Monday, March 27, 2023

Stocks making the biggest moves after hours: DocuSign, Zscaler and more

Interior Design space of the Restoration Hardware retailer within the Meatpacking District of New York.

Source: RH

Check out the businesses making headlines after hours.

DocuSign — Shares surged greater than 17% after the digital agreements firm reported an earnings beat, and issued a third-quarter income forecast that was above expectations. DocuSign reported earnings of 44 cents per share on income of $622 million. Analysts surveyed by Refinitiv estimated earnings of 42 cents per share on income of $602 million.

Zscaler — The inventory jumped 10.9% after Zscaler reported better-than-expected outcomes. Zscaler earned 25 cents per share, on a non-GAAP foundation, beating consensus estimates of 20 cents per share, in response to Refinitiv. Revenue got here in at $318 million, outpacing forecasts of $305 million.

RH — Shares rose 1.3% after the posh dwelling furnishings retailer reported earnings that beat revenue and income expectations. However, the corporate additionally issued a weaker-than-expected third-quarter income outlook, saying larger mortgage charges will weigh on the housing market.

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