After-Hours Stock Movers:
Verint Systems (NASDAQ:VRNT) 14% LOWER; reported Q2 EPS of $0.48, $0.09 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $210 million versus the consensus estimate of $225.09M. Verint Systems sees FY2024 revenue of $910M, versus the consensus of $934.58M.
Yext, Inc. (NYSE:YEXT) 13% LOWER; reported Q2 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter came in at $102.6M versus the consensus estimate of $101.98M. Yext, Inc. sees Q3 2024 EPS of $0.06-$0.07, versus the consensus of $0.07. Yext, Inc. sees Q3 2024 revenue of $101.5-102.5M, versus the consensus of $102.28M. Yext, Inc. sees FY2024 EPS of $0.29-$0.30, versus the consensus of $0.28. Yext, Inc. sees FY2024 revenue of $405-407M, versus the consensus of $406.38M.
WestRock (NYSE:WRK) 10% HIGHER; said near deal to merge with Smurfit Kappa Group, according to the WSJ.
UiPath Inc (NYSE:PATH) 7% HIGHER; reported Q2 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $287M versus the consensus estimate of $282.06M. UiPath Inc. sees Q3 2024 revenue of $313-318M, versus the consensus of $315.33M. UiPath Inc. sees FY2024 revenue of $1.273-1.278 billion, versus the consensus of $1.27B.
GameStop (NYSE:GME) 6% HIGHER; reported Q2 EPS of ($0.03), $0.11 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $1.16B versus the consensus estimate of $1.14B.
C3.ai Inc (NYSE:AI) 5% LOWER; reported Q1 EPS of ($0.09), $0.08 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $72.4M versus the consensus estimate of $71.56M. C3.ai sees Q2 2024 revenue of $72-76.5M and $295.0 - $320.0 for the Full Year Fiscal 2024.
Packaging (NYSE:PKG) 2% HIGHER; gains on reports WestRock is near deal to merge with Smurfit Kappa Group.
International Paper Company (NYSE:IP) 2% HIGHER; gains on reports WestRock is near a deal to merge with Smurfit Kappa Group.