The logo for Salesforce is displayed on the Salesforce Tower in Unique York Metropolis on March 7, 2019.
Brendan Mcdermid | Reuters
Have a like a look at the companies making headlines in prolonged trading:
Salesforce — Shares plunged better than 14% after first-quarter income of $9.13 billion uncared for consensus estimates of $9.17 billion, in preserving with LSEG. Adjusted earnings of $2.44 per part beat a consensus estimate of $2.38, nonetheless recent-quarter guidance fell under estimates on each and each top and bottom strains.
UiPath — The tool company tanked 30% after announcing its CEO Rob Enslin will resign, effective June 1. He’ll moreover be stepping down from the board of directors. Daniel Dines, outdated CEO of UiPath and up-to-the-minute chief innovation officer, will return to the helm.
HP Inc. — The manufacturer of non-public computers rose 3%. HP posted adjusted earnings of 82 cents per part on income of $12.8 billion in its fiscal second quarter, above analysts’ estimates of 81 cents a part and income of $12.6 billion, in preserving with LSEG.
Pure Storage — The tool company rose 1% on better-than-anticipated fiscal first-quarter earnings. Pure Storage posted 32 cents a part in adjusted earnings on $693.5 million in income. Analysts surveyed by LSEG had forecast 21 cents a part on income of $681 million.
Okta — The digital identification verification company added nearly 2% after top- and bottom-line numbers topped analysts’ estimates in the first quarter. Okta’s second-quarter income guidance vary of $631 million to $633 million moreover beat the consensus estimate for $616 million, in preserving with LSEG records.
Capri — The Versace and Jimmy Choo style community shed 3% after fiscal fourth-quarter results uncared for analysts’ estimates. Capri reported adjusted earnings of 42 cents a part, while analysts had estimated 65 cents, in preserving with LSEG. Income of $1.22 billion moreover uncared for forecasts of $1.30 billion. Management cited softening question for luxurious items and a slowdown in Asia.
C3.ai — Shares of the substitute intelligence tool company climbed better than 8% after reporting quarterly results above estimates. C3.ai lost an adjusted 11 cents per part on $86.6 million in income. Consensus estimates had called for an absence of 30 cents on income of $84.4 million, in preserving with LSEG. Corpulent-365 days income forecasts moreover beat estimates.
American Eagle Outfitters — Shares pulled aid nearly 6% after the clothing retailer’s first-quarter income uncared for estimates and it issued extinct forward guidance. American Eagle Outfitters reported $1.14 billion in income, lower than the frequent analyst estimate of $1.15 billion, in preserving with LSEG records. Earnings beat estimates, nonetheless rotund-365 days income guidance became in an expansion of two% to 4%, in comparison with forecasts for 3.4%.
Agilent Applied sciences — The existence sciences company tumbled 14% after lowering rotund-365 days earnings and income guidance. Agilent guided for earnings per part between $5.15 and $5.25 versus earlier guidance of $5.44 to $5.55, in preserving with FactSet. Income guidance became moreover pulled aid to between $6.42 billion and $6.50 billion, in comparison with prior guidance in an expansion of $6.71 billion to $6.81 billion. Meanwhile, fiscal second-quarter earnings topped estimates, while income narrowly fell under the consensus estimate.
Nutanix — The cloud computing company tumbled 14% after issuing its fiscal fourth-quarter income forecast of $530 million to $540 million that uncared for analysts’ estimates of $546 million. Corpulent-365 days income guidance of $2.13 billion to $2.14 billion in comparison with prior forecasts of $2.12 billion to $2.15 billion, and consensus estimates of $2.14 billion, per FactSet.
— CNBC’s Darla Mercado contributed reporting.
