Tuesday, December 6, 2022
HomeBusinessStocks making the biggest moves after hours: DocuSign, Zscaler and more

Stocks making the biggest moves after hours: DocuSign, Zscaler and more

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Interior Design area of the Restoration Hardware store in the Meatpacking District of New York.

Source: RH

Check out the companies making headlines after hours.

DocuSign — Shares surged more than 17% after the electronic agreements company reported an earnings beat, and issued a third-quarter revenue forecast that was above expectations. DocuSign reported earnings of 44 cents per share on revenue of $622 million. Analysts surveyed by Refinitiv estimated earnings of 42 cents per share on revenue of $602 million.

Zscaler — The stock jumped 10.9% after Zscaler reported better-than-expected results. Zscaler earned 25 cents per share, on a non-GAAP basis, beating consensus estimates of 20 cents per share, according to Refinitiv. Revenue came in at $318 million, outpacing forecasts of $305 million.

RH — Shares rose 1.3% after the luxury home furnishings retailer reported earnings that beat profit and revenue expectations. However, the company also issued a weaker-than-expected third-quarter revenue outlook, saying higher mortgage rates will weigh on the housing market.



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