After-Hours Movers: Flywire Jumps 13% and Skyworks Sinks 15% as Arista, Duolingo and Procore Rally
Nineteen names rose and 23 fell on earnings and guidance, with tech leading the gainers and cost, margin and outlook disappointments driving the biggest declines.
Stocks reacting to earnings and guidance after the close on Nov. 3 split into 19 gainers and 23 decliners. Flywire (FLYW) led the gains at +13.0%, followed by Procore (PCOR) at +11.6%, Duolingo (DUOL) at +11.3%, Ardelyx (ARDX) at +10.6% and Arista Networks (ANET) at +10.2%. Skyworks (SWKS) was the biggest decliner at -14.9%, ahead of Lime (LIME) at -10.8%, Freshworks (FRSH) at -10.6%, QuidelOrtho (QDEL) at -10.4% and Phoenix Education (PXED) at -10.2%.
Gainers
| Company | Move | Sector | What the results showed |
|---|---|---|---|
| Flywire (FLYW) | +13.0% | Industrials | Q3 revenue $250.3M, up 25.1%; full-year growth outlook raised |
| Procore Technologies (PCOR) | +11.6% | Information Technology | Q3 revenue $402.31M, up 18.7%; Q4 revenue guide $420M-$422M; $300M buyback (full report) |
| Duolingo (DUOL) | +11.3% | Information Technology | Daily users up 29% to 64.9M; bookings above guide; full-year bookings guide raised to $1.296B |
| Ardelyx (ARDX) | +10.6% | Health Care | IBSRELA sales up 23% to $96.3M; net loss of $0.7M; 2026 guidance reiterated |
| Arista Networks (ANET) | +10.2% | Information Technology | Q3 revenue $3.66B, up 58.5%; Q4 revenue guide $3.9B-$4.0B |
| Advanced Micro Devices (AMD) | +9.3% | Information Technology | Q3 revenue up 45% to $13.38B; Q4 guide above $17B (full report) |
| Super Micro Computer (SMCI) | +8.2% | Information Technology | Preannounced fiscal Q1 revenue of $18.5B-$19.5B on Oct. 20, versus a $14.5B-$15.5B guide |
| Block (XYZ) | +8.1% | Information Technology | - |
| Denali Therapeutics (DNLI) | +7.4% | Health Care | - |
| Par Pacific (PARR) | +6.9% | Energy | - |
| Navitas Semiconductor (NVTS) | +6.2% | Information Technology | - |
| Horace Mann (HMN) | +4.8% | Financials | - |
| Jack Henry (JKHY) | +4.3% | Information Technology | - |
| Astera Labs (ALAB) | +4.0% | Information Technology | - |
| Talos Energy (TALO) | +2.4% | Energy | - |
| Primoris Services (PRIM) | +1.6% | Industrials | - |
| Mirum Pharmaceuticals (MIRM) | +1.4% | Health Care | - |
| Everus (ECG) | +1.1% | Industrials | - |
| Omega Healthcare (OHI) | +1.0% | Real Estate | Q3 FFO $0.82; 2026 FFO outlook raised to $3.28-$3.30 (full report) |
Decliners
| Company | Move | Sector | What the results showed |
|---|---|---|---|
| Skyworks (SWKS) | -14.9% | Information Technology | Fiscal Q4 revenue $1.05B, down about 5%; fiscal Q1 guide $1.80B-$1.90B with smartphone sales seen falling |
| Lime (LIME) | -10.8% | Industrials | Q3 adjusted EBITDA $118.4M below its $120M-$130M guide; 2026 EBITDA guide cut to $253M-$255M |
| Freshworks (FRSH) | -10.6% | Information Technology | Q3 revenue $245.4M, up 14%; Q4 operating income guided to $68M-$70M versus $73.2M in Q3 |
| QuidelOrtho (QDEL) | -10.4% | Health Care | Q3 revenue down 11.6%; adjusted EPS $0.31 versus $0.80; 2026 EPS guide cut to $0.65-$0.70 |
| Phoenix Education (PXED) | -10.2% | Consumer Staples | Fiscal Q4 EPS $0.60 versus $0.46; fiscal 2027 revenue guide $970M-$1.0B, below fiscal 2026 |
| Unum Group (UNM) | -7.5% | Financials | - |
| Avis Budget (CAR) | -7.2% | Industrials | Q3 revenue $3.44B, down 2%; adjusted EBITDA $513M, down 8% |
| Red Rock Resorts (RRR) | -5.8% | Consumer Discretionary | - |
| Revolve Group (RVLV) | -5.8% | Consumer Discretionary | - |
| Ultragenyx (RARE) | -5.8% | Health Care | - |
| Marqeta (MQ) | -5.6% | Information Technology | - |
| Corcept Therapeutics (CORT) | -5.5% | Health Care | - |
| Huron Consulting (HURN) | -5.4% | Industrials | - |
| Toast (TOST) | -5.2% | Information Technology | - |
| SM Energy (SM) | -4.6% | Energy | - |
| GXO Logistics (GXO) | -2.7% | Industrials | Q3 adjusted EPS $0.89; 2026 outlook held (full report) |
| International Flavors & Fragrances (IFF) | -2.4% | Materials | - |
| Coupang (CPNG) | -2.2% | Consumer Discretionary | - |
| Amgen (AMGN) | -2.1% | Health Care | Q3 revenue $10.37B, up 8%; non-GAAP EPS $6.45; FDA asked Amgen to withdraw TAVNEOS |
| Mosaic (MOS) | -2.1% | Materials | - |
| Addus HomeCare (ADUS) | -2.0% | Health Care | - |
| Booking Holdings (BKNG) | -1.5% | Consumer Discretionary | Q3 room nights up 7%, gross bookings $54.5B, up 10%; Q4 room nights guided up 1% to 3% |
| Varonis Systems (VRNS) | -1.3% | Information Technology | - |
By our calculation, Information Technology supplied 9 of the 19 gainers and 5 of the 23 decliners. Moves are quoted from after-hours trading and can change before the open.
What stood out
- Beats with raised outlooks. Flywire, Duolingo and Procore each paired a revenue beat against their own guidance or consensus with a higher or above-consensus forward view. Arista topped its August guide for revenue by about 10.8% and guided the fourth quarter to $3.9 billion to $4.0 billion.
- Guidance did the damage. Skyworks, QuidelOrtho, Lime and Phoenix Education all cut or lowered forward numbers. Freshworks grew revenue 14% but guided fourth-quarter operating income below the third quarter.
- Large caps barely moved. Amgen, Booking and Coupang each moved less than 2.5% despite headline items such as the FDA request on TAVNEOS and Booking's fourth-quarter room night guide of 1% to 3%.
- Travel and mobility. Avis reported 2% lower revenue and 8% lower adjusted EBITDA, while Lime cut its EBITDA outlook after a record revenue quarter.
What to watch
- Wednesday open. Whether after-hours moves hold, especially for the 10%-plus gainers and decliners.
- Conference calls. Skyworks, Lime, Freshworks and QuidelOrtho management commentary on guidance.
- Flywire. The fourth-quarter growth guide of 14% to 20% against 26.0% in the third quarter.
- Related coverage. See the Week Ahead preview, our AMD report and the Nasdaq analysis.
Sources: Company results on SEC EDGAR for Flywire, Skyworks, Arista, Duolingo, Ardelyx, QuidelOrtho, Phoenix Education, Avis Budget, Booking, Amgen and Super Micro's October 20 update. After-hours moves come from market data and may differ by source. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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