After-hours movers: Zscaler, Honeywell, Microchip Technology and more

After-Hours Stock Movers:

Zscaler (NASDAQ: ZS) fell 6.5% despite topping consensus estimates for the first quarter of the year, after it issued guidance that was in-line with estimates.

Honeywell (NASDAQ: HON) fell 3% after it lowered full year guidance due to impacts from an agreement with Bombardier. While the commercial agreement impacts near-term Honeywell financials, the company is confident it will lead to long-term value creation for Honeywell shareowners.

Microchip Technology (NASDAQ: MCHP) fell 3.3% after it said turns orders have been slower than anticipated and it now expects December 2024 revenue to be close to the low end of its original guidance which is $1.025 billion.

TransMedics Group (NASDAQ: TMDX) fell 9% after it announced the appointment of Mr. Gerardo Hernandez as the Company's Chief Financial Officer. TransMedics now expects revenue for the full year 2024 to be in the range of $428 million to $432 million, lower than the average analyst estimate.

Credo Technology Group Holding (NASDAQ: CRDO) rose 30% after it issued solid quarterly results and issued strong-than-expected guidance.

Janux Therapeutics (NASDAQ: JANX) rose 30% after it announced positive updated interim clinical data for its JANX007 clinical program.

You May Also Be Interested In

• WW International (WW), Lender Advisors Commence Talks - Bloomberg
• Stryker (SYK) commences tender offer for all outstanding shares of common stock of Inari Medical
• Lithium Americas Corp (LAC) August 2 puts active