Pedestrians walk past a Gap Inc. store in Shanghai, China.
Qilai Shen | Mayor Bloomberg | fake images
Check out the companies that make the headlines in the extended trade.
Affirm: Shares of the buy-now-pay-later favorite fell nearly 14% after hours when it reported a larger-than-expected quarterly loss of 65 cents a share, according to Refinitiv. It also issued weak earnings guidance for its fiscal first quarter and full year.
Ulta Beauty: Shares of the beauty retailer rose more than 3% in extended trading after it reported earnings for the most recent quarter that beat estimates by 70 cents a share, according to Refinitiv. Ulta also raised its earnings and revenue guidance for the full year.
Gap: The clothing retailer rallied 10% in late trading after posting a quarterly profit, excluding one-off items, of 8 cents a share. Its revenue came in at $3.86 billion, down 8% from a year earlier but higher than estimates of $3.82 billion, according to Refinitiv.
Workday: Shares of the cloud provider rose nearly 12% after it posted better-than-expected earnings and revenue in its most recent quarter, according to Refinitiv. The company also reaffirmed its guidance for the full year, although it is not comparable to estimates due to subscription revenue.
Marvell Technology: Shares of the chipmaker fell about 3% despite a rise in quarterly profit. The company issued slightly weaker-than-expected earnings and revenue guidance for the third quarter, according to consensus estimates from Refinitiv.
Source: www.cnbc.com