See the companies making headlines in after-hours trading. Ulta Beauty – The beauty products retailer saw its shares drop nearly 7% after missing expectations for both top and bottom line results in the second quarter. Ulta’s earnings came in at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was $2.55 billion, also lower than analyst expectations of $2.61 billion. The company also lowered its full-year guidance. MongoDB – Shares of the database company rose nearly 13%. MongoDB issued strong fiscal guidance for the third quarter, forecasting adjusted earnings of 65 to 68 cents per share on revenue of $493 million to $497 million. Analysts polled by LSEG expected earnings of 60 cents per share and revenue of $479 million. Dell Technologies – Shares rose 3.6% after the tech company handily beat quarterly expectations. Dell reported second-quarter adjusted earnings of $1.89 per share, beating analysts’ expectations of $1.71 per share, according to LSEG. Revenue of $25.03 billion also exceeded analyst expectations of $24.53 billion. Marvell Technology – The semiconductor company rose almost 9%. Marvell issued third-quarter guidance that exceeded analyst expectations, calling for adjusted earnings of 40 cents per share on revenue of $1.45 billion. Analysts polled by LSEG expected earnings of 38 cents per share and revenue of $1.40 billion. Lululemon Athletica – Shares of the athletic apparel retailer rose 6% after the company posted better-than-expected earnings but lackluster revenue for the second quarter. Lululemon reported earnings of $3.15 per share on revenue of $2.37 billion. Analysts surveyed by LSEG expected earnings of $2.93 per share on revenue of $2.41 billion. Elastic NV – Shares of the artificial intelligence search company fell 23%. Elastic gave weak guidance for second-quarter revenue, forecasting $353 million to $355 million, compared to analysts’ estimate of $361 million per LSEG. Full-year revenue expectations were also weak. However, fiscal first-quarter results exceeded Wall Street expectations. – CNBC’s Darla Mercado contributed reporting.
Stocks making the biggest moves after hours: ULTA, DELL, LULU, MDB
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