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 yuan, compared with 8.13 billion yuan that analysts surveyed by Refinitiv had expected.
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.
CORRECTION: This article has been updated to reflect that Tencent’s earnings results are in Chinese Yuan.
