Tech

Ulta, Marvell, DocuSign and more

Florida, Port St Lucie, The Landing at Tradition, outdoor mall, Ulta, beauty store.

Jeff Greenberg | Universal Image Group | beautiful pictures

Check out the companies that hit the headlines after the bell:

Marvell Technology Shares of Marvell Technology jumped more than 11% in extended trading after the semiconductor company posted better-than-expected quarterly results. Marvell posted earnings of 43 cents per share on revenue of $1.21 billion. According to Refinitiv, analysts expect a profit of 39 cents per share on $1.15 billion in revenue.

Ulta Beauty – Ulta Beauty’s stock jumped more than 3% in after-hours trading following a rally in earnings. The beauty store chain posted earnings of $3.93, breaking Refinitv’s consensus estimate of $2.46. Revenue was also higher than expected.

DocuSign – Shares of DocuSign fell more than 25% during the following extended trading period issued weak fourth-quarter guidance. DocuSign expects fourth-quarter revenue of $557 million to $563 million, while analysts expect revenue of $573.8 million, according to Refinitiv.

Ollie’s Bargain Outlet – Shares of Ollie’s Bargain Outlet fell about 18% after the company’s quarterly results fell short of Wall Street expectations. Ollie’s reported earnings of 34 cents per share on revenue of $383 million, while analysts surveyed by Refinitiv expected 47 cents per share on revenue of $415 million.

Asana – Asana stock fell 13% in extended trading despite beating expectations for the third quarter. According to StreetAccount, the work management platform posted a loss of 23 cents per share adjustment, while analysts expected a loss of 27 cents per share.

https://www.cnbc.com/2021/12/02/stocks-making-the-biggest-moves-after-hours-ulta-marvell-docusign-and-more.html Ulta, Marvell, DocuSign and more

Sarah Ridley

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