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Stocks making the biggest moves after hours: CrowdStrike, Hewlett Packard Enterprise and more

Garry Wills by Garry Wills
June 4, 2024
in Business Finance
Stocks making the biggest moves after hours: CrowdStrike, Hewlett Packard Enterprise and more
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Check out the companies making headlines in after-hours trading: CrowdStrike — The cybersecurity company jumped 7% after offering better-than-expected quarterly results and guidance. CrowdStrike posted adjusted earnings of 93 cents per share and $921 million in revenue for the first quarter, topping forecasts of 89 cents per share in earnings and $905 million in revenue from analysts polled by LSEG. Hewlett Packard Enterprise — The technology stock rallied about 11% on the back of a stronger-than-predicted financial report for the fiscal second quarter. Hewlett Packard Enterprise reported adjusted earnings of 42 cents per share on revenue of $7.2 billion. Analysts surveyed by LSEG had penciled in just 39 cents in earnings per share and $6.82 billion in revenue. Verint Systems — The customer interface platform’s shares climbed 6.4% following an expectation-beating quarterly release and a guidance raise for the full year. Verint Systems saw 59 cents in adjusted earnings per share and $221.3 million in revenue for the first quarter. Analysts forecast earnings of 54 cents per share and $214.5 million of revenue, per LSEG. Guidewire Software — The manufacturer of software for insurance companies jumped 8%. Guidewire raised its fiscal-year guidance for revenue to a range of $968 million to $976 million, surpassing the $964.4 million anticipated by analysts polled by FactSet. In its fiscal third quarter, the company also beat expectations on the top and bottom lines. — CNBC’s Darla Mercado contributed reporting.



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