Carnival, Palo Alto Networks, RealReal and more

Find out which companies are making the headlines after the Monday bell:

Palo Alto Networks – Shares of the cybersecurity firm fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $ 1.55, compared to a Refinitiv forecast of $ 1.43. Palo Alto’s revenue was $ 1.02 billion, above a Refinitiv estimate of $ 986 million. “The company’s momentum continues to be strong, with second quarter revenue growth of 25% year on year to more than $ 1 billion,” CEO Nikesh Arora said in a statement.

Carnival – Carnival shares were down 2.2% after the company said it was selling $ 1 billion in common stock. Goldman Sachs will lead the public offering.

The RealReal – Shares of the luxury market company fell 7.4% on disappointing quarterly figures. RealReal lost 49 cents per share. Analysts had expected a loss of 41 cents per share, according to Refinitiv. The company’s revenue was also lower than analysts’ expectations by about $ 9 million to $ 84.6 million.

Trex Company – Shares of Trex fell 4.2%, even after the composite deck maker reported better-than-expected fourth quarter results. The company reported earnings of 37 cents per share, beating FactSet’s estimate by 1 cent. The company’s revenue was also higher than expected at $ 228 million. “We expect growth growth in the second and third quarters as our capacity increases and we fill inventory in the channel,” the company said.

Diamondback Energy – Shares of the energy company slipped 2.4% after Diamondback’s quarterly earnings and earnings fell short of analysts’ expectations. Diamondback Energy gained 40 cents per share, against a FactSet forecast of 84 cents per share. Revenue was $ 769 million, about $ 3.3 million below expectations.

Cadence Design Systems – Shares of Cadence jumped 6.3% after the software company reported better-than-expected fourth quarter results. The company posted earnings per share of 83 cents per share, beating the FactSet estimate of 9 cents. Cadence also reported revenue of $ 760 million, beating plan by $ 732 million.

ZoomInfo Technologies – Shares of ZoomInfo rose more than 11% after the company released its latest quarterly results. ZoomInfo gained 12 cents per share in the previous quarter. Analysts had expected earnings of 10 cents a share, according to Refinitiv. The company also released better-than-expected earnings forecasts for the full year. Additionally, the company said it ended the year with more than 20,000 customers, including more than 850 customers with an annual contract value of $ 100,000 or more.

Shopify – Shopify shares fell 2.1% on news of the sale of 1.18 million Class A shares. Citigroup, Credit Suisse and Goldman Sachs will lead the offering.