Credit Suisse offices in New York, USA, Thursday, February 9, 2023.
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Check out the companies making headlines after hours.
credit suisse — Credit Suisse shares rose nearly 7 percent Statement from FINMA and the Swiss National Bank Indicates that the bank is currently well capitalized. The SNB added that it would provide additional liquidity if necessary. Shares fell 13.9% during Wednesday’s trading session Earlier, the National Bank of Saudi Arabia, Credit Suisse’s largest investor, said it could not provide any further financial assistance to the Swiss lender.
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adobe — Shares of the software company rose 4.6% following its IPO First-quarter results exceeded Wall Street expectations. The company reported adjusted earnings per share of $3.80 on revenue of $4.66 billion. Analysts polled by Refinitiv had expected earnings of $3.68 a share on revenue of $4.62 billion.
five or less — Shares of the value retailer fell more than 3% in after-hours trading, slipping on the company’s gloomy first-quarter outlook. Five Below reported revenue that beat Wall Street expectations and earnings that were in line, according to Refinitiv data.
paging task — Shares of the digital operations management platform rose 3% after reporting fourth-quarter earnings and revenue that topped estimates. PagerDuty reported adjusted earnings of 8 cents per share on revenue of $101 million.Meanwhile, analysts polled by Refinitiv expected earnings of 2 cents a share on revenue of $98.8 million.
path — Automation software shares surged 12% in extended trading after the company’s quarterly earnings topped estimates. UiPath reported adjusted earnings of 15 cents per share, compared with analysts’ expectations of 6 cents. Revenue also far exceeded expectations.
— CNBC’s Yun Li contributed reporting