Workday, CrowdStrike, Horizon and more

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CrowdStrike IPO on Nasdaq Exchange on June 12, 2019.

Source: Nasdaq

Take a look at the companies that are making headlines in business after business.

working day – The postmarket gained 6% on Tuesday after earnings topped and missed Wall Street estimates. The software vendor reported adjusted revenue of $1.6 billion on earnings of 99 cents per share, where analysts were expecting 84 cents per share and revenue of $1.59 billion for Refinitiv.

CrowdStrike — CrowdStrike Holdings plunged more than 18% after giving soft guidance for fourth-quarter earnings. For the quarter just ended, the results topped revenue and earnings expectations, with the cybersecurity provider posting adjusted earnings of 40 cents per share on revenue of $581 million, where analysts were expecting adjusted earnings of 31 cents per share on revenue of $574 million, per Refinitiv.

NetApp — NetApp stock fell 10.8% after the cloud services and data management provider saw weaker-than-expected revenue in its latest quarter. NetApp reported adjusted earnings per share of $1.48, beating estimates of $1.33. But its revenue of $1.66 billion fell short of the $1.68 billion Wall Street had expected. NetApp also provided weak forward guidance.

HP Enterprise — HP Enterprise rose 2.2% after beating earnings estimates on both the top and bottom lines. HPE posted adjusted earnings per share of 57 cents on $7.87 billion in revenue, beating Wall Street estimates of 56 cents and $7.42 billion, respectively, for Refinitiv.

AST Spacemobile — Shares of AST Spacemobile fell 10.7% after the satellite maker planned to sell $65 million in Class A common stock. The revenue will be used for general corporate purposes.

Horizon Therapeutics – The biotech surged 36% hours after Dow Jones announced it was fielding an $18 billion takeover interest in the biotech. Dow Jones cited unnamed people familiar with the matter.


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