After-hours movers: Snowflake, Zoom, Zuora

After-Hours Stock Movers:

Snowflake (NYSE: SNOW) fell 6% despite reporting second quarter results that beat estimates on the top and bottom line, after it issued lackluster guidance for the year. Management highlighted its great traction in the early stages of new AI products.

Zoom (NASDAQ: ZM) rose 4% after second quarter results beat analysts' estimates and it raised guidance. The company outperformed its guidance across the board and grew operating cash flow and free cash flow by 33.7% and 26.2% year over year, management noted.

Urban Outfitters (NASDAQ: URBN) fell 4% despite publishing second quarter results that beat consensus on the bottom line. Total Retail segment net sales increased 3.1%, with comparable Retail segment net sales increasing 2.0%.

SIGA Technologies (NASDAQ: SIGA) rose 6% after it announced a new contract with the U.S. Department of Defense for the procurement of approximately $9 million of TPOXX.

Zuora, Inc. (NYSE: ZUO) rose 10% after second quarter EPS and revenue beat estimates and it raised guidance.

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