Try the corporations making headlines after the bell:
Rivian — The electrical car firm’s inventory sank 12% postmarket on Thursday after lacking estimates on the high and backside traces for the fourth quarter because it grapples with provide chain disruptions. Rivian reported a lack of $2.43 per share on income of $54 million, whereas analysts surveyed by Refinitiv anticipated a lack of $1.97 per share on revenues of $60 million.
Oracle — Shares of Oracle slipped 5% in prolonged buying and selling Thursday after the firm met income however missed earnings expectations for the third quarter. The corporate reported earnings per share of $1.13 on revenues of $10.51 billion. Analysts surveyed by Refinitiv anticipated earnings of $1.18 per share on revenues of $10.51 billion. The corporate additionally stated two investments led to a drop in earnings.
DocuSign — DocuSign plummeted 18% throughout prolonged buying and selling on Thursday after issuing weak income steerage for the first quarter and fiscal yr. The e-signature software program maker beat analysts’ expectations on the high and backside traces for the fourth quarter and introduced a $200 million inventory buyback.
Ulta Magnificence — Shares of the retailer rose more than 1% in prolonged buying and selling after beating income estimates for the fourth quarter. The corporate reported revenues of $2.73 billion, whereas analysts polled by Refinitiv anticipated $2.69 billion.
