Shares transferring massive after hours: SI, CRM, SNOW, OKTA
Pedestrians close to Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023.
Marlena Sloss | Bloomberg | Getty Photos
Take a look at the businesses making headlines after the bell:
Salesforce — Salesforce shares popped greater than 16% in prolonged buying and selling after the software program firm surpassed analysts’ expectations for the fiscal fourth quarter, in response to Refinitiv. The corporate additionally shared stronger-than-expected steerage for the fiscal first quarter and full 12 months.
Silvergate Capital – Silvergate Capital shares plunged greater than 22% in prolonged buying and selling after the crypto-focused financial institution filed to delay its 10-Okay annual report.
Snowflake — Shares of Snowflake fell 7% regardless of posting a top-and-bottom line beat for the current quarter, in response to Refinitiv. The cloud firm shared lighter-than-expected product income steerage for the present interval. Snowflake additionally introduced a $2 billion buyback plan.
Okta — Okta shares rallied about 13% in prolonged buying and selling after topping expectations for the fourth quarter, in response to analysts surveyed by Refinitiv. The id administration firm additionally shared sturdy income and EPS steerage for the present interval, together with an sudden revenue. Full-year EPS steerage that got here in properly above expectations.
American Eagle Outfitters — The retail inventory jumped greater than 6% postmarket after beating analysts’ expectations for the vacation quarter, in response to Refinitiv. American Eagle Outfitters posted adjusted earnings of 37 cents a share on income of $1.50 billion.
Splunk – Splunk shares slipped 1% after the software program firm issued income steerage for the primary quarter and full 12 months that fell wanting analysts’ estimates, in response to FactSet. Individually, the corporate beat on the highest and backside strains for the fourth quarter.
Field – The cloud storage firm’s shares tumbled 9% after Field posted its newest quarterly outcomes. The corporate supplied weak steerage for the primary quarter. Nonetheless, Field beat analysts’ estimates on the highest and backside line for the fourth quarter, in response to Refinitiv.
Celsius Holdings — The power drink maker’s inventory slipped greater than 3% postmarket after sharing an sudden loss for the fourth quarter, in response to FactSet. Income additionally got here in lighter than anticipated.
Pure Storage — Shares of the information storage developer dropped practically 8% after hours after reporting fourth-quarter income that fell wanting analysts’ expectations, in response to FactSet. Full-year income development steerage additionally fell wanting what Wall Avenue anticipated.
Plug Energy – Shares of the hydrogen gasoline cell firm slipped 3%. Plug posted a per-share lack of $1.25 for the total 12 months, wider than the $1.10 per-share loss analysts anticipated, in response to FactSet.
— CNBC’s Darla Mercado contributed reporting