By After-Hours Stock Movers:
Dell Technologies (NYSE:DELL) rose 7% after quarterly EPS and revenue topped consensus. Management said momentum for its Infrastructure Solutions Group was a significant tailwind.
lululemon athletica (NASDAQ:LULU) fell 4% after it lowered full year revenue guidance. It now expects net revenue to be in the range of $10.375 billion to $10.475 billion, representing growth of 8% to 9%.
Marvell (NASDAQ:MRVL) Technology (MRVL) rose 5% after reporting solid second quarter results and strong guidance for the third quarter. Its second quarter revenue grew 10% sequentially, above the mid-point of guidance driven by strong demand from AI.
MongoDB (NASDAQ:MDB) rose 15% after it published strong second quarter results, along with better than expected guidance. Management highlighted strong new workload acquisition and better-than-expected Atlas consumption trends.
Ulta Beauty (NASDAQ:ULTA) fell 7.5% after second quarter comparable sales decreased 1.2%. Management said it was encouraged by many positive indicators across its business, but second quarter performance did not meet expectations.
Elastic N.V. (NYSE:ESTC) fell 23% after it lowered full year revenue guidance.