NVDA, CRM, CRWD, URBN and more
Check out the companies making headlines in after-hour trading. Nvidia — The artificial intelligence darling rose 4% after beating expectations on both lines in the second quarter and reporting that revenue more than doubled. Nvidia earned $2.22 per share after adjustments and $96.22 billion in revenue against analyst consensus estimates of $2.10 per share and $92.17 billion in revenue, according to LSEG. The company expects revenue to rise to $108 billion in the third quarter, also higher than expected. Salesforce — The maker of customer relationship management software soared 12% postmarket after reporting second-quarter revenue of $11.35 billion versus a consensus estimate among analysts of $11.32 billion, according to LSEG data. Earnings more than doubled from a year ago on an adjusted basis to $5.90 per share due to an investment gain. Salesforce would add 160 points to the Dow Jones Industrial Average on Thursday if the stock’s current gain holds. Okta – Shares surged 19% after the company’s second-quarter results exceeded analyst expectations. Okta reported adjusted earnings of $1.05 per share on revenue of $805 million for the quarter. That’s above the 97 cents in earnings per share and $795 million in revenue that analysts surveyed by LSEG had expected. The company also raised its earnings and revenue guidance for the full year. Agilent Technologies — The medical technology stock jumped 4% on a stronger-than-expected revenue report for its third quarter. Agilent said it brought in $1.88 billion in revenue, while analysts polled by FactSet forecast $1.84 billion, per FactSet. CrowdStrike Holdings — Shares increased 10% after the global cybersecurity company beat consensus on revenue and earnings per share. For the third-quarter guidance, the company’s earnings per share is in line with expectations while revenue projections are higher. Everpure — The storage provider’s stock rose about 2% after surpassing Wall Street’s second-quarter outlook. Everpure earned 70 cents a shares, excluding items, on $1.19 billion, compared with FactSet analyst estimates of 58 cents per share and $1.1 billion, respectively. Veeva Systems — The cloud solutions stock jumped 8% on a better-than-predicted second quarter when looking at both lines on a non-GAAP basis. Veeva also shared higher guidance than the Street penciled in for the current quarter and full year. Urban Outfitters — The retailer tumbled 3% despite reporting earnings and revenue in-line with consensus estimates for the second quarter, according to FactSet. The company’s adjusted earnings of $1.72 per share excluded one-time benefits from tariff refunds. Synopsys — The engineering solutions stock fell 2% despite raising its annual revenue and profit forecasts. The company expects revenue to be in the range of $9.69 billion to $9.74 billion. Earnings are expected to range between $15.04 and $15.10 per share after adjustments. — CNBC’s Scott Schnipper, Sean Conlon, Davis Giangiulio and Ananya Chetia contributed reporting
