The Salesforce logo is displayed on the Salesforce Tower in New York City on March 7, 2019.
Brendan McDiarmid | Reuters
Check out the companies making headlines in the advanced trading space:
Salesforce — Shares fell more than 14% after first-quarter revenue of $9.13 billion missed the consensus estimate of $9.17 billion, according to LSEG data. Adjusted earnings of $2.44 per share beat the consensus estimate of $2.38, but guidance for the current quarter came in below both revenue and profit estimates.
UiPat — Shares of the software company fell 30% following an announcement by its CEO Rob Enslin. will resign, takes effect June 1. He will also step down from the board of directors. Daniel Dines, former CEO of UiPath and current chief innovation officer, will return to the helm.
HP Inc. — The personal computer manufacturer rose in price by 3%. HP reported adjusted earnings of 82 cents per share on revenue of $12.8 billion in the fiscal second quarter, above analysts’ estimates of 81 cents per share and revenue of $12.6 billion, LSEG said.
Clean storage — Shares of the software company rose 1% on better-than-expected fiscal first-quarter earnings. Pure Storage reported adjusted earnings of 32 cents per share on revenue of $693.5 million. Analysts polled by LSEG had forecast 21 cents per share on revenue of $681 million.
Okta — The digital identity verification company gained nearly 2% after revenue and profit topped analysts’ estimates in the first quarter. Okta’s second-quarter revenue forecast range of $631 million to $633 million also exceeds the $616 million consensus estimate, according to LSEG.
Capri — Fashion group Versace and Jimmy Choo lost 3% after fiscal fourth-quarter results fell short of analysts’ estimates. Capri reported adjusted earnings of 42 cents per share, compared with analysts’ estimates of 65 cents, according to LSEG. Revenue of $1.22 billion also fell short of forecasts of $1.30 billion. Management noted lower demand for luxury goods and slower economic growth in Asia.
C3.ai — Shares of the artificial intelligence software company rose more than 8% after quarterly results beat estimates. C3.ai lost an adjusted 11 cents per share on revenue of $86.6 million. Consensus estimates were for a loss of 30 cents on revenue of $84.4 million, according to LSEG. Full-year earnings forecasts also beat estimates.
American Eagle Outfitters — Shares fell nearly 6% after the clothing retailer’s first-quarter revenue missed forecasts and the company issued weak guidance for the future. American Eagle Outfitters reported revenue of $1.14 billion, below analysts’ average estimate of $1.15 billion, according to LSEG. Earnings beat forecasts, but full-year revenue guidance was in the range of 2% to 4% compared with forecasts. 3.4%.
Agilent Technologies — Shares of the life sciences company fell 14% after lowering its annual profit and revenue forecast. Agilent forecast earnings per share in the range of $5.15 to $5.25, up from the previous forecast of $5.44 to $5.55, according to FactSet. Revenue guidance was also cut to between $6.42 billion and $6.50 billion, down from a previous forecast of $6.71 billion to $6.81 billion. Meanwhile, fiscal second-quarter earnings topped forecasts, while while revenue narrowly fell below the consensus forecast.
Nutanix — Shares of the cloud computing company fell 14% after it posted fiscal fourth-quarter revenue forecast of $530 million to $540 million that missed analysts’ estimates of $546 million. Full-year revenue forecast of $2.13 to 2. .14 billion, compared with previous forecasts of $2.12 billion to $2.15 billion and the consensus estimate of $2.14 billion, according to FactSet.
— CNBC’s Darla Mercado contributed reporting.