© Reuters.
After-Hours Stock Movers:
Veru Inc. (NASDAQ:) 40% LOWER; announced that the U.S. Food and Drug Administration (FDA) has declined to grant at this time the company’s request for Emergency Use Authorization (EUA) for sabizabulin, Verus novel microtubule disruptor, to treat hospitalized adult patients with moderate to severe COVID-19 who are at high risk for Acute Respiratory Distress Syndrome (ARDS).
C3 ai Inc (NYSE:) 17% HIGHER; Q3 EPS of ($0.06), $0.16 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $66.7 million versus the consensus estimate of $64.22M. C3.ai sees FY2023 revenue of $264-266M, versus the consensus of $261M.
ChargePoint Holdings Inc (NYSE:) 13% LOWER; Q4 EPS of ($0.23), $0.04 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $152.8M versus the consensus estimate of $165.09M.
Zscaler (NASDAQ:) 12% LOWER; reported Q2 EPS of $0.37, $0.08 better than the analyst estimate of $0.29. Revenue for the quarter came in at $387.6M versus the consensus estimate of $365.53M. Zscaler sees Q3 2023 EPS of $0.39, versus the consensus of $0.31. Zscaler sees Q3 2023 revenue of $396-398M, versus the consensus of $387.3M. Zscaler sees FY2023 EPS of $1.52-$1.53, versus the consensus of $1.24. Zscaler sees FY2023 revenue of $1.558-1.563 billion, versus the consensus of $1.53B.
Bumble Inc (NASDAQ:) 7% LOWER; selling stockholders affiliated with Blackstone (NYSE:) Inc. and its founder, Whitney Wolfe Herd (collectively, the Selling Stockholders), have commenced an underwritten public offering of 12,500,000 shares of Bumbles Class A common stock
Dell Technologies (NYSE:) 3% LOWER; Q4 EPS of $1.80, $0.15 better than the analyst estimate of $1.65. Revenue for the quarter came in at $25B versus the consensus estimate of $23.51B. Announcing a 12% increase in annual cash dividend to $1.48 per common share. CFO to retire.
Hewlett Packard Enterprise (NYSE:) 1% HIGHER; Q1 EPS of $0.63, $0.09 better than the analyst estimate of $0.54. Revenue for the quarter came in at $7.8B versus the consensus estimate of $7.44B. Hewlett Packard Enterprise sees Q2 2023 EPS of $0.44-$0.52, versus the consensus of $0.47. Hewlett Packard Enterprise sees Q2 2023 revenue of $7.1-7.5B, versus the consensus of $7.04B. Hewlett Packard Enterprise sees FY2023 EPS of $2.02-$2.10, versus the consensus of $2.02.
