The Docusign Inc. application available for download in the Apple App Store on a smartphone located in Dobbs Ferry, New York, USA, on Thursday, April 1, 2021.
Tiffany Hagler-Geard | Bloomberg | Getty Images
Check out the companies making headlines in extended trading.
Guidewire Software – Shares fell 2% in extended trading after the insurance software company reported fiscal first-quarter revenue would fall short of analysts’ estimates. Guidewire expects revenue of $197 million to $202 million, while analysts surveyed by FactSet expected $212.5 million.
Smartsheet – Shares of Smartsheet rose 6% after the work management software company beat analyst estimates for second-quarter earnings. The company reported adjusted 16 cents per share on revenue of $235.6 million, while analysts polled by FactSet forecast earnings of 7 cents per share and revenue of $229.6 million.
Planet Labs – Shares of the satellite imaging company fell more than 6% after Planet Labs fell short of analysts’ expectations in its latest quarterly report. Planet Labs reported a second-quarter loss of 14 cents per share on revenue of $53.8 million. Analysts polled by Refinitiv expected a loss of 8 cents per share on revenue of $54.1 million. The forecasts for the current quarter and the full year also remained below expectations.
DocuSign – Shares rose 3.6% after the electronic signature company outperformed in both revenue and profit in the second quarter. DocuSign reported adjusted 72 cents per share on $688 million. Analysts polled by Refinitiv forecast profit of 66 cents per share and revenue of $678 million.
RH – Shares fell nearly 8% after the luxury home furnishings company reported a weak outlook. According to Street Account, the company gave a lower-than-expected third-quarter operating margin forecast of 8% to 10%, while Wall Street expected 16.1%. Third-quarter revenue is expected to be between $740 million and $760 million, while analysts forecast $773 million.
VinFast – VinFast shares fell about 2% in after-hours trading. Although shares enjoyed a boost following the company’s Nasdaq debut in August, the stock’s rally has cooled significantly. Shares are on track to end the week down nearly 40%.
-CNBC’s Darla Mercado contributed reporting.
Source : www.cnbc.com