Market Insider

Pedestrians walk past a Gap Inc. store in Shanghai, China.
Qilai Shen | Bloomberg | Getty Images

Check out the companies making headlines in extended trading.

Affirm — The buy-now-pay-later darling’s shares slid nearly 14% after hours when it reported a bigger-than-expected quarterly loss of 65 cents per share, according to Refinitiv. It also issued weak revenue guidance for its fiscal first quarter and full year.

Ulta Beauty — The beauty retailer’s stock climbed more than 3% in extended trading after it reported earnings for the most recent quarter that beat estimates by 70 cents per share, according to Refinitiv. Ulta also raised its full-year earnings and revenue guidance.

Gap — The clothing retailer rallied 10% in late trading after posting a quarterly profit, excluding one-time items, of 8 cents per share. Its revenue came in at $3.86 billion, 8% below the prior year but greater than estimates of $3.82 billion, according to Refinitiv.

Workday — The cloud vendor’s shares jumped almost 12% after it posted better-than-expected earnings and revenue for its most recent quarter, according to Refinitiv. The company also reaffirmed its full-year guidance, though it’s not comparable to estimates due to subscription revenues.

Marvell Technology — The chipmaker’s shares slipped about 3% despite a quarterly earnings beat. The company issued slightly weaker-than-expected earnings and revenue guidance for the third quarter, according to Refinitiv consensus estimates.

Articles You May Like

Data centers powering artificial intelligence could use more electricity than entire cities
Want Unsurpassed Results in 2025? Follow Elon Musk’s Lead
Small Caps: Unexpected Outperformance Could Drive Gains in a Hurry
Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
These economists say artificial intelligence can narrow U.S. deficits by improving health care