The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021.
Tiffany Hagler-Geard | Bloomberg | Getty Images
Check out the companies making headlines after hours.
DocuSign — DocuSign rose 5.6% in extended trading after the e-contract company beat analysts’ expectations for first-quarter revenue and earnings. According to Refinitiv, DocuSign posted adjusted earnings of 72 cents per share in the first quarter, beating consensus estimates of 56 cents. It reported sales of $661 million, beating expectations of $642 million.
Vail Resorts — Shares fell 3.9% after Vail Resorts missed earnings expectations for the third quarter. The mountain resort company reported earnings of $8.18 per share, while analysts polled by Refinitiv had expected $8.84 per share. Revenue was $1.24 billion, below the estimate of $1.27 billion.
General Motors – General Motors rose 3% after CEO Mary Barra and Tesla CEO Elon Musk said the automaker, along with Ford Motor, will partner with Tesla to leverage the electric vehicle maker’s charging network in North America. Tesla shares were also up 3% in extended trading.
Comtech Telecommunications — Shares fell 2.8% after Comtech Telecommunications reported fiscal third-quarter results. The satellite communications company reported a GAAP loss of 33 cents per share, up from the year-ago period when it posted a loss of 6 cents per share. It slightly beat revenue expectations, according to FactSet, and reported $136.3 million compared to the consensus estimate of $136 million.