Check out the companies making headlines before the market opens. Bowlero – The bowling alley chain’s fiscal fourth-quarter revenue beat Wall Street estimates, sending its shares up more than 12%. Revenue for the period was $283.9 million. Analysts had expected $273.4 million, according to FactSet. The higher end of the company’s fiscal 2025 revenue outlook also topped estimates. UiPath – Shares of UiPath rose more than 8% after the software company reported better-than-expected second-quarter results. UiPath reported adjusted earnings of 4 cents per share on revenue of $316 million. Analysts polled by LSEG estimated earnings of 3 cents per share on revenue of $304 million. The company also raised its full-year forecast and expanded its stock buyback program. Broadcom – Shares of the chipmaker fell 7% after the company’s revenue guidance for the quarter fell short of expectations. According to LSEG, Broadcom expects fiscal fourth-quarter revenue of $14 billion, slightly below analysts’ estimates of $14.04 billion. Broadcom’s third-quarter revenue and profit did exceed expectations. Smartsheet — Shares of Smartsheet rose more than 4% after the work management software company beat second-quarter earnings estimates. Smartsheet reported adjusted earnings of 44 cents per share on revenue of $276.4 million. Analysts had expected earnings of 29 cents per share on revenue of $274.2 million, according to FactSet. On Thursday, Reuters reported, citing people familiar with the matter, that Vista and Blackstone were in talks to acquire Smartsheet. Super Micro Computer – Shares of the maker of artificial intelligence servers fell 2.5% after JPMorgan downgraded its rating to neutral from overweight. The bank also slashed its price target from $450 to $500 and said there was no reason to buy the stock amid uncertainty over a return to compliance. Guidewire Software – The company beat Wall Street expectations, sending shares up more than 7%. Guidewire earned 62 cents per share, excluding items, on revenue of $291.5 million. Analysts polled by FactSet estimated earnings of 54 cents per share on revenue of $283.8 million. Samsara – Shares of Samsara rose more than 5% after the software company beat expectations for its full-year forecast. Samsara expects adjusted earnings per share of 16 cents to 18 cents on revenue of $1.224 billion to $1.228 billion. That was above the London Stock Exchange Group (LSEG) consensus estimate of 13 cents a share and revenue of $1.21 billion. —CNBC’s Jesse Pond, Sarah Min and Michelle Fox Theobald contributed reporting.
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