Movers After Hours: Oracle, Adobe, Broadcom, Ulta, DocuSign, Turtle Beach, Zumiez
Stocks moving after hours include:
- Oracle (NYSE:ORCL) shares slipped after hours after reporting non-GAAP earnings of 87 cents a share for the fiscal third quarter, beating the estimate of 87 cents a share from analysts polled by Investing.com. Revenue for the software maker fell 0.7% to 9.61 billion, but beat the Investing.com estimate of $9.59 billion. It boosted its dividend from 19 cents to 24 cents.
- Broadcom shares (NASDAQ:AVGO) rose 5% after hours. The company reported non-GAAP fiscal-first-quarter earnings of $5.55 a share, beating the $5.23 estimate of analysts polled by Investing.com. Revenue rose 8.6% to $5.79 billion but was slightly lower than the estimate of $5.83 billion.
- Ulta Beauty (NASDAQ:ULTA) shares were up 4% after hours. The operator of beauty salons and merchants of cosmetics and beauty products, earned $3.61 a share in the fourth quarter, beating the estimate of $3.55 a share according to analysts polled by Investing.com. Revenue was up 9.7% from a year ago to $2.12 billion, beating the estimate of $2.11 billion.
- Shares of software maker Adobe Systems (NASDAQ:ADBE) were off 2.3%after hours. The company earned $1.71 a share in its first-fiscal quarter, compared with an estimate of $1.62 a share. Revenue grew 25% to $2.6 billion. The estimate was $2.55 billion. The company issued lower guidance for the second quarter.
- DocuSign (NASDAQ:DOCU) shares slumped as much as 7% after hours, despite beating estimates for fourth-quarter earnings. The company said it earned 6 cents a share, compared with a forecast of a penny , according to analysts polled by Investing.com. Revenue was up 34.2% to $199.7 million, compared with an estimate of $193.6 million.
- Turtle Beach (NASDAQ:HEAR) shares tumbled more than 12% after hours. The company, which makes headsets used in gaming, said it earned $1.33 a share in the fourth quarter, beating the $1.19 a share estimate. Revenue was $111.3 million, up 40% year over year and ahead of the estimate of $103.8 million. The company sees the headset market contracting moderately in 2019.
- Zumiez (NASDAQ:ZUMZ) shares fell 4.3% after hours on top of a 6.5% decline in regular trading. The retailer of action-sports and outdoor wear targeted at young people said it earned $1.18 a share in the fourth quarter. Analysts polled by Investing.com were looking for $1.10. Revenue fell 1.2% to $304.6 million. The Investing.com estimate was $306.9 million. The company guided lower on earnings and revenue in the first quarter.