By Ben Glickman
Real Good Foods’ preliminary third-quarter sales were lower than its earlier forecasts as it dealt with higher-than-expected consumption in the quarter that it could not keep up with. The frozen-foods company lowered its outlook for next quarter’s sales as well. Shares fall 15% to $2.63 after-hours.
Silk Road Medical lowered its full-year revenue guidance following third-quarter results. Based on preliminary financial results, the company’s revenue missed analysts’ forecasts, according to FactSet. Shares drop 31% to $9.60 after-hours.
E2open Parents Holdings posted a wider-than-expected loss and lower revenue in the second quarter. The software as a service company also reduced its fiscal 2024 revenue forecast as it named a new interim chief executive. Shares tumble 13% to $3.80 after-hours.
Write to Ben Glickman at [email protected]
Read the full article here
