Refinitiv.
Cabot Oil & Gas – The oil and gas company’s shares fell about 4% during the extended trading period after the company released its fourth quarter financial results. Cabot reported earnings per share of 30 cents, excluding items on earnings of $ 461.4 million. The profit met expectations, although analysts expected sales of $ 477.7 million, according to FactSet.
Sprint – The telecommunications provider’s shares climbed 5% in the extended trading period following the announcement of the latest T-Mobile merger. The two companies have agreed to amend their merger agreement to give Deutsche Telekom a slightly higher stake in the new company resulting from the combination. T-Mobile announced Thursday that it intends to close the merger before April 1. T-Mobile shares fell about 1% after hours.
Sprouts Farmers Markets – The shares of a health food store operator jumped 6% after the company announced higher than expected fourth quarter profits. Sprouts reported earnings per share of 27 cents while analysts expected earnings per share of 14 cents, according to Refinitiv. Revenues were in line with analysts’ estimates.
Texas Roadhouse – The restaurant chain’s shares were up 7% after the company beat up and down in the fourth quarter. The company reported earnings of 61 cents per share on revenues of $ 725 million in the quarter, while analysts expected earnings of 52 cents per share on revenues of $ 714 million, according to Refinitiv .
Jordan Novet and Alex Sherman of CNBC contributed to this article.