[ad_1]
Traders and finance professionals are working on the opening bell of the New York Stock Exchange (NYSE) Floor, June 3, 2019 in New York.
Drew Angerer | Getty Images News | Getty Images
Discover the companies that make the headlines after the bell:
Box's shares lost nearly 11% in prolonged trading after the cloud computing company lowered its guidance for the current fiscal year. The expected annual business figure for Box is expected to be between $ 688 and $ 692 million, down from the previously set range of $ 700 to $ 704 million. The company announced a loss of 3 cents per share in the first quarter and a business turnover of $ 163 million, exceeding Wall Street estimates of a loss of 5 cents per share and $ 30 million. a turnover of $ 161.4 million.
Coupa Software shares jumped more than 4% after the company posted a surprise profit and reported first-quarter results that exceeded analysts' expectations in terms of results. Coupa announced a profit of 3 cents per share on its earnings of $ 81.3 million, while analysts expected a loss of 4 cents per share on revenue of $ 73.9 million.
Continental Resources shares jumped nearly 3.5% after the oil and natural gas company announced a $ 1 billion stock repurchase program.
Shares of Ventas Real Estate Investment Trust declined 2% after announcing a secondary offering of 11 million shares. The company intends to use the proceeds of the sale to finance an acquisition. Morgan Stanley, Citigroup and JP Morgan are book managers associated with the offer.
[ad_2]
Source link