Check out the stocks making headlines in extended trading: $Restoration Hardware (RH.US)$ — Shares of luxury home furnishings retailer RH
jumped 7% after the company said it expects its demand trends to accelerate throughout fiscal year 2024, even as it foresees business conditions to "remain challenging" until interest rates ease and the housing market bounces back. RH missed earnings and revenue expectations for the fourth quarter, however, and guided first-quarter revenue down to the low-single digits.
$MillerKnoll (MLKN.US)$ — The stock plunged 12.8% after falling short on third-quarter revenue estimates. The company, which makes seating products and furniture systems, reported 45 cents per share in adjusted earnings, while analysts expected 44 cents per share. Revenue came out at $872.3 million, below analysts' expectations of $909.6 million for the quarterly period, per FactSet.
$Sprinklr (CXM.US)$ — Shares added 7.6% after the software stock after the company beat fourth-quarter earnings and revenue expectations. Sprinklr reported adjusted earnings per share of 13 cents, which came out 4 cents above analysts' forecasts, per FactSet. The company's revenue of $194.2 million also surpassed expectations of $188.7 million.
$Verint Systems (VRNT.US)$ — Shares rose 5.2% after the customer engagement solutions provider beat fourth-quarter earnings per share and revenue estimates. The company posted adjusted earnings of $1.07 per share on revenue of $265.1 million, while analysts polled by FactSet had called for 97 cents per share in adjusted earnings on revenue of $262.5 million.