Evolution Metals sales miss analyst estimate in Q2
Evolution Metals & Technologies Corp reported second-quarter loss of 2 cents per share, beating the 3-cent loss estimate, while quarterly sales of $1.636 million missed the $2.100 million consensus.
U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 150 points on Monday.
Shares of Evolution Metals & Technologies Corp (NASDAQ: EMAT ) fell sharply in pre-market trading following weak quarterly sales.
Evolution Metals & Technologies reported second-quarter losses of 2 cents per share which beat the analyst consensus estimate of losses of 3 cents per share.
The company reported quarterly sales of $1.636 million which missed the analyst consensus estimate of $2.100 million.
Evolution Metals & Technologies shares dipped 5.5% to $2.86 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
Barfresh Food Group Inc (NASDAQ: BRFH ) fell 24% to $1.46 in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 sales guidance below estimates.
Snap Inc (NYSE: SNAP ) shares dipped 14.6% to $4.62 in pre-market trading following a 2% gain on Friday.
Vicore Pharma Holding AB ADR (NASDAQ: VCRE ) shares declined 7.6% to $11.95 in pre-market trading after gaining 5% on Friday.
MINISO Group Holding Ltd — ADR (NYSE: MNSO ) fell 6.4% to $11.04 in pre-market trading.
MINISO Group will report June quarter and interim financial results on Aug.
28.
Icahn Enterprises LP (NASDAQ: IEP ) declined 6.2% to $6.96 in pre-market trading.
Icahn Enterprises recently posted mixed quarterly results.
Snap Inc (NYSE: SNAP ) dipped 6.1% to $5.08 in pre-market trading after gaining 2% on Friday.
Icahn Enterprises LP (NASDAQ: IEP ) declined 5.1% to $7.04 in pre-market trading.
Icahn Enterprises recently posted a second-quarter loss of 52 cents per share.
DHT Holdings Inc (NYSE: DHT ) fell 4.8% to $18.58 in pre-market trading.
Ross Stores Inc (NASDAQ: ROST ) declined 4.5% to $234.32 in pre-market trading.
Telsey Advisory Group analyst Dana Telsey, on Friday, maintained Ross Stores with an Outperform rating and raised the price target from $265 to $280.
Gevo Inc (NASDAQ: GEVO ) fell 4.1% to $1.62 in pre-market trading.
Gevo recently reported better-than-expected second-quarter financial results.
Agora Inc (NASDAQ: API ) fell 4.1% to $4.45 in pre-market trading.
Agora, last week, posted an increase in quarterly results.
Unusual Machines Inc (NYSE: UMAC ) fell 4% to $32.72 in pre-market trading after jumping 25% on Friday.
Photo via Shutterstock