Amazon, CrowdStrike, Asana and more

Amazon, CrowdStrike, Asana and more

Take a look at the businesses making headlines after the bell

Amazon — Shares rose 6.8% within the postmarket after the e-commerce big introduced a 20-for-1 inventory cut up and $10 billion buyback.

CrowdStrike — Shares soared more than 13% in prolonged buying and selling Wednesday after the corporate reported a beat on the highest and backside traces and issued sturdy steering for the 2023 fiscal yr. The corporate noticed earnings of 30 cents per share ex-items on revenues of $431 million within the fourth quarter. Analysts anticipated earnings of 20 cents per share on revenues of $411 million.

Asana — Shares sank 16.9% after-hours regardless of a better-than-expected earnings report. The work administration software program firm posted a lack of 25 cents per share on income of $111.9 million. Analysts anticipated a lack of 28 cents per share, excluding objects, on income of $105.2 million, in line with Refinitiv. Nevertheless, Asana guided to a weaker-than-expected first-quarter loss than anticipated.

Marqeta — The IT service administration firm noticed its shares rally 17.5% within the postmarket after its newest quarterly income beat Wall Road expectations. Marqeta posted $155.4 million in income versus the $137.7 million Refinitiv consensus estimate. The corporate additionally issued a powerful first-quarter income development forecast.

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