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Check out the companies making headlines after the bell:
Nordstrom — Shares of the high-end department store jumped 9% in extended trading after its fiscal first-quarter sales beat Wall Street's expectations. The strong results came even as the retailer reported a spending drop and predicted slower sales in the coming months. Nordstrom also reiterated its outlook for the full year.
Salesforce — The software giant saw its stock fall nearly 4%. The company said that capital expenditures in its latest quarter totaled $243 million, up about 36% and above the $205 million consensus among analysts polled by StreetAccount. Aside from this development, Salesforce posted quarterly results thatsurpassed estimates across the board and raised its full-year earnings guidance.
CrowdStrike — The cybersecurity firm's stock tumbled nearly 12% in after-hours trading after the company reported slowing revenue growth. Crowdstrike reported quarterly revenue of $692.6 million, marking a 42% year-over-year increase, which is slower than the 61% growth it reported in the year-ago quarter.
Okta — Shares of the software company dropped 13% in after-hours trading despite a stronger-than-expected quarterly report. It appeared that the management's warning about increasing "macroeconomic pressures" may have been the driver that sent shares lower. Okta also lifted guidance for the 2024 fiscal year.
C3.ai — The artificial intelligence tech company saw its shares tumble 18% even after it beat expectations on the top and bottom lines for its fiscal fourth quarter, according to Refinitiv. C3.ai expects to see fiscal first-quarter revenue of between $70 million and $72.5 million, less rosy than the Street had expected. The stock has
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