Check out the companies making headlines in after-hours trading. Ambarella – Shares of the semiconductor design company soared 20% on upbeat outlook. Ambarella forecast fourth-quarter revenue of $76 million to $80 million, while analysts polled by LSEG expected $69 million. Adjusted third-quarter profit and revenue also beat Wall Street expectations. CrowdStrike – Shares fell 3% after the cybersecurity company issued a disappointing fourth-quarter outlook. CrowdStrike expects earnings per share for the quarter of 84 cents to 86 cents, compared with the consensus estimate of 86 cents per share (on an LSEG basis). However, third-quarter profit and revenue beat Wall Street expectations. Dell Technologies — Shares of Dell Technologies fell more than 10% after the company reported fiscal third-quarter revenue that fell short of expectations. According to LSEG, Dell’s revenue for the quarter was US$24.37 billion, below analysts’ forecast of US$24.67 billion. However, adjusted profits beat Wall Street expectations. HP — The personal computer company reported weaker-than-expected profit guidance for the first quarter of fiscal 2025, sending its shares down 7%. Excluding special items, HP expected earnings per share to be between 70 cents and 76 cents, while analysts polled by FactSet expected earnings per share of 85 cents in the period. Autodesk – Shares of Autodesk fell more than 9% as the software company’s forecast failed to impress investors. Autodesk expects fourth-quarter earnings per share of $2.10 to $2.16, excluding items, on revenue of $1.623 billion to $1.638 billion. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of $2.12 per share on revenue of $1.62 billion. The company also appointed Janesh Moorjani as financial officer, effective December 16. Urban Outfitters reported adjusted earnings of $1.10 per share on revenue of $1.36 billion, beating the LSEG consensus estimate of 86 cents per share and revenue of $1.34 billion. Nutanix – Shares of Nutanix rose 5% after the cloud infrastructure company provided upbeat guidance for the quarter. Nutanix expects fiscal second-quarter revenue to be between $635 million and $645 million, compared with the London Stock Exchange Group’s (LSEG) consensus forecast of $631 million. Workday — Shares of Workday fell 10% after the HR software company reported lower-than-expected fourth-quarter subscription revenue and operating margins. Workday forecast subscription revenue of $2.025 billion and operating margin of 25% for the period, while analysts polled by StreetAccount estimated subscription revenue of $2.04 billion and operating margin of 25.5%. Nordstrom – Shares of Nordstrom fell less than 1% after the apparel retailer issued a modest full-year sales forecast. Nordstrom expects full-year revenue growth to range from flat to 1%. That compares with the previous guidance range calling for a 1% decline to 1% growth. Third-quarter revenue reached $3.46 billion, beating analysts’ expectations of $3.35 billion, according to LSEG. —CNBC’s Darla Mercado contributed reporting.
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