Employees assemble food containers on a production line at the Newell Rubbermaid plant in Mogadore, Ohio.
Ty Wright | Bloomberg | Getty Images
Find out which companies are making headlines in extended trading.
Newell Brands – The parent company of brands such as Yankee Candle and Rubbermaid saw its shares fall 3.8% after hours after revising its third-quarter revenue forecast, forecasting less than it had previously expected. The company’s CEO said Newell had experienced “a significantly larger than expected decline in retail orders and continued inflationary pressures on the consumer.”
Gitlab – The software developer’s shares rose 0.04% even after the company reported a weaker-than-expected loss for its latest quarter. Gitlab also released better-than-expected guidance for Q3 losses and earnings per share.
Coupa Software – Coupa shares jumped 13% after smashing earnings estimates for its latest quarter, posting earnings of 20 cents per share against estimates of 9 cents per share, according to Refinitiv. Revenue for the quarter was also better than expected. The company’s full-year earnings and revenue outlook was strong.