Stocks making the biggest moves after hours: Ulta Beauty, GitLab, Lululemon, Docusign and more
Take a look at the companies making headlines in after-hours trading.
Ulta Beauty
The beauty retailer rose 12% after posting better results in the fiscal third quarter. Ulta reported earnings of $5.14 per share and revenue of $2.53 billion. That beat analysts’ forecast for earnings of $4.54 per share and revenue of $2.5 billion, according to LSEG. The company also raised its full-year guidance.
GitLab
The developer tools software maker rose 6% after posting a significant profit increase for the third quarter. GitLab reported adjusted earnings of 23 cents per share on revenue of $196 million, beating the LSEG consensus estimate of 16 cents per share on revenue of $188 million. The company also announced a new CEO effective Thursday.
samsara
The software company’s share price fell 9% despite beating revenue and results estimates. Samsara’s adjusted third-quarter earnings of 7 cents per share beat analysts’ forecast of 4 cents per share, according to LSEG. Its quarterly revenue of $322 million also came in higher than the $311 million estimate. Samsara also provided fourth-quarter earnings guidance that topped Street expectations.
document signing
Shares of the electronic signature software company rose 15%. Docusign issued optimistic fourth-quarter revenue guidance, calling for a range of $758 million to $762 million, compared with analysts’ forecast of $756 million, according to LSEG. Third-quarter adjusted earnings and revenue also topped Street estimates.
Rubrik
Shares of the data security company rose 15% after the closing bell on a smaller-than-expected loss. Rubrik, which went public earlier this year, posted a loss of 21 cents per share, while analysts surveyed by LSEG expected a loss of 40 cents. Rubrik’s revenue of $236 million also beat consensus expectations of $218 million.
Hewlett Packard Company
Shares of the technology company rose 2% after beating fiscal fourth-quarter earnings. Hewlett Packard Enterprise reported adjusted earnings of 58 cents per share on revenue of $8.46 billion. Analysts surveyed by LSEG expected earnings of 56 cents per share and $8.26 billion in revenue.
Path to UI
Shares of the automation software company fell about 3%. UiPath expects fourth-quarter revenue guidance to range between $422 million and $427 million, while analysts surveyed by LSEG anticipated $424 million. However, third-quarter results exceeded analyst expectations overall and bottom-line.
Asana
Shares soared 19% after the work management software company posted a narrower adjusted loss than Wall Street expected. Asana’s third-quarter revenue of $184 million also beat analyst forecasts by $3 million, according to LSEG.
Lululemon Athletica
The sportswear maker posted a quarterly beat, sending its shares up more than 10%. Lululemon reported $2.87 per share in earnings on $2.40 billion in revenue, beating analysts’ forecast of $2.69 per share in earnings on $2.36 billion in revenue.
CNBC’s Darla Mercado contributed reporting.
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