After-hours buzz: GME, PSTG, SPLK & more
Check out the companies making headlines after the bell on Thursday:
Shares of Gamestop (NYSE: GME) slid more than 7 percent after hours following the company's disappointing second-quarter results.
Gamestop reported second-quarter earnings of 27 cents per share ex-items on revenues of $1.63 billion. Analyst expected earnings of 27 cents per shares on revenue of $1.72 billion, according to a Thomson Reuters consensus estimate.
The company reported a 7.4 percent decrease in global sales, primarily driven by a lack of new video game titles in the second-quarter.
Shares of Pure Storage (NYSE: PSTG) gained more than 11 percent in extended trading on Thursday following the company's narrower than expected loss and revenue beat.
Pure Storage reported a second-quarter loss of 16 cents per shares ex-items on revenue of $163 million. Analysts expected a loss of 23 cents per share on revenue of $155 million, according to a Thomson Reuters consensus estimate.
Shares of Ulta Salon (NASDAQ: ULTA) slid 1 percent after hours despite the company's second-quarter earnings and revenue beat.
Ulta reported second-quarter quarter earnings of $1.43 per share on revenue of $1.07 billion. Analysts expected $1.39 per share on revenue of $1.06 billion, according to a Thomson Reuters consensus estimate.
Shares of Splunk (NASDAQ: SPLK) took a 6 percent dive although the company reported second-quarter earnings and revenue that beat analysts' estimates.
The software company reported second-quarter earnings of 5 cents per share ex-items on revenue of $213 million. Analysts expected 3 cents per share on revenues of $201 million, according to a Thomson Reuters consensus estimate.
For the third quarter, the company gave revenue guidance between $228 million and $230 million, where analysts polled by Thomson Reuters had modeled $228.9 million.
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