Salesforce's shares dipped slightly as it projected current-quarter revenue between $11.27 billion and $11.35 billion, missing analyst expectations of $11.36 billion, although it raised its full-year earnings guidance.
Nutanix's stock rose by 3% after it reported a fiscal third-quarter adjusted earnings and revenue beat, with a non-GAAP operating margin of 22.3%, significantly higher than the 16.9% analysts anticipated. Agilent Technologies saw an 11% increase in its shares after it raised its full-year adjusted earnings guidance to between $6 and $6.10 per share, exceeding previous estimates.
Marvell Technology's shares fell over 1% despite a positive outlook for the current quarter, projecting adjusted earnings of 93 cents per share on revenue of $2.70 billion, both above analyst expectations. Everpure's stock dropped more than 6% after it reported a first-quarter non-GAAP gross margin in line with expectations, although it did beat earnings and revenue estimates.
Snowflake's shares surged 33% after announcing a $6 billion spending plan with Amazon Web Services over five years, alongside first-quarter results that exceeded estimates with adjusted earnings of 39 cents per share and revenue of $1.39 billion. Synopsys' shares fell 1% despite surpassing second-quarter estimates, as it appointed Jesse Cohn from Elliott Investment Management to its board.
Braze's shares tumbled 12% after reporting first-quarter adjusted earnings in line with expectations but falling short on gross margin. American Superconductor's stock slid 10% after it projected adjusted earnings of over 17 cents per share and revenue exceeding $85 million, both below analyst expectations.
NCino's shares rose 11% after raising its full-year revenue guidance to between $642 million and $646 million, slightly above previous estimates