NVIDIA shares slipped 1% in extended trading after the chipmaker topped earnings estimates and issued strong guidance, despite lingering trade restrictions in China. The company reported adjusted earnings of $2.22 per share on revenue of $96.2 billion for the second quarter, exceeding forecasts. Management projected third-quarter revenue of $108 billion, plus or minus 2%, while noting its outlook excludes any revenue from data center compute sales in China due to ongoing U.S. trade restrictions.
Salesforce led after-hours advancers with a 12% gain after crushing second-quarter earnings expectations. The cloud software giant posted adjusted earnings of $5.90 per share on revenue of $11.3 billion, surpassing consensus by $2.63 per share. The company raised its full-year 2027 earnings guidance to a range of $16.67 to $16.71 per share, citing accelerated margin expansion driven by enterprise cloud subscriptions and AI automation tools such as Agentforce.
CrowdStrike Holdings rose 10% following its quarterly results, posting adjusted earnings of $0.31 per share on revenue of $1.47 billion. The cybersecurity firm boosted its full-year 2027 revenue outlook to between $5.99 billion and $6.01 billion, citing platform consolidation and strong gross retention. Okta surged 17% after reporting adjusted earnings of $1.05 per share on revenue of $805 million, while raising its full-year sales guidance to a range of $3.216 billion to $3.226 billion. The identity management provider attributed growth to expanding enterprise adoption of its Workforce and Customer Identity suites.
Synopsys fell 6% despite beating earnings estimates with adjusted earnings of $3.91 per share on revenue of $2.48 billion and raising its full-year guidance. The chip-design software company’s decline reflected profit-taking following recent gains across similar plays. Nutanix advanced 5% after posting adjusted earnings of $0.60 per share on revenue of $757.1 million for its fiscal fourth quarter, driven by 16% year-over-year growth in annual recurring revenue to $2.55 billion. The hybrid-cloud software provider generated $840.7 million in free cash flow for the full fiscal year and set first-quarter fiscal 2027 revenue guidance at a range of $755 million to $765 million.
HP Inc. bucked the upward trend with an 11% drop after reporting adjusted earnings of $0.83 per share on revenue of $15.7 billion for the third quarter. The company raised its full-year targets but flagged soft fourth-quarter margin expectations as rising component costs for memory and display panels pressured gross margins across its Personal Systems and Printing segments.
