Intuit Inc. (NASDAQ:INTU) announced first-quarter fiscal 2024 adjusted earnings per share (EPS) of $2.47, surpassing the analyst consensus forecast of $1.98.
The global financial technology platform’s revenue for the period, meanwhile, rose 15% year over year to $3.0 billion, also exceeding Wall Street expectations of $2.88 billion.
CrowdStrike reported third-quarter earnings that topped Wall Street estimates and guidance for the upcoming quarter in line with expectations but this wasn’t enough to impress investors who likely wanted to see a stronger performance from the cybersecurity company.
Shares of the stock fell 2.2% to US$207.98 shortly following the release of its earnings report.
Hewlett Packard Enterprise Co (NYSE:HPE) shares rose 0.6% in extended trading after the company swung to a profit in its fiscal fourth-quarter results.
The information technology company posted a profit of $642 million, compared to a loss of $304 million in the year-ago quarter. Adjusted earnings were $0.52 per share, compared to $0.57 a year earlier and above expectations of $0.50.
Workday Inc (NASDAQ:WDAY) shares moved higher in afterhours trade as the provider of enterprise cloud applications for finance and human resources professionals reported estimate-topping third-quarter results.
For 3Q, Workday said its revenue rose 16.7% year over year to $1.87 billion, ahead of estimates of $1.84 billion. Subscription revenue was $1.69 billion, up 18.1% from the same period last year.
Splunk Inc (NASDAQ:SPLK) managed to top expectations on the top and bottom lines with its fiscal third-quarter results.
The data analysis software company posted adjusted earnings of $1.55 per share on revenue of $1.07 billion, compared to expectations of $1.12 per share on revenue of $1.03 billion.
NetApp Inc. (NASDAQ:NTAP) shares jumped more than 11% after the company beat expectations with its fiscal second-quarter results and issued promising guidance.
The data infrastructure company posted adjusted earnings of $1.58 per share on revenue of $1.56 billion, compared to expectations of $1.40 per share on revenue of $1.53 billion.
Elsewhere, Charlie Munger, the vice chairman of Berkshire Hathaway and long-time collaborator of Warren Buffett, passed away on Tuesday at the age of 99 in California.
Widely considered as one of the most legendary investors to ever do it, Munger played a pivotal role alongside Buffett in transforming Berkshire Hathaway Inc (NYSE:BRK.A) into one of the most successful conglomerates globally.