CrowdStrike IPO on the Nasdaq Stock Exchange on June 12, 2019.
Source: Nasdaq
Find out which companies are making headlines after hours.
Working day – Workday gained 6% post-market on Tuesday after earnings beat Wall Street estimates both up and down. The software provider reported adjusted earnings per share of 99 cents on $1.6 billion in revenue, as analysts expected adjusted earnings of 84 cents per share and $1.59 billion in revenue , by Refinitiv.
CrowdStrike – CrowdStrike Holdings plunged more than 18% after giving weak guidance for fourth-quarter revenue. In the just-ended quarter, results beat profit and revenue expectations, with the cybersecurity provider posting adjusted earnings per share of 40 cents on $581 million in revenue, as analysts s expected adjusted earnings of 31 cents per share on $574 million in revenue, per Refinitiv.
NetApp – NetApp stock fell 10.8% after the cloud services and data management provider posted weaker-than-expected revenue in its latest quarter. NetApp reported adjusted earnings per share of $1.48, beating estimates of $1.33. But its revenue of $1.66 billion is lower than the $1.68 billion forecast by Wall Street, according to Refinitiv. NetApp also issued weak forward guidance.
HP Company — HP Enterprise rose 2.2% after the company beat earnings estimates on both revenue and earnings. HPE’s adjusted earnings per share of 57 cents on $7.87 billion in revenue beat Wall Street estimates of 56 cents and $7.42 billion, respectively, by Refinitiv.
AST SpaceMobile – AST SpaceMobile shares fell 10.7% after the satellite maker planned to sell $65 million of Class A common stock. The proceeds will be used for general corporate purposes.
Therapeutic Horizon – Biotech jumped 36% after hours after Dow Jones announced the $18 billion biotech was of interest for a takeover. Dow Jones cited unnamed people familiar with the matter.