Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to FactSet. Zoom also posted higher-than-expected adjusted earnings for the last quarter. Snowflake — The cloud-based data storage company’s stock surged more than 6% in after-hours trading after the company reported a solid first quarter. Adjusted earnings of 24 cents per share beat an LSEG estimate of 21 cents per share. Guidance for its second-quarter product revenue also topped Street expectations. Urban Outfitters — The apparel retailer saw shares soaring more than 9% in extended trading following a stronger-than-expected quarterly report. The firm posted an EPS of $1.16, beating a Street estimate of 84 cents, per LSEG. Revenue of $1.33 billion also came in higher than an estimate of $1.29 billion. Lumen Technologies – Shares of the communications company surged 15% after AT & T agreed to acquire substantially all of Lumen’s Mass Markets fiber internet connectivity business. The $5.75 billion deal is expected to close in the first half of 2026. AT & T shares were little changed.
Post Comment