Stocks making the biggest moves after hours: Zoom Video, Hewlett Packard Enterprise, Ambarella & more

Business

In this article

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City.
Kena Betancur | Getty Images

Check out the companies making headlines after the bell on Tuesday

Zoom Video — Shares of the video-messaging platform gained 2.7% after the company beat top- and bottom-line estimates during the first quarter. Zoom earned $1.32 per share on an adjusted basis, on revenue of $956 million. Analysts surveyed by Refinitiv were expecting the company to earn 99 cents per share on $906 million in revenue.

Hewlett Packard Enterprise — Shares of HPE slid 2.1% despite the company’s second-quarter results exceeding expectations. HPE earned 46 cents per share during the period, excluding items, which was ahead of the 42-cent profit analysts surveyed by Refinitiv were expecting. Revenue came in at $6.7 billion, also ahead of the expected $6.62 billion.

Ambarella — The camera equipment maker’s stock advanced 4.3% following the company’s first-quarter results. Ambarella earned 23 cents per share excluding items, and reported $70.1 million in revenue. According to estimates from FactSet, the Street was expecting 17 cents on $68.6 million in revenue.

Scotts Miracle-Gro — Shares of the lawn company climbed less than 1% after the company raised its full-year guidance. In a statement, the company said the boosted outlook is mainly due to stronger growth in the U.S.

Articles You May Like

Gen Z, millennials are ‘house hacking’ to become homeowners in a tough market. How the strategy can help
It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics
Disney’s ‘Wish’ disappoints during Thanksgiving, extending an animation box office rut
European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot
The wealthy are using this charitable giving strategy. Here’s why it may work for you too