After-Hours Stock Movers:
SentinelOne (NYSE:S)
Declined 4% after reporting second quarter results that didn’t impress Wall Street despite a revenue increase of 33% year-over-year. Management noted a rise in customer interest for its AI-powered Singularity Platform.
Nordstrom (NYSE:JWN)
Rose 9% after the retailer’s second quarter results beat estimates on both revenue and earnings, prompting lifted guidance.
Box (BOX)
Rose 4.6% after delivering solid second quarter results and raising full year guidance. Management highlighted accelerated billings growth and record gross margin, operating margin, and EPS.
Ambarella (NASDAQ:AMBA)
Rose 19% after issuing third quarter guidance that easily topped estimates. Management expressed optimism about scaling its computer vision business with new advanced AI products.
Semtech (NASDAQ:SMTC)
Rose 7% after its second quarter results exceeded consensus views and it issued strong guidance for the third quarter, with improvements in gross, operating, and adjusted EBITDA margins.
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