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
Check out the companies making headlines in extended trading.
Guidewire Software — Shares slipped 2% in extended trading after the insurance software company reported that revenue for the fiscal first quarter would miss analysts’ estimates. Guidewire is calling for revenue of $197 million to $202 million, while analysts polled by FactSet anticipated $212.5 million.
Smartsheet — Smartsheet’s stock popped 6% after the work management software company beat analyst estimates for second-quarter earnings. The company reported an adjusted 16 cents per share on $235.6 million in revenue, while analysts polled by FactSet forecasted 7 cents per share in earnings and $229.6 million of revenue.
Planet Labs — Shares of the satellite imagery company slid more than 6% after Planet Labs fell short of analysts’ expectations in its latest quarterly report. Planet Labs reported that it had a loss of 14 cents a share in the second quarter, and revenue of $53.8 millions. Refinitiv polled analysts who expected a loss per share of 8 cents and revenue of $54.1million. Guidance for the current quarter and the full year also came in below expectation.
DocuSign — Shares climbed 3.6% after the electronic signature company beat on both the top and bottom line in the second quarter. DocuSign posted an adjusted 72 cents a share on $688 millions. Analysts polled by Refinitiv forecast earnings of 66 cents per share and $678 million of revenue.
RH — Shares fell nearly 8% after the luxury home furnishings company reported a weak outlook. Street Account reports that the company’s guidance for operating margins in the third quarter was lower than expected. Wall Street had been expecting 16.1%. Third-quarter revenues are expected to come in between $740 million and $760 million, while analysts called for $773 million.
VinFast — VinFast stock slipped roughly 2% in after-hours trading. The stock has lost a lot of its initial momentum since the company debuted on the Nasdaq last August. Shares will end the week at a loss of nearly 40%.