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Check out the companies making headlines after the bell. UiPath — Shares soared 8% after this software company reported fourth-quarter earnings that beat analysts’ expectations. UiPath posted adjusted earnings of 22 cents per share on revenue of $405 million, compared with analysts surveyed by LSEG (formerly Refinitiv) forecasts of 16 cents per share on revenue of $384 million. exceeded. SentinelOne — The cybersecurity name fell 10% after reporting first-quarter and full-year guidance that was in line with analyst expectations, according to LSEG. SentinelOne reported an adjusted loss of 2 cents per share on fourth-quarter revenue of $174 million, but analysts said he expected a loss of 4 cents per share and revenue of $170 million. I expected that. Under Armor — Shares rose less than 1% after the sportswear company announced that CEO Stephanie Linartz would step down after just over a year on the job. Former CEO Kevin Plank will return to his role, and prominent economist and businessman Mohamed El-Erian will become the company’s next chairman of the board. Robinhood — Shares of this trading platform rose about 8% after the company released selected monthly operating data for February 2024. Assets under custody reached $118.7 billion at the end of last month, an increase of 16% from January. Trading volumes and total cash sweep balances also increased. Fisker — Shares of the electric vehicle startup, which was already trading below $1, fell to $1 in after-hours trading after the Wall Street Journal reported that Fisker had hired a restructuring advisor in preparation for a possible bankruptcy filing. The stock fell to 17 cents per share. Fisker acknowledged in late February that its ability to continue as a going concern is in question as it struggles to raise additional financing. The company posted higher-than-expected losses in 2023 and significantly missed production targets. Lennar — The homebuilder fell 1.5% in after-hours trading. Lennar’s first-quarter sales came in at $7.31 billion, below analysts’ expectations. Analyst estimates compiled by LSEG were $7.39 billion. — CNBC’s Christina Cheddar-Berk and her Darla Mercado contributed reporting.
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