After-hours movers: Dell Technologies, Lululemon, MongoDB, Ulta Beauty

After-Hours Stock Movers:

Dell Technologies (NYSE: DELL) rose 7% after quarterly EPS and revenue topped consensus. Management said momentum for its Infrastructure Solutions Group was a significant tailwind.

lululemon athletica (NASDAQ: LULU) fell 4% after it lowered full year revenue guidance. It now expects net revenue to be in the range of $10.375 billion to $10.475 billion, representing growth of 8% to 9%.

Marvell Technology (NASDAQ: MRVL) rose 5% after reporting solid second quarter results and strong guidance for the third quarter. Its second quarter revenue grew 10% sequentially, above the mid-point of guidance driven by strong demand from AI.

MongoDB (NASDAQ: MDB) rose 15% after it published strong second quarter results, along with better than expected guidance. Management highlighted strong new workload acquisition and better-than-expected Atlas consumption trends.

Ulta Beauty (NASDAQ: ULTA) fell 7.5% after second quarter comparable sales decreased 1.2%. Management said it was encouraged by many positive indicators across its business, but second quarter performance did not meet expectations.

Elastic N.V. (NYSE: ESTC) fell 23% after it lowered full year revenue guidance.

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