Check out the companies making headlines in a few hours. American Eagle Outfitters – Clothing retailers surged almost 24% in extended transactions. The American Eagle outfit surpassed expectations in the second quarter thanks to being called the “best” advertising campaign to date, thanks to a partnership with actress Sidney Sweeney. The company won 45 cents per share with revenues of $1.28 billion. Analysts voted by LSEG expected to earn 21 cents per share with revenue of $1.24 billion. Salesforce – Shares fell more than 4% after Salesforce issued third-quarter revenue guidance of $10.24 billion to $10.29 billion. Otherwise, the software company posted a beat in the second quarter, with adjusted earnings per share of $2.91 with revenue of $10.24 billion. Analysts voted by LSEG had expected a profit per share of $2.78 against $10.14 billion in revenue. C3.AI – The manufacturer of custom artificial intelligence applications for business fell almost 11% in post-hours trading, following fiscal first quarter adjustment losses that analysts estimate. The revenue was also insufficient. C3.AI has withdrawn its full-year forecast as it was appointed as a new CEO and restructured its sales and services organization. Asana – The shares of the work management company have collected more than 7% after Asana reported second quarter results that exceeded expectations. The company posted adjusted earnings of 6 cents per share against revenue of $197 million. Analysts surveyed by LSEG had predicted a 5-cent earnings per share against $193 million in revenue. Hewlett Packard Enterprise – Enterprise Information Technology Company fell by 2% even after reporting beats in the most recent quarter. Hewlett Packard Enterprise recorded third-quarter adjusted earnings of 44 cents per share against revenue of $9.14 billion. That surpasses the LSEG consensus anning estimate, with revenue of $8.53 billion at 43 cents per share. Gitlab – Shares fell approximately 6% after the web-based software development platform issued revenue guidance for the third quarter and full year. According to LSEG, Gitlab expects third quarter revenues to be between $238 million and $239 million, lower than the consensus estimate of $242 million. The company expects revenues of between $936 million and $942 million per year. Otherwise, Gitlab has surpassed expectations in the second quarter. It also announced that CFO Brian Robins will effectively resign on September 19th. Figma – Design Software stock fell 11% after reporting its first quarter results as a public company. Revenues rose 41% from the second quarter last year, but Figma also beat it per share. The company expects revenue for fiscal year 2025 to be between $1.02 billion and $1.03 billion, an average of $10.1 billion. PAGERDUTY – The SaaS-based digital operations software provider dropped a postmarket of 4% and fell the top full year revenue forecast as its third quarter guidance did not exceed Wall Street Analyst estimates.
Stocks that make the biggest move after business hours: AEO, CRM, AI, GTLB
