Check out the companies making headlines in the advanced commerce space. Yelp — Shares of the restaurant review site fell 6% after Yelp issued weak second-quarter revenue guidance. The company reported first-quarter earnings of 20 cents per share, beating analysts’ estimates of 6 cents per share at LSEG. However, revenue for the period was in line with expectations and amounted to $333 million. Sweetgreen — The salad chain rose 5% after Sweetgreen reported first-quarter revenue of $158 million, beating the LSEG consensus estimate of $152 million. Revenue was not immediately comparable to estimates. Akamai Technologies — Shares of the cloud company fell nearly 9% amid weak second-quarter guidance. Akamai forecast adjusted earnings of $1.51 to $1.56 per share on revenue of $967 million to $986 million. Analysts surveyed by LSEG forecast earnings of $1.63 per share and revenue of $1 billion. Array Technologies – Technology provider for Solar energy tracking jumped 8%. Array’s first-quarter adjusted earnings were 6 cents per share on revenue of $153.4 million. Analysts polled by FactSet forecast a loss of 4 cents per share on revenue of $141.2 million. Dropbox — Shares rose 2.5% after Dropbox beat first-quarter revenue and profit expectations. The cloud storage company reported adjusted earnings of 58 cents per share on revenue of $631 million. Analysts polled by LSEG expected earnings per share of 50 cents on revenue of $629 million. Insulet — Shares of the medical device company fell 5% even after Insulet reported first-quarter earnings and revenue that beat expectations. Insulet reported earnings of 73 cents per share, beating the FactSet consensus estimate of 40 cents per share. Revenue of $441.7 million was higher than the $424.1 million expected. Unity Software — Shares of the video game software developer fell 2%. Unity Software reported a first-quarter loss of 75 cents per share, wider than the 63 cents per share loss expected by analysts polled by LSEG. On the other hand, revenue of $460 million topped the consensus estimate of $432 million. Gen Digital, a cybersecurity software name, jumped about 5%. Gen Digital, which owns LifeLock and Norton, reported fiscal fourth-quarter adjusted earnings of 53 cents, reflecting growth of 15% year-over-year, on revenue of $967 million, up 2%. — CNBC’s Darla Mercado contributed reporting.
