Stock Market

Salesforce signage outside office building in New York.
Scott Mlyn | CNBC

Check out the companies making headlines after the bell:

Salesforce — Salesforce shares rose 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Revenue increased 23% year over year in the quarter, which ended July 31, the company said in a statement. In the prior quarter revenue grew 23%.

Ulta Beauty — Shares of the cosmetic retail rose 3% in after hours trading after reporting earnings of $4.56 per share. The company made $1.97 billion in revenue last quarter, topping estimates of $1.76 billion, according to Refinitiv. Ulta also raised its full-year earnings and revenue guidance.

Snowflake — Shares of the data cloud company fell more than 2% in after-hours trading after the release of the quarterly results. Snowflake posted a loss of 64 cents per share in the second quarter on revenue of $272.2 million, missing Wall Street’s expectations. Analysts were looking for a loss of 15 cents and revenue of $256.5 million, according to Refinitiv. The stock is flat on the year.

Williams-Sonoma — Shares of the retailer soared more than 14% in after hours trading after reporting better-than-expected earnings and revenue. Williams-Sonoma earned $3.24 per share, topping estimates of $2.61 per share, according to Refinitiv. The company made $1.95 billion in revenue, higher than the forecast $1.81 billion.

Box — Shares of Box dropped 4% after the bell on Wednesday after beating on the top and bottom lines of its quarterly results. The company earned 21 cents per share on revenue of $214.5 million. Wall Street expected earnings of 19 cents per share on revenue of $212.5 million, according to Refinitiv.

— with reporting from CNBC’s Yun Li.

Articles You May Like

Biden says he is ‘passing the torch’ to save US democracy
Mortgage demand drops, as homebuyers wait for lower rates
EA college football is back after over a decade. The game and its fans are a lot different now
Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
Munis mixed after Biden election bow out