Let’s check out the companies that are becoming a hot topic for after-hours trading. Salesforce — The software company’s stock rose more than 5% in after-hours trading after Salesforce reported mixed third-quarter results, but fourth-quarter revenue increased. Salesforce’s most recent quarterly earnings, excluding items, were $3.25 per share, beating LSEG’s estimate of $2.86 per share. Revenue was $10.26 billion, slightly below the consensus estimate of $10.27 billion. Salesforce raised its full-year sales forecast to $41.45 billion to $41.55 billion. UiPath — The business automation software provider soared 9% post-market after third-quarter adjusted earnings of 16 cents per share and revenue of $411 million beat analyst consensus estimates of 15 cents and $393 million, respectively, according to LSEG data. Snowflake — The cloud-based data storage stock fell more than 8% after Snowflake gave a somewhat disappointing outlook for product revenue growth in the January quarter. Still, the company reported significant improvement in third-quarter sales and bottom line profits. Expectations for the results are high, and the stock price has risen 72% since the beginning of the year. Five Below — The discount retailer reported significantly worse third-quarter results, sending its stock up about 4% in after-hours trading. Five Below’s adjusted earnings per share were 68 cents, nearly triple the 24 cents expected by analysts, according to LSEG. The company’s sales of $1.04 billion also significantly exceeded analysts’ expectations of $980 million. C3.ai — C3.ai stock fell more than 1% after the company reported an adjusted loss per share and improved subscription revenue, but gross margins were lower than expected. The company’s adjusted loss for the fiscal second quarter was 25 cents per share, widening from a loss of 6 cents per share in the year-ago period. Analysts surveyed by LSEG had expected a loss of 33 cents per share. PVH Corp. — Shares of the Calvin Klein and Tommy Hilfiger brands fell nearly 3% after the company lowered its revenue and profit expectations to the high end of previous guidance. The revised forecast follows better-than-expected fiscal third-quarter results. For the fiscal year, PVH now expects adjusted earnings of $10.85 to $11.00 per share, compared with previous expectations of $10.75 to $11.00 per share. Sales are expected to grow at a low single-digit pace. –CNBC’s Christina Cheddar Burke and Scott Schnipper contributed reporting.
