After-hours movers: Salesforce, Snowflake jump on strong results
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After-Hours Stock Movers:
Pure Storage, Inc. (NYSE: PSTG) 14% LOWER; beat on the top and bottom line for its third quarter but issued fourth quarter revenue guidance well below the Street.
Nutanix (NASDAQ: NTNX) 8% HIGHER; beat on the top and bottom line in its first quarter and issued bullish second quarter and full year revenue guidance.
Salesforce (NYSE: CRM) 7% HIGHER; beat on earnings in its third quarter and provided better-than-expected fourth quarter and full-year guidance.
Snowflake (NYSE: SNOW) 7% HIGHER; beat on the top and bottom line in the third quarter and issued strong fourth quarter product revenue
Zuora, Inc. (NYSE: ZUO) 7% HIGHER; beat earnings and revenue for its third quarter.
PVH Corp. (NYSE: PVH) 5% LOWER; third quarter revenue missed consensus while earnings beat. The company also sees fourth quarter EPS below consensus on a 3-4% drop in revenue.
Synopsys (NASDAQ: SNPS) 2% HIGHER; beat on the top and bottom line for its fourth quarter and issued better-than-expected Q1 and FY guidance.
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