Check out the companies making headlines after the bell. UiPath — Shares of UiPath rose 8% after the software company reported fourth-quarter results that beat analysts’ expectations. UiPath reported adjusted earnings of 22 cents per share on revenue of $405 million, above the 16 cents per share on revenue of $384 million expected by analysts polled by LSEG (formerly Refinitiv). SentinelOne — Shares of SentinelOne fell 10% after the cybersecurity company issued first-quarter and full-year guidance that was in line with analysts’ expectations, according to LSEG. SentinelOne reported a fourth-quarter adjusted loss of 2 cents per share on revenue of $174 million, while analysts expected a loss of 4 cents per share on revenue of $170 million. Under Armor — Shares of Under Armor rose less than 1% after the athletic apparel company announced that Chief Executive Stephanie Linnartz will step down after more than a year on the job. Former CEO Kevin Plank will return to the role, and prominent economist and businessman Mohamed El-Erian will serve as the company’s next chairman of the board. Robinhood — Shares of Robinhood rose about 8% after the trading platform released selected monthly operating data for February 2024. As of the end of last month, assets under custody reached US$118.7 billion, an increase of 16% from January. Transaction volumes and total cash balances also increased. Fisker — Shares of the electric vehicle startup fell to 17 cents a share in after-hours trading after the Wall Street Journal reported that Fisker had hired restructuring advisers to prepare for a potential bankruptcy filing. at $1. In late February, Fisker admitted it had doubts about its ability to continue as a going concern as it struggled to raise additional capital. The company reported a bigger-than-expected loss for 2023 and missed its production target by a wide margin. Lennar — The homebuilder’s shares fell 1.5% in after-hours trading. Lennar reported fiscal first-quarter revenue of $7.31 billion, missing analysts’ expectations. Analysts polled by London Stock Exchange Group (LSEG) expected $7.39 billion. —CNBC’s Christina Cheddar-Berk and Darla Mercado report.
