The Docusign Inc. application for download in the Apple App Store on a smartphone arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.
Tiffany Hagler-Geard | Bloomberg | Getty Images
Discover the companies generating buzz in after-hours trading.
Guidewire Software — The shares declined by 2% in extended trading as the insurance software company declared that its revenue for the first fiscal quarter would fall short of analysts’ expectations. Guidewire anticipates revenue ranging from $197 million to $202 million, while analysts surveyed by FactSet projected $212.5 million.
Smartsheet — Smartsheet’s stock surged by 6% after the work management software company surpassed analyst estimates for its second-quarter earnings. The company reported adjusted earnings per share of 16 cents on $235.6 million in revenue, exceeding the FactSet projected earnings of 7 cents per share and $229.6 million in revenue.
Planet Labs — Shares of the satellite imagery company dropped over 6% as Planet Labs failed to meet analysts’ expectations in its latest quarterly report. Planet Labs reported a second-quarter loss of 14 cents per share and revenue of $53.8 million, falling short of Refinitiv’s projected loss of 8 cents per share and revenue of $54.1 million. The guidance for the current quarter and full year also fell below expectations.
DocuSign — Shares rose by 3.6% after the electronic signature company exceeded expectations for both revenue and earnings in the second quarter. DocuSign reported adjusted earnings per share of 72 cents on $688 million in revenue. Refinitiv’s analysts predicted earnings of 66 cents per share and $678 million in revenue.
RH — The shares fell nearly 8% after the luxury home furnishings company reported a disappointing outlook. The company provided a lower-than-expected guidance for the third-quarter operating margin, between 8% and 10%, while Wall Street anticipated 16.1%, according to Street Account. The third-quarter revenues are projected to be between $740 million and $760 million, falling short of analysts’ prediction of $773 million.
VinFast — VinFast stock slipped approximately 2% in after-hours trading. Even though the shares had surged after the company’s listing on the Nasdaq in August, the stock’s rally has significantly cooled down. The shares are on track to finish the week with a nearly 40% loss.
-CNBC’s Darla Mercado contributed reporting.
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