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After-hours movers: HPE, lululemon, Ulta Beauty, Docusign and more

investing.com 05/12/2024 - 21:48 PM

After-Hours Stock Movers:

Hewlett Packard Enterprise (NYSE:HPE) rose 2.75% after reporting a solid third quarter. Non-GAAP was $0.58, up 12% from the prior-year period and up 16% sequentially, above the guidance range of $0.52 to $0.57.

lululemon athletica (NASDAQ:LULU) increased 6% after reporting strong third quarter results and guidance. Comparable sales increased 4%, or 3% on a constant dollar basis.

Ulta Beauty (NASDAQ:ULTA) climbed 10% after informing investors that comps were positive in the third quarter. Comparable sales increased 0.6% compared to a 4.5% increase, driven by 0.5% rise in transactions and 0.1% increase in average ticket. Consensus was for a comp decline of 1.87%.

Docusign (DOCU) surged 16% after exceeding analysts' estimates. For the third quarter, it posted adjusted earnings per share of $0.90, surpassing estimates of $0.87. Revenue reached $754.8 million, above the consensus forecast of $745.26 million.

Rubrik (RBRK) saw a 15% rise following strong results, with subscription ARR growing 38% year-over-year to $1,002.3 million.

Asana (ASAN) gained 17% after providing strong guidance. For Q4 of fiscal 2025, Asana expects revenues of $187.5 million to $188.5 million, representing 10% year-over-year growth.

Smith & Wesson Brands (SWBI) fell 7% after missing estimates on both the top and bottom line.




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