Here are the companies that deliver headlines after hour trading.
Snowflake – Software role Less than 6% in extended trade After the company announced its first quarter results after its initial public offering. The company reported a loss of $ 1.01 per share on revenue of $ 159.6 million, which reflects more than 100% year-over-year revenue growth.
CrowdStrike – The share of cybersecurity rose 12% after CrowdStrike dropped ratings in the third quarter of its fiscal year. The company reported 8 cents in adjusted revenue per share of $ 232.5 million in revenue. Refinitive analysts expect a small loss and $ 212.6 million in revenue.
PVH Corp – Shares of the apparel company rose nearly 5% after a stronger-than-expected third-quarter report. PVH recorded adjusted earnings of $ 1.32 per share on $ 2.12 billion in revenue. Analysts expect $ 0.24 per share and $ 2.00 billion in revenue.
Okta – Software stocks rose more than 5% after Okta’s third-quarter results beat Wall Street expectations. The company reported a 4 percent adjusted return on revenue of $ 214.7 million. Refinitive analysts expect the stock to lose 1 percent and return $ 202.8 million. The company also raised its full-year guidance.
XPO Logistics – Shipping and logistics company shares up about 2% after XPO management Announced a plan Rotate a part of the company. The company’s board approved the move, which would create a wholly-owned company from XPO’s logistics division. This maneuver will give XPO shareholders a tax deduction.
Shares of the Re-Netherlands-based technology company rose more than 6%, with the re-announcement of a much shorter second-quarter loss than expected. According to Factset, the company lost 3 coins adjusted per share, compared to the analyst estimates of 20 coins. Re-subscription and professional revenue results are also at the top of expectations.