Check out the companies that make headlines for transactions outside of business hours. Nvidia – Title giant stocks fell by more than 3%. The company’s second quarter results beat the top line and bottom line, listing adjusted earnings at $1.05 per share and revenues of $46.744 billion. This compares to the $1.01 and $46.06 billion per share, respectively, that analysts surveyed by LSEG expected. Datacenter revenues tallied $41.1 billion. It was up 56% year-on-year, but missed a StreetAccount estimate of $41.34 billion. Snowflake – Stocks rose about 12% as data cloud and artificial intelligence companies posted second-quarter results with better than expected. Snowflake surpassed its earnings of 27 cents per share, surpassing its earnings of $1.09 billion, earnings of 35 cents per share, surpassing its $1.09 billion forecast by analysts. The guidance for the third quarter was also bright. NetApp – Shares fell more than 6% after the first quarter results of Intelligent Data Infrastructure Company almost beat expectations. According to LSEG, the company won $1.55 per share and $156 billion excluding revenues of $1.56 billion, while analysts were looking for $1.54 per share and $1.55 billion in revenue. That outlook was largely in line with the analyst estimates. According to Crowdstrike Holdings – Factset, after the second quarter’s non-GAAP operating margin reached 21.8% and 21.8%, cybersecurity providers fell over the postmarket by around 8%. Although the results in the second quarter exceeded Street estimates, Crowdstrike said its third quarter revenues totaled between $1.21 billion and $1.22 billion. Urban Outfitters – Apparel retailer stocks fell almost 8% despite better than expected second-quarter results. The company earned $1.58 per share, or 10 cents more than Wall Street had predicted. The $1.5 billion revenues exceeded the $1.48 billion estimate, growing in both free people and anthropological brands. Urban stocks rose more than 42% a year. Pure Storage – The data management company’s stock rose more than 13% after its second quarter results exceeded solid estimates. Pure Storage earned 43 cents per share excluding items against revenue of $861 million. Analysts surveyed by LSEG predict the company will earn 39 cents per share with revenues of $847 million. Nutanix – Cloud Computing Company stocks fell 5% despite reporting fourth quarter results above estimates. Nutanix said it expects first quarter revenue to be between $670 million and $680 million, compared to LSEG’s estimates of $679 million. Fiscal year revenues were projected between $2.9 billion and $2.94 billion, with analysts estimated on average $2.92 billion. – Reported by CNBC’s Christina Cheddar Berk and Scott Schnipper.
NVDA, snow, CRWD, etc.
