After-hours movers: Redfin gains on Apollo loan, Cadence Design falls following results

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© Reuters After-hours movers: Redfin gains on Apolo loan, Cadence Design falls following results

After-Hours Stock Movers:

TrueBlue Inc (NYSE:) 14% LOWER; Q3 EPS of $0.16, $0.08 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $473 million versus the consensus estimate of $488.91M.

Redfin Corporation (NASDAQ:) 9% HIGHER; announced that funds managed by Apollo Capital Management, L.P. and its affiliates have agreed to commit up to $250M of financing for Redfin in the form of a first lien term loan facility.

Medpace Holdings (NASDAQ:) 5% HIGHER; Q3 EPS of $2.22, $0.17 better than the analyst estimate of $2.05. Revenue for the quarter came in at $492.5M versus the consensus estimate of $475.79M. Medpace Holdings sees FY2023 EPS of $8.54-$8.66, versus the consensus of $8.65. Medpace Holdings sees FY2023 revenue of $1.87-1.89M, versus the consensus of $1.864M.

Cadence Design Systems (NASDAQ:) 4% LOWER; Q3 EPS of $1.26, $0.06 better than the analyst estimate of $1.20. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1B. Cadence Design Systems sees Q4 2023 EPS of $1.30-$1.36, versus the consensus of $1.37. Cadence Design Systems sees Q4 2023 revenue of $1.039-1.079B, versus the consensus of $1.072B. Cadence Design Systems sees FY2023 EPS of $5.07-$5.13, versus the consensus of $5.09. Cadence Design Systems sees FY2023 revenue of $4.06-4.1B, versus the consensus of $4.078B.

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