Check out the companies making headlines in after-hours trading. Ulta Beauty — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter . Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was of $2.55 billion, also falling short of analysts’ forecast of $2.61 billion. The company also trimmed its full-year outlook . MongoDB – Shares of the database company rose nearly 13%. MongoDB issued strong fiscal third-quarter guidance, forecasting adjusted earnings of 65 cents to 68 cents per share on revenue of $493 million to $497 million. Analysts polled by LSEG expected 60 cents per share in earnings and $479 million in revenue. Dell Technologies — Shares jumped 3.6% after the tech company handily beat quarterly expectations. Dell reported fiscal second-quarter adjusted earnings of $1.89 per share, beating analysts’ expectations of $1.71 per share, according to LSEG. Its revenue of $25.03 billion also surpassed analysts’ forecast of $24.53 billion. Marvell Technology — The semiconductor company jumped nearly 9%. Marvell issued fiscal third-quarter guidance that was ahead of analysts’ expectations, calling for adjusted earnings of 40 cents per share on revenue of $1.45 billion. Analysts polled by LSEG anticipated 38 cents per share in earnings and $1.40 billion in revenue. Lululemon Athletica — Shares of the athletic apparel retailer added 6% after the company posted better-than-expected earnings but lackluster revenue for the second quarter . Lululemon reported earnings of $3.15 per share on revenue of $2.37 billion. Analysts polled by LSEG called for earnings of $2.93 per share on revenue of $2.41 billion. Elastic NV – Shares of the artificial intelligence search company tanked 23%. Elastic issued a weak outlook for fiscal second quarter revenue, forecasting $353 million to $355 million, compared to analysts’ estimate of $361 million, per LSEG. Full-year revenue guidance was also soft. Fiscal first-quarter results topped Wall Street’s expectations, however. — CNBC’s Darla Mercado contributed reporting.
https://www.cnbc.com/2024/08/29/stocks-making-the-biggest-moves-after-hours-ulta-dell-lulu-mdb.html
