Nvidia founder, President and CEO Jen-Hsun Huang
Try the businesses making headlines after the bell:
Nvidia — Shares of the chip inventory gained about 3% in prolonged buying and selling after issuing sturdy fourth quarter income steering and beating on the top and bottom lines of its quarterly results. Nvidia reported EPS of $1.17 per share, in comparison with estimates of $1.11 per share, in keeping with Refinitiv. The corporate made $7.1 billion in income, greater than the anticipated $6.83 billion.
Sonos — Shares of Sonos rose 4% in after hours buying and selling after issuing sturdy full-year income steering. The music gadget firm additionally reported a lack of cents per share final quarter, in-line with estimates, in keeping with Refinitiv. Income fell wanting analysts” forecasts.
Cisco Systems — Shares of the know-how firm dropped 6% in after hours buying and selling after issuing subsequent quarter earnings steering on the low finish of estimates. Cisco Methods referred to as for income development between 4.5% and 6.5% within the second quarter, under estimates of seven.4%, in keeping with Refinitiv. Fiscal first quarter earnings beat expectations however income fell wanting estimates.
Victoria’s Secret —Shares of the lingerie firm popped 14% in after hours buying and selling after reporting quarterly earnings of 81 cents per share. Income got here in at $1.44 billion, lacking estimates of $1.46 billion, in keeping with Refinitiv.
Bath & Body Works — Shares of the sweetness firm rose barely in prolonged buying and selling after reporting a quarterly revenue of 66 cents per share. Tub & Physique Works made $1.68 billion in income final quarter, topping estimates of $1.6 billion, in keeping with Refinitiv.