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Check out the companies making headlines after the bell. Salesforce — Salesforce fell 4% after reporting weaker-than-expected fiscal year guidance. In the fourth quarter, the software company beat Wall Street’s fourth-quarter estimates in revenue and bottom line. The software giant increased its share buybacks by $10 billion and began paying a dividend of 40 cents per share. Snowflake — Snowflake stock plummeted 20% after the business software company announced the departure of his CEO, Frank Slootman. The news came at the same time as the company’s quarterly results beat Wall Street expectations, but the company also announced lower-than-expected product revenue guidance for the first quarter. Duolingo — Shares of the language learning platform soared 19% after the company beat quarterly estimates and reported strong monthly user and booking numbers. Duolingo also provided strong revenue guidance for the first quarter and full year. Okta — Okta rose 20% on better-than-expected quarterly results and first-quarter guidance. The company beat profit estimates by 12 cents and said it expects sales for the period to be in the range of $603 million to $605 million. That beat the $583.8 million expected by analysts polled by FactSet. C3.ai — Artificial intelligence stocks soared 13% on his. C3.ai posted a lower-than-expected adjusted loss of 13 cents per share and beat earnings estimates for the most recent quarter. Paramount Global — Paramount Global shares rose 1% after the company reported mixed quarterly results. The media company reported a surprise adjusted profit of 4 cents per share, beating the 1 cent loss expected by analysts surveyed by LSEG (formerly known as Refinitiv). Revenues were lower than expected. Pure Storage — The data storage stock rose 6.6%. Pure Storage beat Wall Street’s quarterly expectations, reporting earnings of 50 cents per share on revenue of $790 million, according to LSEG. The company’s sales outlook for the first quarter also exceeded the expectations of analysts surveyed by Street Account. Nutanix — Nutanix rose 1% after its fiscal second quarter profit beat analysts’ expectations. The cloud computing company posted adjusted earnings of 46 cents per share on revenue of $565 million. That beat the forecasts of analysts surveyed by LSEG on earnings of 29 cents a share and revenue of $551 million. HP Inc. — HP Inc.’s stock price fell nearly 4% following the release of its first quarter results. The company’s revenue was $13.19 billion, lower than the $13.56 billion expected by analysts polled by LSEG. AMC Entertainment — Movie theater stock fell 8%. AMC Entertainment reported a higher-than-expected loss of 83 cents per share in the fourth quarter. Analysts surveyed by LSEG had expected a loss of 70 cents per share. Figure — Healthcare apparel company fell 13% with mixed fourth-quarter results. Adjusted earnings per share were 5 cents, beating LSEG’s estimate of 2 cents per share. Figs’ sales were $145 million, compared to expectations of $150 million.
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