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.
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https://www.cnbc.com/2024/06/04/stocks-making-the-biggest-moves-after-hours-crwd-hpe-vrnt.html