Finance

Stocks making the biggest moves after hours: Dell, Lululemon and MongoDB

Products You May Like

In this article

Ralph Orlowski | Getty Images

Check out the companies making headlines after hours.

MongoDB — Shares of the database software maker gained 5% in extended trading. MongoDB reported earnings of 93 cents per share, excluding items, on revenue totaling $423.8 million in the second quarter. That came in ahead of the earnings per share of 46 cents and $393 million in revenue expected by analysts polled by Refinitiv. 

Dell Technologies — Dell popped 7.7% after reporting second-quarter earnings that surpassed Wall Street’s expectations. The technology company reported earnings per share of $1.74, excluding items, and $22.93 billion in revenue, while analysts polled by Refinitiv expected earnings per share of $1.14 and $20.85 billion.

Broadcom — Shares of the semiconductor manufacturing company fell 4% after the company posted soft fiscal fourth-quarter guidance. The semiconductor company called for fourth-quarter revenue of $9.27 billion, while analysts polled by Refinitiv anticipated $9.275 billion.

VMware — The cloud services stock edged down 1.7%. VMware posted mixed earnings, coming out at earnings of $1.83 per share, excluding items, on revenue of $3.41 billion. Meanwhile, analysts polled by Refinitiv expected $1.71 in earnings per share and $3.46 billion in revenue.

Lululemon Athletica — Shares of the athletic apparel retailer gained nearly 2% Thursday after it reported sales and profits that beat Wall Street’s estimates. The company reported earnings per share of $2.68 and $2.21 billion in revenue for its fiscal second quarter, while analysts polled by Refinitiv expected $2.54 in earnings per share and $2.17 billion in revenue. Lululemon also said it now expects sales of $9.51 billion to $9.57 billion for the fiscal year.

Products You May Like

Articles You May Like

Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
More employers add 401(k) plan match for workers paying student loans
Eli Lilly’s Zepbound causes greater weight loss than Novo Nordisk’s Wegovy in head-to-head trial
Jaguar reveals ‘Type 00’ concept car, first under controversial new brand identity
Lululemon stock jumps as international growth helps to offset slowing U.S. sales

Leave a Reply

Your email address will not be published. Required fields are marked *