A Lululemon sign is seen at a mall in San Diego, California on November 23, 2022.
Mike Blake | Reuters
Check out the companies making headlines after the stock market bell.
Lululemon – Lululemon’s stock rose 12% after the sportswear retailer announced better-than-expected earnings for the fiscal first quarter and raised its full-year guidance. The company also reported revenue growth of 24% over the prior-year period.
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MongoDB – MongoDB shares are up 19%. The data developer platform posted Blowout Guide. MongoDB expects second-quarter revenue to be between $388 million and $392 million, compared to analyst forecasts of $362 million per Refinitiv. MongoDB tops revenue and earnings numbers in its latest quarterly report.
five below – Shares of the discount chain rose 6% in extended trading. Five Below reported earnings of 67 cents per share, while analysts polled by Refinitiv estimated earnings of 63 cents per share. However, Five Below generated $726 million in revenue, compared to Wall Street’s forecast of $728 million. The forecast for the second quarter also fell short of analysts’ expectations.
Broadcom — Chip stock fell nearly 1% in extended trading. Broadcom reported better than average revenue and earnings for the second quarter and fiscal third quarter revenue guidance, slightly ahead of Wall Street expectations. The stock was up 41% at the time of the report’s publication.
PagerDuty – Shares of the digital operations management company plummeted more than 11% after its IPO. PagerDuty reported adjusted earnings per share that beat Wall Street estimates, but issued a weaker-than-expected revenue guidance.
asana – Shares of the work management platform operator rose 2% post-launch. Asana reported a smaller-than-expected loss and revenue that beat analysts’ expectations for the first quarter, according to FactSet.
samsara – According to FactSet, shares of Samsara rose 13% in extended trading after the Internet of Things company reported a smaller-than-expected loss for the first quarter. Sales also beat Wall Street estimates, while the full-year sales forecast was raised.
ChargePoint – ChargePoint shares plummeted more than 4% in extended trading. The electric vehicle charging stock beat Wall Street’s earnings expectations but shared weak current-quarter guidance that came in below consensus estimates.
SentinelOne — Shares in SentinelOne plunged 34% after the bell as the cybersecurity company lowered its revenue guidance and underperformed Wall Street’s revenue expectations for the most recent period.
— CNBC’s Darla Mercado contributed to the coverage.
https://www.cnbc.com/2023/06/01/stocks-making-the-biggest-moves-after-hours-lulu-mdb-five.html Stocks making the biggest moves after hours: LULU, MDB, FIVE