After-hours movers: Nordstrom, SentinelOne, Box, Ambarella

investing.com 27/08/2024 - 20:33 PM

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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