After-hours movers: AeroVironment, GitLab gain following results and outlook

After-Hours Stock Movers

AeroVironment (NASDAQ:) 11% HIGHER; Q1 EPS of $1.00, $0.69 better than the analyst estimate of $0.31. Revenue for the quarter came in at $152.3 million versus the consensus estimate of $132.79M. AeroVironment sees FY2024 EPS of $2.30-$2.60, versus the consensus of $2.60. AeroVironment sees FY2024 revenue of $645-675M, versus the consensus of $655.88M.

Mitek Systems (NASDAQ:) 11% HIGHER; Q1 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $45.7M versus the consensus estimate of $43.14M. Mitek Systems sees FY2023 revenue of $169-171M, versus the consensus of $163.61M.

Enbridge Inc. (NYSE:) 7% LOWER; to acquire EOG, Questar, and PSNC from Dominion Energy, Inc. (NYSE:) for a total purchase price of $14.0 billion (CDN$19B), including $9.4B in cash and $4.6B in assumed debt.

Gogo Inc (NASDAQ:) 5% HIGHER; announced that its Board of Directors approved a share repurchase program that grants the company authority to repurchase up to $50M of shares of the company’s common stock.

Gitlab Inc (NASDAQ:) 5% HIGHER; Q2 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $139.6M versus the consensus estimate of $129.82M. GitLab Inc sees Q3 2024 EPS of ($0.02)-($0.01), versus the consensus of ($0.04). GitLab Inc sees Q3 2024 revenue of $140-141M, versus the consensus of $138.11M. GitLab Inc sees FY2024 EPS of ($0.08)-($0.05), versus the consensus of ($0.14). GitLab Inc sees FY2024 revenue of $555-557M, versus the consensus of $542.81M.

Asana Inc (NYSE:) 3% LOWER; Q2 EPS of ($0.04), $0.07 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $162.5M versus the consensus estimate of $157.91M. Asana, Inc. sees Q3 2024 EPS of ($0.11)-($0.10), versus the consensus of ($0.15). Asana, Inc. sees Q3 2024 revenue of $163.5-164.5M, versus the consensus of $162.84M. Asana, Inc. sees FY2024 EPS of ($0.42)-($0.39), versus the consensus of ($0.52). Asana, Inc. sees FY2024 revenue of $642-648M, versus the consensus of $644.35M.

Healthequity Inc (NASDAQ:) 2% HIGHER; Q2 EPS of $0.53, $0.05 better than the analyst estimate of $0.48. Revenue for the quarter came in at $243.5M versus the consensus estimate of $240.06M. HealthEquity sees FY2024 EPS of $1.97-$2.06, versus the consensus of $1.92. HealthEquity sees FY2024 revenue of $980-990M, versus the consensus of $981.07M.