Several companies stood out in after-hours trading, including CrowdStrike, Hewlett Packard Enterprise, Verint Systems, and Guidewire Software.
CrowdStrike, a cybersecurity company, saw a 7% increase after surpassing expectations for the first quarter. The company reported adjusted earnings of 93 cents per share and $921 million in revenue, beating estimates from analysts surveyed by LSEG.
Hewlett Packard Enterprise experienced an 11% rise in its stock price after exceeding financial expectations for the fiscal second quarter. The company reported adjusted earnings of 42 cents per share on $7.2 billion in revenue, surpassing analyst estimates.
Verint Systems, a customer interface platform, saw a 6.4% increase in its shares after releasing quarterly results that beat expectations. The company earned 59 cents in adjusted earnings per share and $221.3 million in revenue for the first quarter, outperforming forecasts from analysts.
Guidewire Software, a maker of software for insurance companies, rose 8% after raising its revenue forecast for the fiscal year. The company now expects revenue in the range of $968 million to $976 million, surpassing analyst projections. In its fiscal third quarter, Guidewire also exceeded expectations for revenue and results.
Overall, these companies showcased strong performance in after-hours trading, driven by better-than-expected financial results and raised guidance. Investors reacted positively to these developments, leading to increases in stock prices for CrowdStrike, Hewlett Packard Enterprise, Verint Systems, and Guidewire Software.
Article Source
https://www.cnbc.com/2024/06/04/stocks-making-the-biggest-moves-after-hours-crwd-hpe-vrnt.html
