Nvidia Corp. shares traded modestly lower in after-hours activity on Wednesday, last down 1%, despite reporting a Q2 revenue beat and issuing upbeat Q3 guidance. The chipmaker posted adjusted earnings of $2.22 per share on revenue of $96.2 billion, topping analyst estimates. Management guided Q3 revenue to $108.0 billion, with a 2% margin of error, though it cautioned that its outlook excludes potential revenue from China due to ongoing trade restrictions. High market expectations offset the positive results.
Synopsys Inc. declined 6% following its Q3 results, which included adjusted earnings of $3.91 per share on revenue of $2.48 billion. The company raised its full-year guidance but faced profit-taking after recent gains in chip-design software stocks.
Salesforce Inc. surged 12% after reporting Q2 adjusted earnings of $5.90 per share, well above the $2.63 consensus, on revenue of $11.3 billion. The company raised its full-year 2027 EPS target to a range of $16.67–$16.71, citing accelerating margin expansion driven by core enterprise cloud subscriptions and its Agentforce AI automation tools.
CrowdStrike Holdings Inc. advanced 10% after posting Q2 adjusted earnings of $0.31 per share on revenue of $1.47 billion, beating estimates. The cybersecurity firm raised its full-year 2027 revenue guidance to a range of $5.99 billion to $6.01 billion, reflecting ongoing platform consolidation and strong gross retention.
Okta Inc. climbed 17% following its Q2 report, which showed adjusted earnings of $1.05 per share on revenue of $805 million. The company raised its full-year sales guidance to a range of $3.216 billion to $3.226 billion, driven by increasing enterprise adoption of its Workforce and Customer Identity suites.
HP Inc. fell 11% after delivering Q3 adjusted earnings of $0.83 per share on revenue of $15.7 billion, topping expectations. While the company raised its full-year targets, shares declined on concerns over soft Q4 margin expectations, as rising component costs—particularly for memory and display panels—pressured gross margins in its Personal Systems and Printing segments.
Nutanix Inc. rose 5% after hours after reporting fiscal Q4 adjusted earnings of $0.60 per share, $0.11 ahead of estimates, on revenue of $757.1 million. Annual recurring revenue grew 16% year-over-year to $2.55 billion, while fiscal Q1 2027 guidance was set at a range of $755 million to $765 million, aligning with Wall Street’s $762 million consensus. The company also generated $840.7 million in free cash flow for the full fiscal year.
