Look at the companies that hold the headlines in the extended trade. Salesforce – Software stock advanced 6% after the company beat third-quarter revenue. Revenue of $9.44 billion beat consensus estimates of $9.35 billion, according to LSEG. Meanwhile, adjusted earnings of $2.41 per share slightly missed estimates of $2.44 per share. Marvell Technology – The integrated circuit developer jumped 10% after giving rosy guidance for the current quarter. The company sees fourth-quarter revenue of $1.8 billion, compared to Wall Street’s estimate of $1.65 billion, per LSEG. Adjusted third-quarter earnings and revenue also beat expectations. Okta – Shares rose 16% following the company’s stronger-than-expected fourth quarter. Okta sees revenue of $667 million to $669 million for the period, while analysts polled by LSEG looked for $651 million. Adjusted third-quarter earnings and revenue also beat expectations. Pure Storage – The data storage company rallied more than 26% on its top-of-the-line quarterly results. Pure Storage posted adjusted earnings of 50 cents per share on revenue of $831 million. Analysts had expected earnings of 42 cents per share and revenue of $815 million, according to LSEG. Box – Shares fell 2.6% after the cloud-based content management company reported disappointing fourth-quarter guidance. Box forecasts adjusted earnings of 41 cents per share on revenue of $279 million, which is in line with what analysts were looking for, per LSEG. Shares of Campbell’s — the canned soup company — fell more than 3%. Campbell said general manager Mark Clouse will retire and join the NFL’s Washington Commanders as president. The company also posted its fiscal first quarter results, reporting revenue of $2.77 billion, while analysts polled by LSEG had forecast $2.8 billion. However, adjusted earnings of 89 cents per share beat estimates of 87 cents per share.
