The Latest
Here’s a look at the companies making headlines after the bell: Zoom Communications – the maker of video calling software edged up nearly %. Zoom beat Wall Street’s quarterly forecasts and issued fiscal fourth-quarter adjusted earnings per share guidance that was broadly in line with expectations. The company also said it has changed its name from Zoom Video Communications to Zoom Communications. Kohl’s — The retail stock fell 6% after announcing that its chief executive would resign in January. Ashley Buchanan, who currently leads craft store owner The Michaels Companies, will succeed current CEO Tom Kingsbury. Agilent Technologies — Shares of Agilent Technologies fell 1.0% after the lab-equipment company issued adjusted full-year and current-quarter profit guidance that fell short of Wall Street forecasts, according to LSEG. %3. Still, the fiscal fourth-quarter results beat analysts’ expectations on both revenue and profit. Semtech — The semiconductor maker’s shares rose more than 13% after better-than-expected quarterly results. Adjusted earnings were 3 cents higher than the 23 cents expected by analysts polled by LSEG. The company also issued strong fourth-quarter guidance. WOODWARD — Shares of the maker of industrial and aerospace machinery soared more than 10% on stronger-than-expected fiscal fourth-quarter results. Woodward said its sales hit record levels due to strong end-market demand. Fluence Energy – Energy storage stocks rose nearly 1%. Fluence reported mixed fiscal fourth-quarter results. Fluence expects revenue in the new year to be between $3.6 billion and $4.4 billion, compared with FactSet’s estimate of $3.95 billion.