Check out the companies making headlines in after-hours trading. Palantir Technologies — Shares of Palantir rose 1% in extended trading after the software company reported quarterly results that beat Wall Street’s estimates , with government sales growing 52% from a year ago. Palantir earned 21 cents per share, after adjustments, on revenue of $1.18 billion for the period, while analysts polled by LSEG expected it to earn 17 cents per share on $1.09 billion in revenue. Palantir also gave better-than-expected fourth-quarter guidance as its commercial business, driven by its AI platform, continues to ramp up. Vertex Pharmaceuticals — The biotech stock lost 4% after it reported mixed third-quarter results. Vertex earned $4.80 per share, excluding items, on revenue of $3.08 billion. Although the company’s profit came out lower than the $4.58 per share estimate from analysts surveyed by FactSet, revenue beat the $3.06 billion forecast. Diamondback Energy — Diamondback Energy stock lost 2% in after-hours trading. The oil and gas company said it would sell its subsidiary Viper Energy’s non-Permian assets for $670 million in a transaction set to close in the first quarter of 2026. Diamondback also topped analysts’ consensus expectations, posting an adjusted third-quarter profit of $3.08 per share while analysts forecasted $2.93 per share, per LSEG. The company’s revenue of $3.92 billion for the period also exceeded analysts’ forecast of $3.52 billion. Clorox — Shares of the cleaning products manufacturer rose more than 4% following the company’s first-quarter results. Clorox posted adjusted earnings of 85 cents per share on revenue of $1.43 billion, while analysts surveyed by LSEG had estimated 79 cents per share and revenue of $1.40 billion. The company also reaffirmed its full-year guidance. Hims & Hers Health — Shares of the telehealth company jumped more than 6% after Hims & Hers beat third-quarter revenue expectations fueled by subscriber growth and “personalized” treatments. However, earnings fell short of estimates. The company reported $599 million in revenue, beating analysts’ consensus expectation of $580 million. Hims & Hers earned 6 cents per share, falling short of the 10 cents per share analyst estimate. The Williams Companies — The energy company’s stock moved lower by 3% on the back of disappointing third-quarter results. The company, which runs one of the largest natural gas pipeline networks in the U.S., posted adjusted earnings per share of 49 cents, falling short of the 51 cents per share expected by analysts polled by FactSet. Revenue for the period beat estimates, however. Upwork — Shares of the online marketplace, which connects freelancers to job opportunities, jumped nearly 14% after it raised its 2025 revenue forecast in the wake of strong third-quarter results. The company said it earned 36 cents per share, on a non-GAAP basis, on revenue of $201.7 million in the latest quarter. For the fourth quarter, Upwork now expects fourth-quarter revenue of between $193 million and $198 million, while profit should be between 31 cents and 33 cents per share after adjustments. IAC — The publisher’s stock fell more than 7% as artificial intelligence search summaries siphoned off website traffic and third-quarter revenue fell short of estimates. IAC, which owns People and other websites, said revenue fell 8% to $589.8 million, shy of the $601.6 million estimate from LSEG. The company also lowered its 2025 adjusted EBITDA estimate. — Sean Conlon and Christina Cheddar Berk contributed reporting.
