Biggest After-Hours Movements: Dell, Lululemon, MDB Stocks Show Significant Changes

Discover the noteworthy companies generating buzz after hours.

MongoDB — The shares of the leading database software maker soared 5% during after-hours trading. MongoDB outperformed expectations by reporting earnings of 93 cents per share, excluding certain items, and a revenue of $423.8 million in the second quarter. Analysts polled by Refinitiv had projected earnings per share of 46 cents and revenue of $393 million.

Dell Technologies — Dell shares surged 7.7% after exceeding Wall Street’s expectations with its second-quarter earnings report. The technology company reported earnings per share of $1.74, excluding certain items, and a revenue of $22.93 billion, while Refinitiv’s analysts projected earnings per share of $1.14 and revenue of $20.85 billion.

Broadcom — Shares of the semiconductor manufacturing company declined 4% after providing underwhelming guidance for the fiscal fourth quarter. Broadcom forecasted fourth-quarter revenue of $9.27 billion, while Refinitiv’s analysts had anticipated $9.275 billion.

VMware — The stock of the cloud services provider dipped 1.7%. VMware reported mixed earnings with earnings per share of $1.83, excluding certain items, and a revenue of $3.41 billion. Meanwhile, analysts polled by Refinitiv had expected earnings per share of $1.71 and revenue of $3.46 billion.

Lululemon Athletica — Shares of the athletic apparel retailer rose nearly 2% on Thursday after delivering sales and profits that exceeded analysts’ expectations. Lululemon reported earnings per share of $2.68 and a revenue of $2.21 billion for its fiscal second quarter, while analysts polled by Refinitiv had expected earnings per share of $2.54 and revenue of $2.17 billion. Lululemon also raised its sales outlook for the fiscal year to a range of $9.51 billion to $9.57 billion.