After-hours movers: Palantir gains following results, PayPal falls

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Palantir Technologies Inc (NYSE:PLTR) 23% HIGHER; reported Q1 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $525 million versus the consensus estimate of $505.82M. Palantir sees Q2 2023 revenue of $528-532M, versus the consensus of $536M. Palantir sees FY2023 revenue of $2.19-2.24 billion, versus the consensus of $2.2B.

Enanta Pharmaceuticals Inc (NASDAQ:ENTA20% LOWER; reported “Positive” topline results from Phase 2 SPRINT Trial Evaluating EDP-235 in Standard Risk Patients with COVID-19

Lucid Group Inc (NASDAQ:LCID) 9% LOWER; reported Q1 EPS of ($0.43), $0.04 worse than the analyst estimate of ($0.39). Revenue for the quarter came in at $149.4M versus the consensus estimate of $199.35M.

Skyworks Solutions (NASDAQ:SWKS) 8% LOWER; reported Q2 EPS of $2.02, in-line with the analyst estimate of $2.02. Revenue for the quarter came in at $1.15B versus the consensus estimate of $1.15B. Skyworks Solutions sees Q3 2023 EPS of $1.67, versus the consensus of $2.07. Skyworks Solutions sees Q3 2023 revenue of $1.05-1.09B, versus the consensus of $1.15B.

Premier Inc (NASDAQ:PINC7% HIGHER; announced that its Board of Directors is evaluating potential strategic alternatives to enhance value for stockholders.

PayPal (NASDAQ:PYPL) 5% LOWER; reported Q1 EPS of $1.17, $0.07 better than the analyst estimate of $1.10. Revenue for the quarter came in at $7.04B versus the consensus estimate of $6.98B. PayPal sees Q2 2023 EPS of $1.15-$1.17, versus the consensus of $1.17. PayPal sees FY2023 EPS of $4.95, versus the consensus of $4.88.