After the market close, a handful of public companies registered sharp share-price changes as investors reacted to earnings, revenue results and guidance.
Below are the material movers and the specific outcomes reported by each company.
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Cisco Systems (CSCO) - +15%
Cisco shares surged after the company beat analysts' expectations for both Q3 earnings and revenue. The move accelerated after management raised full-year 2026 guidance to a level well above consensus estimates, prompting an upbeat reassessment of the company's near-term prospects.
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Doximity, Inc. (DOCS) - -15.0%
Doximity's stock fell sharply after the firm missed on Q4 earnings and issued a disappointing forecast for adjusted EBITDA. While revenue slightly exceeded expectations, the company projected adjusted EBITDA in a range of $323 million to $335 million, notably below the $373.8 million analysts had anticipated.
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StubHub Holdings, Inc. (STUB) - +16.0%
Shares of StubHub climbed after the company reported a swing to profit in the first quarter, posting earnings of $0.06 per share compared with a loss a year earlier. The revenue beat and the firm’s decision to reiterate its full-year gross merchandise scale (GMS) and EBITDA targets were received positively by investors.
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STAAR Surgical (STAA) - +16.0%
STAAR Surgical jumped after reporting first-quarter results that doubled analysts' earnings estimates. The company also recorded revenue of $93.5 million, comfortably ahead of the $78.74 million consensus, indicating robust demand for its ophthalmic products.
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Grocery Outlet Holding Corp. (GO) - +13.0%
Grocery Outlet's stock rose after a solid first-quarter earnings beat and top-line growth. The discount retailer offered a steady fiscal 2026 outlook that in large part matched or exceeded market expectations.
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Hewlett Packard Enterprise (HPE) - +4.30%
HPE shares ticked higher, trading in sympathy with Cisco’s strong quarterly performance and its bullish outlook for the networking sector. The industry-wide positive tone suggested investors are more optimistic about demand for enterprise hardware and infrastructure.
Market takeaway - Earnings beats, improved guidance and returns to profitability drove the most notable after-hours moves, while a single earnings shortfall and softer adjusted EBITDA guidance produced a large negative reaction for Doximity.
Note on limitations - This report reflects the specific results, guidance and market responses disclosed by the companies named above and does not add information beyond those announcements.