After-Hours Stock Movers:
Marvell (NASDAQ:MRVL) Technology
MRVL rose 9% after delivering strong third quarter results and guidance. Net revenue for the third quarter of fiscal 2025 was $1.516 billion, $66.0 million above the mid-point of the Company’s guidance provided on August 29, 2024.
Salesforce (NYSE:CRM)
Salesforce rose 7% after reporting third quarter revenue that beat estimates, despite slightly missing EPS estimates and offering mixed guidance, while management struck a positive tone on its AI initiatives.
Okta, Inc. (NASDAQ:OKTA)
Okta surged 21% after easily beating expectations for its third quarter. For the fourth quarter of fiscal 2025, the company expects total revenue of $667 million to $669 million, representing a growth rate of 10% to 11% year-over-year.
Intuitive Machines (LUNR)
Intuitive Machines fell 6% after commencing an underwritten public offering of $65 million of shares of its Class A common stock.
Pure Storage, Inc. (NYSE:PSTG)
Pure Storage rose 22% after announcing third quarter results that beat consensus across the board.
UnitedHealth Group (NYSE:UNH)
UnitedHealth fell 1% after introducing 2025 guidance ahead of an investor conference. The company sees 2025 revenues of $450 billion to $455 billion, net earnings of $28.15 to $28.65 per share, and adjusted net earnings of $29.50 to $30.00 per share.
Box (BOX)
Box fell 2% after announcing third quarter results that slightly beat estimates, with lackluster guidance.
Comments (0)