Pedestrians stroll previous a Gap Inc. retailer in Shanghai, China.
Qilai Shen | Bloomberg | Getty Images
Check out the businesses making headlines in prolonged buying and selling.
Affirm — The buy-now-pay-later darling’s shares slid practically 14% after hours when it reported a bigger-than-expected quarterly lack of 65 cents per share, based on Refinitiv. It additionally issued weak income steering for its fiscal first quarter and full 12 months.
Ulta Beauty — The magnificence retailer’s inventory climbed greater than 3% in prolonged buying and selling after it reported earnings for the latest quarter that beat estimates by 70 cents per share, based on Refinitiv. Ulta additionally raised its full-year earnings and income steering.
Gap — The clothes retailer rallied 10% in late buying and selling after posting a quarterly profit, excluding one-time items, of 8 cents per share. Its income got here in at $3.86 billion, 8% beneath the prior 12 months however better than estimates of $3.82 billion, based on Refinitiv.
Workday — The cloud vendor’s shares jumped nearly 12% after it posted better-than-expected earnings and income for its most up-to-date quarter, based on Refinitiv. The firm additionally reaffirmed its full-year steering, although it is not akin to estimates attributable to subscription revenues.
Marvell Technology — The chipmaker’s shares slipped about 3% regardless of a quarterly earnings beat. The firm issued barely weaker-than-expected earnings and income steering for the third quarter, based on Refinitiv consensus estimates.