Check out the companies making headlines in the advanced commerce space. Zscaler — Shares rose nearly 15% after Zscaler beat third-quarter revenue and profit expectations. The cloud security company posted adjusted quarterly earnings of 88 cents per share on revenue of $553 million. Analysts polled by LSEG expected earnings per share of 66 cents on revenue of $536 million. MongoDB — MongoDB fell 23% after the developer data platform issued weaker-than-expected guidance for the second quarter and full year, even as its first-quarter earnings results beat expectations. Dell Technologies — Technology stocks fell more than 14% even after Dell beat expectations for its first-quarter results. Dell reported adjusted quarterly earnings of $1.27 per share on revenue of $22.24 billion. Analysts polled by LSEG expected earnings per share of $1.26 on revenue of $21.64 billion. Nordstrom – Retail shares fell by 6%. Nordstrom reported a wider-than-expected first-quarter loss of 24 cents per share, compared with a loss of 8 cents per share expected by analysts polled by LSEG. Otherwise, fiscal first-quarter revenue of $3.34 billion topped the consensus estimate of $3.20 billion. Gap — Gap shares rose about 20% after Gap reported fiscal first-quarter results. The clothing retailer reported quarterly earnings of 41 cents per share on revenue of $3.39 billion. Analysts surveyed by LSEG had forecast earnings of 14 cents per share on revenue of $3.29 billion. Costco Wholesale – Shares fell 1.4 % even after the warehouse club store reported fiscal third-quarter earnings and revenue that beat expectations. Costco Wholesale reported earnings of $3.78 per share on revenue of $58.52 billion. Analysts polled by LSEG had forecast earnings per share of $3.70 on revenue of $58.07 billion. Ambarella – Shares of the chipmaker jumped about 18% in extended trading after reporting a smaller-than-expected adjusted loss of 26 cents per share. Revenue in the fiscal first quarter was in line with estimates at $54 million. The company said it expects revenue to continue growing in fiscal 2025, driven by demand for artificial intelligence products. NetApp shares rose 2.6% after the data storage company reported fourth-quarter results that beat expectations. NetApp reported adjusted earnings of $1.80 per share on revenue of $1.67 billion. Analysts surveyed by LSEG expected earnings per share of $1.79 on revenue of $1.66 billion. Marvell Technology – Shares of the semiconductor company fell down 3% after Marvell Technology missed first-quarter expectations. It earned 24 cents per share after adjusting revenue of $1.16 billion. That was below the 25 cents earnings per share and revenue of $1.17 billion expected by analysts polled by LSEG. Ulta Beauty — Shares of the beauty retailer fell 9% after its latest financial results. Ulta Beauty posted first-quarter results that beat the LSEG consensus, but cut full-year revenue, same-store sales and earnings per share guidance. SentinelOne – Shares of the cybersecurity company fell more than 8% after it provided revenue guidance that was weaker than analysts had expected. SentinelOne expects revenue this year to be between $808 million and $815 million, below LSEG’s estimate of $817 million. First-quarter results beat expectations. VF company. — Shares jumped 7% after VF Corp., the apparel company behind Vans, The North Face and other brands, said Michelle “Sun” Chow has been named global brand president of Vans, effective in late July. Previously, she was chief product officer at Lululemon. — CNBC’s Christina Cheddar-Burke contributed reporting.
