Yahoo Finance Live’s Seana Smith highlights which stocks are making the biggest moves in after-hours trading.
JENNIFER SCHONBERGER: All right, Rochelle, let's take a look at some of these After-Hours Movers here. We have four stocks for you today; Cisco, Nvidia, Sonos, and Bath Body Works.
Let's kick it off with Cisco. You're looking at gains of just about 4% in extended trading, a beat here from the company on both the top and bottom lines. They also raised their full year guidance, they're now expecting full year revenue growth of about 4 and 1/2 to 6 and 1/2 percent. Some upbeat commentary from Cisco executive CEO Chuck Robbins, saying that fiscal 2023 is off to a good start. A couple of competitors to keep in mind, Juniper and Arista Networks are two names to watch tomorrow's trading, of course, could be lifted by these strong results here from Cisco, again, moving up just about 4%.
Flipping over to Nvidia. We're looking at gains of just about 2% here in extended trading. Revenue beat, but it was off 17% year over year. The data center gains of revenue there seems to be offsetting the miss that the company reported on EPS.
Data center revenue totaling $3.8 billion, that's up 31% from just a year ago. Gaming revenue also topped expectations, but putting it into perspective, it's actually off 51% from what it was a year ago. And when you take a look at the three month chart of NVIDIA you're looking at losses of just about 15%, year to date though, much different picture, still off about 46%.
Flipping over to Sonos and other movers here after hours, moving to the upside. Up just about 3%, the company reporting a narrower than expected loss of revenue, also topping Wall Street expectations. Revenue of forecast, full year revenue forecast was better than expected. The company also authorizing new stock repurchase program of up to $100 million.
Executives saying that, quote, "macro challenges have stabilized." Of course, that would be good news here for the company for the current quarter and then, of course, heading into 2023. Over the last three months we're looking at losses of just about 2% year to date, the stock sell off is 43%.
Take a look a Bath Body & Works, a huge gainer after hour shares up, just about 22%. Digging into these numbers, strong EPS guidance, that's the real story here. That profit forecast is the big driver in the action that we are seeing right now. Third quarter sales totaling $1.6 billion, adjusted EPS coming in at $0.40. Year to date we're looking at losses of just about 55%.
Over the past three months stock has been under a tremendous amount of pressure with it off just about 23%. Rochelle.