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News for India > Finance > Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and more
Finance

Stocks making the biggest moves after hours: Dell Technologies, Autodesk, Workday and more

Last updated: November 27, 2024 3:35 am
8 months ago
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Check out the companies making headlines in after-hours trading. Ambarella – Shares of the semiconductor design company soared 20% on the back of a rosy outlook. Ambarella is calling for fourth-quarter revenue of $76 million to $80 million, while analysts polled by LSEG anticipated $69 million. Third-quarter adjusted earnings and revenue also topped the Street’s expectations. CrowdStrike – Shares fell 3% after the cybersecurity company issued a disappointing fourth-quarter outlook . For the current quarter, CrowdStrike expects to earn between 84 cents and 86 cents per share, while the consensus estimate was 86 cents per share, per LSEG. However, third-quarter earnings and revenue topped Wall Street’s expectations. Dell Technologies – The stock tumbled more than 10% on the heels of the company posting weaker-than-expected revenue for the fiscal third quarter. Dell posted $24.37 billion for the period, which is lower than the $24.67 billion that analysts had penciled in, according to LSEG. Adjusted earnings, however, beat Wall Street’s expectations. HP – Shares slid 7% after the personal computing company offered weaker-than-expected earnings guidance for its fiscal 2025 first quarter. HP expects to earn between 70 cents and 76 cents, excluding items, while analysts polled by FactSet were anticipating 85 cents per share for the period. Autodesk – Shares tumbled more than 9% as the software company’s forecast failed to impress investors. Autodesk is calling for fourth-quarter earnings to range from $2.10 to $2.16 per share, excluding items, on revenue of $1.623 billion to $1.638 billion. Analysts polled by LSEG were looking for earnings of $2.12 per share and revenue of $1.62 billion. The company also named Janesh Moorjani as chief financial officer, effective Dec. 16. Urban Outfitters – Shares jumped 3% following the retailer’s better-than-expected third-quarter results. Urban Outfitters reported adjusted earnings of $1.10 per share on $1.36 billion in revenue, above the consensus estimate of 86 cents per share and $1.34 billion in revenue, per LSEG. Nutanix – The cloud infrastructure company saw its shares rise 5% after it offered upbeat guidance for the current quarter. Nutanix sees revenue ranging between $635 million and $645 million in the fiscal second quarter, while consensus estimates per LSEG anticipated $631 million. Workday – The stock slid 10% after the human resources software company announced that it sees its subscription revenues and its operating margin coming in lower-than-expected for the fourth quarter. Workday forecasted $2.025 billion in subscription revenues and an operating margin of 25% for the period, while analysts polled by StreetAccount estimated $2.04 billion in subscription revenues and an operating margin of 25.5%. Nordstrom – The clothing retailer slipped less than 1% after the company issued a modest sales forecast for the full year. Nordstrom sees revenue growth ranging from flat to 1% for the full year. That compares to an earlier guidance range that called for a decline of 1% to growth of 1%. Revenue for the third quarter topped analysts’ estimates, coming in at $3.46 billion, versus estimates for $3.35 billion, per LSEG. — CNBC’s Darla Mercado contributed reporting.



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