Stocks making the biggest moves after hours: Ambarella, Box, HP and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Earnings reports for tech companies were driving stock prices on Tuesday evening.

The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York.Here are the stocks making notable moves after the closing bell on Tuesday, May 30.— The chip stock fell 12% in extended trading after Ambarella gave second-quarter revenue guidance of $60 million to $64 million, below the $67.2 million expected by analysts, according to Refinitiv. The fall came despite Ambarella reporting a smaller-than-expected adjusted loss in the first quarter.

Analysts surveyed by Refinitiv had penciled in 27 cents in earnings per share on $249 million of revenue.— Shares of the technology services company fell 4% postmarket after HP Enterprise posted mixed results in its fiscal second quarter. The company reported 52 cents in adjusted earnings per share on $6.97 billion of revenue. Analysts surveyed by Refinitiv were expecting just 48 cents per share but $7.31 billion of revenue.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Box stock jumps 7% as earnings and forecast beat across the boardBox's earnings and forecasts beat expectations across the board, and shares looked to recapture value lost after a disappointing forecast 3 months ago.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest premarket moves: ChargePoint, Ford, Nvidia, Tesla and moreThese are the stocks posting some of the largest moves in the premarket Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »