After-Hours Movers: BBBY Sinks as Cohen Confirms Stake Sale, Bill.com Jumps on EPS

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Bed Bath & Beyond (NASDAQ:BBBY) 42% LOWER; Ryan Cohen confirmed he liquidated his entire 9.5 million share stake.

Bill.com Holdings Inc (NYSE:BILL) 20% HIGHER; reported Q4 EPS of ($0.03), $0.11 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $200.2 million versus the consensus estimate of $183.16 million. Bill.com sees Q1 2023 EPS of $0.05-$0.07, versus the consensus of ($0.09). Bill.com sees Q1 2023 revenue of $208-211 million, versus the consensus of $187.6 million. Bill.com sees FY2023 EPS of $0.23-$0.38, versus the consensus of ($0.34). Bill.com sees FY2023 revenue of $955.5-973.5 million, versus the consensus of $879.7 million.

Microvast Holdings Inc (NASDAQ:MVST)18% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $8.00.

OSI Systems (NASDAQ:OSIS) 9% LOWER; reported Q4 EPS of $1.96, $0.01 better than the analyst estimate of $1.95. Revenue for the quarter came in at $337 million versus the consensus estimate of $336.4 million. OSI Systems sees FY2023 EPS of $6.02-$6.25. OSI Systems sees FY2023 revenue of $1.24-1.28 billion, versus the consensus of $1.18 billion.

Madison Square Garden Entertainment Corp (NYSE:MSGE) 7% HIGHER; the board of directors has authorized the company’s management to explore a potential spin-off that would create two companies – (1) a separately-traded public company comprised of its traditional live entertainment business and the MSG Networks business, and (2) the company’s MSG Sphere and Tao Group Hospitality businesses.

Applied Materials (NASDAQ:AMAT) 2% HIGHER; reported Q3 EPS of $1.94, $0.16 better than the analyst estimate of $1.78. Revenue for the quarter came in at $6.52 billion versus the consensus estimate of $6.27 billion. Applied Materials sees Q4 2022 EPS of $1.82-$2.18, versus the consensus of $1.94. Applied Materials sees Q4 2022 revenue of $6.65 billion, versus the consensus of $6.57 billion.