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Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

·2 mins

Companies Making Headlines in Extended Trading

Salesforce’s shares fell over 14% as their first-quarter revenue of $9.13 billion missed consensus estimates. However, their adjusted earnings per share of $2.44 beat expectations. The company’s current-quarter guidance fell below estimates on both the top and bottom lines.

UiPath’s stock plummeted 30% after the announcement that their CEO, Rob Enslin, will resign. Daniel Dines, the former CEO and current chief innovation officer, will return to lead the company.

HP Inc. saw a 3% rise in its stock as their fiscal second-quarter earnings surpassed analysts’ estimates.

Pure Storage’s shares rose 1% following better-than-expected fiscal first-quarter earnings. The company reported adjusted earnings per share of 32 cents on revenue of $693.5 million.

Okta’s stock increased nearly 2% as their first-quarter revenue beat analyst estimates. The company’s second-quarter revenue guidance also exceeded expectations.

Capri, the fashion group that owns Versace and Jimmy Choo, experienced a 3% drop in shares after their fiscal fourth-quarter results fell below estimates due to softening demand for luxury goods and a slowdown in Asia. saw an 8% increase in its stock after reporting quarterly results above estimates. The company’s full-year revenue forecasts also surpassed expectations.

American Eagle Outfitters’ shares declined almost 6% as the clothing retailer’s Q1 revenue missed estimates, despite beating earnings expectations. Their full-year revenue guidance was lower than forecasted.

Agilent Technologies’ stock tumbled 14% as the life sciences company lowered its full-year earnings and revenue guidance. While their fiscal second-quarter earnings exceeded estimates, revenue narrowly missed expectations.

Nutanix’s shares fell 14% after the company issued a lower fiscal fourth-quarter revenue forecast and revised their full-year revenue guidance downwards.