Let’s check out the companies that are becoming a hot topic for after-hours trading. Okta — Okta beat Wall Street’s fourth-quarter expectations, pushing the identity security provider’s stock up about 2%. According to LSEG, Okta reported adjusted earnings of 90 cents per share on revenue of $761 million, beating analysts’ estimates for the same period of 85 cents per share and revenue of $749 million. Broadcom — The leading chipmaker’s stock fluctuated between gains and losses in the extended session. Broadcom reported strong results in its fiscal first quarter, with revenue up 29% year-over-year. The company’s adjusted earnings per share of $2.05 and revenue of $19.31 billion beat analysts’ estimates of earnings of $2.03 per share and revenue of $19.18 billion, according to LSEG. Earnings guidance for the current quarter also exceeded expectations. StubHub — Secondary Ticketing Market shares fell 6%. Fourth-quarter revenue was $449 million, below LSEG’s consensus estimate of $484 million. The company’s adjusted earnings before interest, taxes, depreciation and amortization were $62.7 million, broadly in line with expectations. Veeva Systems — The cloud solutions provider reported better-than-expected fourth-quarter results, sending its stock up 9% in after-hours trading. Veeva Systems reported adjusted earnings of $2.06 per share, beating analysts’ expectations of $1.93 per share, according to LSEG. The company’s revenue was $836 million, also beating the consensus estimate of $811 million. Rigetti Computing — The quantum computing stock fell about 3%. The adjusted loss of 3 cents per share was in line with the FactSet consensus, but revenue of $1.9 million was below expectations of $2.3 million. American Eagle — The clothing retailer’s stock rose about 1%. American Eagle exceeded fourth-quarter profit and revenue expectations, supported by growth in the Airy brand. ChargePoint – Shares of the electric vehicle charging station company fell nearly 7%. ChargePoint said it expects first-quarter revenue to be in the range of $90 million to $100 million, falling short of the FactSet consensus call of $104.5 million.
