After-Hours Stock Movers:

Rent the Runway (NASDAQ: RENT) 23% LOWER; reported Q2 EPS of ($0.53), $0.12 better than the analyst estimate of ($0.65). Revenue for the quarter came in at $76.5 million versus the consensus estimate of $73.57 million. Rent the Runway sees Q3 2022 revenue of $72-74 million, versus the consensus of $79.7 million. Rent the Runway sees FY2022 revenue of $285-290 million, versus the consensus of $303.84 million.

Planet Labs (NYSE: PL) 11% HIGHER; reported Q2 EPS of ($0.15), $0.01 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $48.5 million versus the consensus estimate of $42.4 million. Planet Labs sees Q3 2023 revenue of $45-48 million, versus the consensus of $46.6 million. Planet Labs sees FY2023 revenue of $182-190 million, versus the consensus of $182 million.

Catalyst Pharmaceuticals Inc. (NASDAQ: CPRX) 10% HIGHER; will replace Mantech International Corp. (NASDAQ: MANT) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, September 15.

Revance Therapeutics, Inc. (Nasdaq: RVNC) 7% LOWER; announced a proposed underwritten public offering of $150 million of its common stock.

Braze, Inc. (NASDAQ: BRZE) 5% LOWER; reported Q2 EPS of ($0.16), $0.04 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $86.1 million versus the consensus estimate of $81.16 million. Braze, Inc. sees Q3 2023 EPS of ($0.22)-($0.23), versus the consensus of ($0.20). Braze, Inc. sees Q3 2023 revenue of $90-91 million, versus the consensus of $90.3 million. Braze, Inc. sees FY2023 EPS of ($0.77)-($0.79), versus the consensus of ($0.80). Braze, Inc. sees FY2023 revenue of $347-350 million, versus the consensus of $346.83 million.

AppLovin (NASDAQ: APP) 3% HIGHER; announced that it does not intend to submit another proposal to combine with Unity Software Inc. (NYSE: U) and has withdrawn its initial proposal from August 9, 2022.

Unity Software Inc. (NYSE: U) 2% LOWER; AppLovin (NASDAQ: APP) announced that it does not intend to submit another proposal to combine with Unity Software Inc. (NYSE: U) and has withdrawn its initial proposal from August 9, 2022.

Peloton Interactive, Inc. (NASDAQ: PTON) 2% LOWER; accepted the resignations of John Foley as Executive Chair and Hisao Kushi as Chief Legal Officer, effective September 12, 2022 and October 3, 2022, respectively.

Oracle (NYSE: ORCL) 2% HIGHER; reported Q1 EPS of $1.03, $0.05 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $11.33 billion.