Angel Navarrete | Bloomberg | Getty Pictures
Check out the companies making headlines after hours on Thursday:
Broadcom — Shares of the semiconductor builder rose 1% in after-hours shopping for and promoting on the once more of better-than-expected outcomes for the sooner quarter. Broadcom posted a income of $5.40 per share on earnings of $5.82 billion. Analysts polled by Refinitiv anticipated earnings of $5.24 per share on product sales of $5.76 billion. Revenues for the company’s semiconductor choices division topped a FactSet estimate whereas product sales from infrastructure software program program have been in step with expectations.
DocuSign — DocuSign shares climbed larger than 1% after-hours as the company reported second-quarter outcomes that beat analyst expectations. The cloud-based doc supervisor posted earnings per share of 17 cents on earnings of $342.2 million. Wall Highway analysts anticipated a income of eight cents per share on earnings of $318.6 million, based mostly on Refinitiv. The lion’s share of the company’s earnings acquired right here from subscriptions, DocuSign talked about. “In an accelerating digital world the place enterprise could also be carried out from anyplace, the need to agree electronically and remotely has in no way been stronger,” CEO Dan Springer talked about in an announcement.
Domo — Shares of the cloud software program program agency jumped larger than 5% after the discharge of second-quarter outcomes that beat analyst expectations. Domo reported an absence of 37 cents per share. Analysts polled by FactSet anticipated an absence of 50 cents per share. The company’s earnings for the quarter moreover topped a FactSet forecast. “Domo was constructed for this new world of labor the place enterprise agility is essential to surviving and thriving,” talked about Josh James in a launch.
Tesla — Tesla shares fell larger than 1% in after-hours shopping for and promoting, developing on its sharp losses from the widespread session. {The electrical} automotive maker’s stock dropped 9% all through widespread shopping for and promoting hours as retailers provided unwound positions in firms that had simply currently outperformed. Month to this point, Tesla is down larger than 18% through Thursday’s shut.