After-hours movers: Palo Alto Networks, Take-Two, Toll Brothers and more
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After-hours movers:
Palo Alto Networks (NASDAQ: PANW) fell 4% after it published quarterly results and guidance that generally matched consensus. Fiscal third quarter revenue grew 15% year over year to $2.3 billion.
Toll Brothers (NYSE: TOL) rose 5.5% after EPS topped consensus and management reaffirmed guidance. Net income and earnings per share were $352.4 million and $3.50 per diluted share, compared to net income of $481.6 million and $4.55 per diluted share in FY 2024’s second quarter.
Take-Two Interactive Software (NASDAQ: TTWO) fell 3% after it announced a proposed underwritten public offering of $1 billion of shares of its common stock. Take-Two intends to use the net proceeds for general corporate purposes, which may include the repayment of outstanding debt and future acquisitions.
Carter's (NYSE: CRI) fell 9% after it cut its dividend. Management said the current dividend was misaligned with its level of profitability.
Nu Holdings (NYSE: NU) fell 4% after its COO stepped down.
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