Pedestrians wearing protective masks walk past a banner displaying Asana Inc. signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE) in New York, United States, Wednesday, September 30, 2020.
Michael Nagle | Bloomberg | Getty Images
Find out which businesses are making headlines after hours.
Asana – Shares of the labor management platform operator plunged about 12% in extended trading after the company announced a loss for the last quarter on a non-GAAP basis, although it was narrower than expected. The company also released a weaker-than-expected forecast for fourth-quarter revenue.
Z-scale – The cloud security company saw its shares fall 9% following its quarterly earnings report, despite strong results. Earnings and revenue were above analysts’ expectations. The company also forecast better-than-expected earnings and revenue for its fiscal second quarter and full year.
Marvell Technology – The semiconductor stock fell 6.9% after the company reported weaker-than-expected earnings and revenue for the last quarter. Its revenue outlook for the fourth quarter is also below analysts’ expectations.
pager – Shares of the computer company rose more than 4% after posting a slight profit in the third quarter, beating analysts’ expectations of a loss. Its turnover is better than expected.