Check out companies making headlines in after-hours trading: Adobe – Software vendor stocks slipped around 3% after issuing a second quarter outlook that failed to impress investors. Adobe said revenue for that period ranged between $4.27 billion and $400 billion, compared to the StreetAccount consensus estimate of $42.9 billion. Adjusted revenue is expected to land between $4.95 and $5 per share, with analysts sought $5 per share. American Eagle Outfitters – American Eagle issued weakness in guidance, with major stocks down around 5%. For the current quarter, the company expects its single-digit mid-digit sales to decline, but analysts are expected to vote for LSEG’s expected revenue to increase by 1.3%. The company is still beating revenue, and sales at the same store have been ahead of expectations. Sentinelone – Cybersecurity stocks fell about 15% after Sentinel One gave it a disappointing revenue outlook, with first quarter revenues expected at $228 million, with analysts voted by LSEG projecting $235 million. However, the company exceeded revenue and revenue expectations in the fourth quarter. Intel-Chipmaker’s shares won around 11% after the company said it had appointed Lip Butane as its new CEO. He will replace interim co-CEOS David Jinner and MJ Holsauth, who took over in December after the company’s former CEO Patrick Gelsinger was ousted. UIPATH – Automation and Artificial Intelligence Software inventory has dropped by around 15%. UIPATH issues weak forecasts for first quarter revenue, seeking between $330 million and $335 million. The fourth quarter revenue also missed expectations.
