Stocks with the Biggest Moves in After Hours: T-Mobile, Dropbox, Groupon, Zillow, Uber, Stamp.com

T-Mobile: Shares of T-Mobile rose 5% in after-hours trading after the wireless company released results for its second-quarter earnings. T-Mobile (TMUS) reported earnings per share of 9 cents on revenue of $17.67 billion, topping Wall Street’s estimates. Data from Refinitiv showed estimates of 7 cents per share of revenue of $17.61 billion. The company said its increased customer base and Sprint merger both contributed to the company’s growth in the last quarter, causing it to overtake AT&T as the second-largest wireless provider in the United States.

Dropbox: Shares of Dropbox (DBX) fell 6% during after-hours trading regardless of topping analysts’ estimates for the fiscal second-quarter results. The data services company reported earnings per share of 22 cents on revenue of $467 million, topping analysts’ expectations of 17 cents per share on revenue of $465 million. According to Dropbox, its revenue was up 16% on a YOY basis.

Groupon: Groupon (GRPN) saw a 37% rise in its stock in extended hours. The percentage increase came after the company reported its second-quarter earnings result. The company said it was able to deliver over $70 million in free cash flow due to its cost-cutting actions during the last two quarters of the year. According to FactSet Groupon posted a loss of 93 cents per share on revenue of $396 million, compared to analysts’ estimates of $2.75 per share on $183.3 million revenue.

Zillow: Shares of Zillow (Z) rose 11% in extended trading after the company posted its second-quarter earnings results, which topped analysts’ estimates. The real estate information company posted revenue of $768 million, topping estimates of $615 million. In the statement following the second-quarter earnings report, Zillow’s CEO Rich Barton said the “second-quarter results are even better than we [Zillow] hoped, and frim up our belief that powerful tailwinds in both real estate and technology are rapidly converging, with Zillow at the nexus.”

Uber: Shares of Uber (UBER) dropped 3% after the market closed. The cab-hailing company posted a loss of $1.02 per share on revenue of $2.24 billion, in the second quarter. The loss was wider-than-expected, with an estimate of 86 cents loss per share on revenue of $2.18 billion. Uber’s revenue was 29% down from the same period a year ago, due to the impact of the COVID-19 pandemic on its business.

Stamps.com: Shares of Stamp.com Inc (STMP). soared in extended trading hours after the company reported its second-quarter results, topping Wall Street’s estimates. The internet-based mailing and shipping service posted earnings of $2.73 per share on revenue of $51.7 million, compared to analysts’ estimates of 79 cents per share on revenue of $14 million, according to FactSet.