CrowdStrike (NASDAQ:CRWD) – The cybersecurity company’s stock price jumped more than 24% after the fourth quarter financial results were announced, surpassing forecasts. CrowdStrike‘s earnings per share of 95 cents exceeded analysts’ estimates, who expected 82 cents, according to LSEG. The company’s revenue reached $845 million, surpassing the projected $839 million. Furthermore, the company released forecasts above estimates.
Couchbase (NASDAQ:BASE) – Couchbase shares rose 8.9% in pre-market trading after announcing a 20% increase in fourth quarter revenue. The software company expects revenue for the first quarter between $48.1 million and $48.9 million, surpassing the expectations of $47 million.
Box (NYSE:BOX) – The storage company’s stock value rose 3.2% in pre-market trading after announcing fourth quarter results. Box earned an adjusted 42 cents per share on sales of $262.9 million, while analysts surveyed by FactSet expected an adjusted profit of 38 cents per share on sales of $263.3 million. In addition, Box announced a new partnership to integrate large language models with Microsoft’s Azure OpenAI service.
HashiCorp (NASDAQ:HCP) – In the fourth quarter, HashiCorp reported an adjusted earnings per share of five cents, compared to a loss of seven cents per share in the same quarter of the previous fiscal year, with a revenue of $155.8 million, representing a 15% increase over the previous year. Both results surpassed analyst expectations, who predicted an adjusted earnings per share of one cent and a revenue of $149.29 million.
Nordstrom (NYSE:JWN) – Although it surpassed earnings and revenue forecasts in the fourth quarter, shares fell more than 9% in pre-market trading after the department store chain provided a discouraging projection for 2024. Nordstrom indicated that revenue for the next year could range from a 2% decrease to a 1% increase compared to the 2023 fiscal year.
Ross Stores (NASDAQ:ROST) – The discount store chain announced fourth quarter results that exceeded analysts’ predictions. Ross Stores recorded a profit of $1.82 per share, with a revenue of $6.02 billion, surpassing analysts’ estimates, who expected a profit of $1.65 per share and a revenue of $5.81 billion, according to LSEG. However, shares are down -1.8% in pre-market trading.
Oddity Tech (NASDAQ:ODD) – Oddity Tech, a beauty products company, exceeded expectations with a net revenue of $97 million in the fourth quarter, recording an adjusted earnings per share of 17 cents. For 2024, it projects a revenue between $620 million and $630 million, with adjusted earnings per share between $1.49 and $1.54. The management expects net revenue between $204 million and $207 million in the current quarter, with adjusted earnings per share of 47 cents to 50 cents. In addition, the company announced the launch of two new brands in 2025.