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Check out the companies making headlines in extended trading.
Guidewire Software — Shares slipped 2% in extended trading after the insurance software company reported that revenue for the fiscal first quarter would miss analysts' estimates. Guidewire is calling for revenue of $197 million to $202 million, while analysts polled by FactSet anticipated $212.5 million.
Smartsheet — Smartsheet's stock popped 6% after the work management software company beat analyst estimates for second-quarter earnings. The company reported an adjusted 16 cents per share on $235.6 million in revenue, while analysts polled by FactSet forecasted 7 cents per share in earnings and $229.6 million of revenue.
Planet Labs — Shares of the satellite imagery company slid more than 6% after Planet Labs fell short of analysts' expectations in its latest quarterly report. Planet Labs reported a second-quarter loss of 14 cents per share and revenue of $53.8 million. Analysts polled by Refinitiv called for a loss of 8 cents per share and revenue of $54.1 million. Guidance for the current quarter and the full year also came in below expectation.
DocuSign — Shares climbed 3.6% after the electronic signature company beat on both the top and bottom line in the second quarter. DocuSign reported an adjusted 72 cents per share on $688 million. Analysts polled by Refinitiv forecast earnings of 66 cents per share and $678 million of revenue.
RH — Shares fell nearly 8% after the luxury home furnishings company reported a weak outlook. The company issued lower-than-expected guidance for third-quarter gross margin of 8% to 10% while Wall Street expected 16.1%, according to Street Account. Third-quarter revenues are expected to come in between $740
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