Lululemon, HR, Okta and more

People line up to enter a store during Black Friday shopping at Chicago Fashion Outlets in Rosemont in the Greater Chicago Area, Illinois, U.S. November 26, 2021.

Joel Lerner | Xinhua News Agency | Getty Images

Find out which companies are making headlines in extended trading.

Lululemon Athletica – Shares of the sportswear company gained about 1% following its quarterly financial results. Earnings and revenue beat Wall Street analysts’ estimates, boosted by growth online and in the retailer’s men’s division. The company also raised its outlook for fiscal 2022.

RH – The luxury home furnishings company saw its shares fall 2.2% from an initial spike just after reporting strong earnings and revenue for its latest quarter. Weighing the stock was a weak forecast for the entire year. He expects second-quarter revenue to decline 1% to 3%, against estimates of a 5% increase, according to Refinitiv.

Okta – The authentication and authorization services maker saw its stock jump 16% after reporting revenue of $415 million in its latest quarter, compared to an analyst estimate of $389 million . Its loss of 27 cents per share was lower than expected. Analysts estimated a loss of 34 cents per share, according to Refinitiv.

Asana – The work management platform Asana shares fell about 3.6% after the company said it expected a bigger-than-expected adjusted loss of 38 cents to 39 cents per share in the second trimester. A loss of 32 cents per share had been predicted. The company posted strong first-quarter revenue and a weaker-than-expected adjusted loss of 30 cents per share. It also released an optimistic revenue forecast.

CrowdStrike – Shares of the cloud computing company fell 3.7% despite CrowdStrike posting a pace in both earnings and revenue for its latest quarter.

Comments are closed.