Check out the companies making headlines in after-hours trading. Adobe — Software shares fell 10% on weak revenue guidance for the quarter. Still, Adobe beat analysts’ expectations on both fronts in its first fiscal quarter and announced a $25 billion stock buyback. Ulta — Shares of Ulta fell 5% as the beauty retailer forecast full-year profit below the low end of Wall Street forecasts. Ulta said it expects full-year earnings per share of $26 to $27. Most of those prices were lower than the $27 expected by analysts surveyed by LSEG (formerly Refinitiv). That overshadowed an otherwise strong revenue outlook and a better-than-expected fourth quarter. Cardlytics — Shares of the advertising platform soared 37% after the company reported its first full-year adjusted earnings before interest, taxes, depreciation and amortization turned positive for the first time since 2019. Cardlytics also provided stronger guidance than Wall Street for its current quarter financials. expect. PagerDuty — Shares of the incident response platform fell about 9% as its earnings and revenue guidance for the quarter and full year fell short of expectations. However, the company’s fourth-quarter numbers beat analysts’ expectations on both lines. Zumiez — Shares of Zumiez fell 5% after the specialty retailer gave a weak outlook for the current quarter. Zumiez expected a loss of between $1.09 and $1.19 per share, while analysts polled by FactSet expected a loss of just 34 cents per share. The company set quarterly revenue in a range of $167 million to $172 million, missing analysts’ expectations of $186.3 million. Smartsheet – Shares of the business software provider fell 7% as revenue guidance disappointed Wall Street. Smartsheet advises investors to expect revenue in the range of $257 million to $259 million for the current quarter and $1.113 billion to $1.118 billion for the full year. Meanwhile, analysts polled by FactSet forecast revenue of $262.3 million for the quarter and $1.14 billion for the full year.
