Check out the companies making headlines in after-hours trading: Marvell Technology — Shares of the semiconductor solutions provider plunged about 13%. In the fiscal fourth quarter, Marvell reported adjusted earnings of 60 cents per share on revenue of $1.82 billion, while analysts polled by LSEG forecast earnings of 59 cents per share on revenue of $1.80 billion. The company also offered guidance for the first quarter that was just slightly higher than estimates. Shares of chipmakers Broadcom and Micron Technology also slid in sympathy. Zscaler — Shares of the cloud security company jumped 4% on the back of its strong quarterly financials. For its fiscal second quarter, Zscaler reported 78 cents per share in adjusted earnings on revenue of $648 million. Analysts surveyed by LSEG expected earnings of 69 cents per share and revenue of $636 million. Victoria’s Secret — The lingerie retailer slipped 5%. Victoria’s Secret said first-quarter revenue will range from $1.30 billion to $1.33 billion, while analysts polled by LESG sought $1.39 billion. Fourth-quarter revenue beat expectations, however. Grindr — The maker of the gay dating app fell roughly 12%. The company reported a net loss of $131.0 million for the full year, wider than the $55.8 million net loss posted a year earlier. MongoDB — The database software maker’s stock fell nearly 18%. Guidance for the full fiscal year ending January 2026 failed to impress Wall Street, with MongoDB forecasting adjusted earnings of $2.44 to $2.62 per share. Analysts polled by FactSet had a consensus estimate of $3.38 per share.
Posted inFinance
Stocks making the biggest moves after hours: MRVL, MDB, ZS
Posted by
By
No Comments
By
No Comments
