3 Tech Stocks & A Retailer Falling After-Hours

U.S. stocks edged lower on Wednesday trading, driven by tumbling oil prices and energy stocks.

Salesforce.com, inc. CRM plummeted 8.6 percent after-hours, following the announcement of the company’s Q2 results. EPS of $0.24 came in $0.02 ahead of the Street’s consensus, while revenue of $2.04 billion was slightly higher than the anticipated $2.02 billion. Moreover, unbilled deferred revenue came in around ~$8 billion, up 29 percent year-over-year. However, Q3 and full year guidance disappointed investors.

Box Inc BOX fell slightly on its report. A Q2 net loss of $(0.14) was $0.05 smaller-than-expected, while revenue of $95.7 million, up 30.3 percent year-over-year, beat estimates by more than one million dollars.

Despite a top and bottom line beat, Infoblox Inc BLOX traded slightly down in Wednesday’s after-hours session. Q4 EPS of $0.08 beat estimates by $0.02, and revenue of $86.3 million came in $1.79 million ahead of expectations.

Five Below Inc FIVE traded down 5.5 percent on its earnings report. While Q2 EPS of $0.18 and revenue of $220.1 million beat estimates by $0.01 and $510,000, respectively, guidance was slightly disappointing.

Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceAfter-Hours CenterMovers
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...