Check out the companies making headlines in after-hours trading. Nvidia – Shares of the chip giant fell more than 3%. The company’s second-quarter results beat on the top and bottom lines, posting adjusted earnings of $1.05 per share and $46.74 billion in revenue. That’s compared with the $1.01 per share and $46.06 billion, respectively, that analysts surveyed by LSEG were anticipating. Data center revenue tallied $41.1 billion. Although that marked a 56% increase year over year, it missed the StreetAccount estimate of $41.34 billion. Snowflake – Shares jumped about 12% on the heels of the data cloud and artificial intelligence company posting better-than-expected second-quarter results. Snowflake earned 35 cents per share, after adjustments, on revenue of $1.14 billion, above the profit of 27 cents per share and $1.09 billion in revenue that analysts were expecting. Its third-quarter guidance was also upbeat. NetApp – The stock fell more than 6% after the intelligent data infrastructure company’s first-quarter results just barely beat expectations. The company earned $1.55 per share, excluding items, and $1.56 billion in revenue, while analysts were looking for $1.54 per share and $1.55 billion in revenue, according to LSEG. Its outlook was also roughly in line with analyst estimates. CrowdStrike Holdings – The cybersecurity provider tumbled almost 8% postmarket after its second-quarter non-GAAP operating margin reached 21.8%, down from 23.5% a year ago, according to FactSet. While second-quarter results topped Street estimates, CrowdStrike said third-quarter revenue would total $1.21 billion to $1.22 billion, lower than the LSEG consensus estimate of $1.23 billion. Urban Outfitters – The apparel retailer’s stock tumbled nearly 8% despite fiscal second-quarter results that were better than expected. The company earned $1.58 per share, or 10 cents more than Wall Street predicted. Revenue of $1.5 billion topped the $1.48 billion estimate, with growth at both its Free People and Anthropologie brands. Urban’s stock has climbed more than 42% year to date. Pure Storage – The data management company’s stock shot up more than 13% after fiscal second-quarter results solidly outpaced estimates. Pure Storage earned 43 cents per share, excluding items, on revenue of $861 million. Analysts surveyed by LSEG predicted the company would earn 39 cents per share on $847 million in revenue. Nutanix – The cloud computing company’s stock fell 5% despite reporting fiscal fourth-quarter results that topped estimates. Nutanix said it expects first-quarter revenue to be between $670 million and $680 million, compared with an LSEG estimate of $679 million. It projected revenue for the fiscal year of $2.9 billion to $2.94 billion, while analysts estimated $2.92 billion on average. — CNBC’s Christina Cheddar Berk and Scott Schnipper contributed reporting.
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 Budgetsmart.ai – All rights reserved.