Check out the companies making headlines in after-hours trading: DocuSign — The e-signature software company ticked up nearly 1% after posting a top- and bottom-line beat. DocuSign’s adjusted earnings of 97 cents per share for the second quarter exceeded analysts’ expectations of 80 cents per share, according to LSEG. DocuSign’s revenue of $736 million also beat estimates of $727 million for the quarter. Broadcom — The semiconductor company slipped about 6%. Broadcom said it sees $14 billion of revenue for the fiscal fourth quarter , while analysts called for $14.04 billion, per LSEG. In the fiscal third quarter, Broadcom reported adjusted earnings of $1.24 per share on revenue of $13.07 billion, while analysts polled by LSEG called for earnings of $1.20 per share on revenue of $12.97 billion. UiPath — Shares gained 7% after the software company’s fiscal second-quarter results came out better than expected. UiPath reported adjusted earnings of 4 cents per share on revenue of $316 million, while analysts surveyed by LSEG called for earnings of 3 cents per share on revenue of $304 million. The company also expanded its stock repurchase program. Bowlero — Shares of the bowling alley chain added 11%. Bowlero’s fiscal fourth-quarter revenue came in ahead of estimates at $283.9 million, while analysts called for $273.4 million, per FactSet. The upper end of its fiscal 2025 revenue guidance was also slightly ahead of the Street’s estimates, ranging from $1.22 billion to $1.28 billion, while analysts sought $1.24 billion. Samsara — The software company jumped 5%. Samsara’s full-year guidance topped analysts’ expectations, as the company called for adjusted earnings of 16 cents to 18 cents per share on revenue of $1.224 billion to $1.228 billion. Analysts polled by LSEG anticipated 13 cents per share in earnings and revenue of $1.21 billion. Smartsheet — The work management software company rose 3%. Adjusted earnings for the fiscal second quarter came in at 44 cents per share, while revenue was $276.4 million. Analysts polled by FactSet anticipated 29 cents per share in earnings and revenue of $274.2 million. Reuters also reported , citing people familiar, that a consortium of private equity firms are in talks to acquire Smartsheet. — CNBC’s Darla Mercado contributed reporting.
https://www.cnbc.com/2024/09/05/stocks-making-the-biggest-moves-after-hours-avgo-docu-path.html
