Sabela Ojea
Palantir Technologies Inc. on Monday said that it expects to end 2023 with an increase in revenue after posting a profit in its latest quarter for the first time. Shares of the software company increased 16% in after-hours trading.
Avis Budget Group Inc. reported that its fourth-quarter revenue increased 8% on leisure holiday travel and strength in its commercial business. Shares of the rental-car company climbed 5.1% in after-hours trading.
T2 Biosystems Inc. issued positive results of its U.S. clinical evaluation for the T2Biothreat Panel, a blood test that detects biothreat pathogens such as the bacterial infection melioidosis, which affects humans and animals, in between three to five hours. Shares dropped 7.1% in after-hours trading.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
February 13, 2023 18:25 ET (23:25 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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