Check out the companies making headlines after the bell : Zoom Communications — The video conferencing company saw shares rising about 1% in extended trading after the firm shared its annual revenue forecast. The company now sees fiscal 2026 revenue between $4.80 billion and $4.81 billion, compared to analyst expectation of $4.79 billion, according to FactSet. Zoom also posted higher-than-expected adjusted earnings for the last quarter. Snowflake — The cloud-based data storage company’s stock surged more than 6% in after-hours trading after the company reported a solid first quarter. Adjusted earnings of 24 cents per share beat an LSEG estimate of 21 cents per share. Guidance for its second-quarter product revenue also topped Street expectations. Urban Outfitters — The apparel retailer saw shares soaring more than 9% in extended trading following a stronger-than-expected quarterly report. The firm posted an EPS of $1.16, beating a Street estimate of 84 cents, per LSEG. Revenue of $1.33 billion also came in higher than an estimate of $1.29 billion. Lumen Technologies – Shares of the communications company surged 15% after AT & T agreed to acquire substantially all of Lumen’s Mass Markets fiber internet connectivity business. The $5.75 billion deal is expected to close in the first half of 2026. AT & T shares were little changed.
Related Posts
The market is getting Dover’s earnings all wrong. Here’s what the sellers are missing
Dover shares fell Thursday despite reporting better-than-expected second quarter results and raising its full-year outlook. We think the market is misjudging…
SoftBank Vision Fund posts $4.8 billion gain to drive quarterly profit
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan,…
‘We’re all kind of in shock.’ Oracle projections analysts slackjawed
Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16,…