CrowdStrike IPO on the Nasdaq exchange June 12, 2019.
Source: Nasdaq
Check out the companies making headlines in after-hours trading.
Business day — Workday gained 6% postmarket Tuesday after earnings beat Wall Street estimates on both the top and bottom lines. The software vendor reported adjusted earnings per share of 99 cents on $1.6 billion in revenue, where analysts expected adjusted earnings of 84 cents per share and $1.59 billion in revenue, per Refinitiv.
CrowdStrike – CrowdStrike Holdings fell more than 18% after giving slight guidance for Q4 revenue. In the quarter just ended, results beat earnings and revenue expectations, with the cybersecurity provider posting adjusted earnings per share of 40 cents on $581 million in revenue, while analysts expected adjusted earnings of 31 cents per share on $574 million in revenue. , per Refinitiv.
NetApp — NetApp shares fell 10.8% after the cloud services and data management provider saw lower-than-expected revenue in its last quarter. NetApp reported adjusted earnings per share of $1.48, beating estimates of $1.33. But revenue of $1.66 billion fell short of the $1.68 billion Wall Street expected, according to Refinitiv. NetApp also issued weak forward guidance.
HP Enterprise — HP Enterprise rose 2.2% after the company beat earnings estimates on the top and bottom lines. HPE’s adjusted earnings per share of 57 cents on $7.87 billion in revenue beat Wall Street estimates of 56 cents and $7.42 billion, respectively, by Refinitiv.
AST Space Mobile – Shares of AST SpaceMobile fell 10.7% after the satellite maker plans to sell $65 million of Class A common stock. Proceeds will be used for general corporate purposes.
Horizon therapies — The biotech shot up 36% hours after Dow Jones reported that the $18 billion biotech has takeover interest. Dow Jones cited unnamed people familiar with the matter.
