WeChat mascots are displayed at the Tencent office in the TIT Creativity Industry Zone in Guangzhou, China on May 9, 2017.
Bobby Yip | Reuters
Check out the companies that are making the headlines in after-hours trading.
Tencent Music – Tencent Music stocks rose about 1% in expanded trading after the company beat earnings but narrowly missed revenue expectations for the second quarter. The company reported sales of $ 8.01 billion, compared with $ 8.13 billion expected by analysts surveyed by Refinitiv. The company made 66 cents per share with no items, while analysts were expecting 62 cents per share.
Roblox – The online video game platform stocks fell about 2% after the company missed revenue expectations in the second quarter. Roblox reported sales of $ 665 million compared to the $ 683 million surveyed by Refinitiv.
Porch Group – Porch Group’s shares rose more than 3% during expanded trading following the company’s second quarter results. The software name lost 17 cents per share on sales of $ 51.3 million. According to estimates by StreetAccount, analysts expected a loss of 18 cents on sales of 47 million US dollars.