See which businesses are making news after hours.
DocuSign — Shares increased more than 17% after the provider of electronic contracts posted earnings that exceeded expectations and provided an optimistic revenue outlook for the third quarter. On $622 million in revenue, DocuSign posted earnings of 44 cents per share. Refinitiv’s survey of analysts predicted earnings of 42 cents per share on $602 million in revenue.
Zscaler – Following the release of better-than-anticipated financial results, the stock increased 10.9%. According to Refinitiv, Zscaler exceeded consensus expectations by earning 25 cents per share on a non-GAAP basis, instead of the expected 20 cents. Revenue of $318 million exceeded projections of $305 million.
RH — Shares increased 1.3% following the premium home furnishings retailer’s earnings announcement, which exceeded forecasts for profit and revenue. The company also provided a weaker-than-anticipated third quarter revenue estimate, citing the impact of rising mortgage rates on the housing market.