Check out the companies making headlines after the bell . Walt Disney — Shares added about 1% after the entertainment giant reinstated its dividend at 30 cents a share. The move comes amid activist investor Nelson Peltz and his firm’s proxy fight . The activist is calling for additional seats on Disney’s board. Ulta Beauty — Ulta Beauty shares surged more than 11% on strong third-quarter results . The company earned $5.07 per share on revenue of $2.48 billion and updated the low end of its full-year guidance. Ulta also said its chief financial officer will retire in April. Marvell Technology — The chipmaker gained nearly 3% after the bell. Marvell Technology topped Wall Street’s third-quarter expectations on both the top and bottom lines, posting adjusted earnings of 41 cents per share on $1.42 billion in revenue. Elastic — Shares skyrocketed nearly 15% after Elastic posted revenue for the recent quarter that topped Wall Street’s expectations. Subscription revenue also blew past a StreetAccount estimate of nearly $270 million, and the company’s CEO said generative artificial intelligence is “driving a resurgence of interest in search.” Dell — Dell shares fell slightly after the personal computer maker reported …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines after the bell . Walt Disney — Shares added about 1% after the entertainment giant reinstated its dividend at 30 cents a share. The move comes amid activist investor Nelson Peltz and his firm’s proxy fight . The activist is calling for additional seats on Disney’s board. Ulta Beauty — Ulta Beauty shares surged more than 11% on strong third-quarter results . The company earned $5.07 per share on revenue of $2.48 billion and updated the low end of its full-year guidance. Ulta also said its chief financial officer will retire in April. Marvell Technology — The chipmaker gained nearly 3% after the bell. Marvell Technology topped Wall Street’s third-quarter expectations on both the top and bottom lines, posting adjusted earnings of 41 cents per share on $1.42 billion in revenue. Elastic — Shares skyrocketed nearly 15% after Elastic posted revenue for the recent quarter that topped Wall Street’s expectations. Subscription revenue also blew past a StreetAccount estimate of nearly $270 million, and the company’s CEO said generative artificial intelligence is “driving a resurgence of interest in search.” Dell — Dell shares fell slightly after the personal computer maker reported …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
