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Investing.com - Guess? Inc (NYSE: GES) experienced a 2.1% decline in after-hours trading on Thursday, following the announcement of its Q1 earnings results.

The company reported losses of $0.27 per share, better than expected losses of $0.39 per share, while revenues came in at $592 million versus $576.57 million expected.

CEO Carlos Alberini expressed satisfaction with the Q1 results, commenting, "We delivered revenue growth of 4% in US dollars and 7% in constant... (continue reading...)

Investing.com -- Upcoming data on the Fed's preferred inflation gauge for April due Friday is set to grab all the headlines, and drive fresh speculation on the future path for interest rates but it will take more than just an in-line print to revived hopes of sooner rate cuts. 

The core price consumption index is expected to have slowed to a pace of 0.3% in April from 0.32% a month earlier, but it "wouldn't be enough of a decline to start the clock ticking toward a... (continue reading...)

Investing.com - Marvell Technology Inc (NASDAQ: MRVL) slipped 1.7% in after-hours trade on Thursday after the company announced its results for the first quarter of the fiscal year 2025.

The company reported earnings per share (EPS) at 24 cents, while revenues came in at $1.16 billion, marking a 12% year-on-year decline.

However, revenue figures still remained $11.0 million above the mid-point of the company's guidance provided earlier in March 2024.

Marvell's Chairman... (continue reading...)

Investing.com -- Costco reported Thursday mixed fiscal third-quarter results as earnings beat, but revenue missed Wall Street estimates.

Costco Wholesale Corp (NASDAQ: COST) fell 2% in afterhours trading.

The warehouse retailer reported fiscal Q3 earnings of $3.78 a diluted share on revenue of $58.52 billion, compared with estimates for $3.71 and revenue of $58.13 billion.

Comparable sales, including gas and currency changes, increased 6.6%, beating analyst expectations... (continue reading...)

Dell Technologies (NYSE: DELL) shares plummeted by 15% in afterhours Thursday trading following Q1 results.

The technology giant announced first-quarter revenue of $22.2 billion, a 6% increase from the same quarter last year, surpassing the consensus estimate of $21.65 billion.

The company's Infrastructure Solutions Group (ISG) was a standout performer, with revenue climbing 22% YoY to $9.2 billion, bolstered by a record 42% increase in servers and networking revenue,... (continue reading...)