Stocks going big after hours: CS, ADBE, PATH

A Credit Suisse office in New York, US, on Thursday, February 9, 2023.

Stephanie Keet | Bloomberg | Getty Images

Check out the companies making headlines after the bell.

Swiss credit Credit Suisse shares rose nearly 7% after a statement from the Swiss financial market regulator and the Swiss National Bank said the bank is currently well capitalized. The SNB added that it would provide additional liquidity if needed. Shares plunged 13.9% during Wednesday’s trading session after Credit Suisse’s biggest investor, Saudi National Bank, said it was unable to provide the Swiss bank with any further financial assistance.

Adobe Shares of the software company rose 4.6% after its fiscal first quarter results beat Wall Street estimates. The company reported adjusted earnings of $3.80 per share and revenue of $4.66 billion. Analysts polled by Refinitiv had expected earnings of $3.68 per share on revenue of $4.62 billion.

Five below Shares of the value retailer fell more than 3% in extended trading, negatively impacting the company’s dovish outlook for the first quarter. Five Below reported revenue that beat Wall Street’s expectations, according to Refinitiv, and earnings were in line with estimates.

PagerDuty Share of the digital operations management platform rose 3% after reporting earnings and revenue growth for the fourth quarter. PagerDuty posted adjusted earnings of 8 cents per share on revenue of $101 million. Meanwhile, analysts polled by Refinitiv had estimated earnings per share at 2 cents and revenue at $98.8 million

UiPath Automation software shares rose 12% in extended trading after the company’s quarterly earnings beat expectations. UiPath reported adjusted earnings per share of 15 cents, compared to the 6 cents expected by analysts. Turnover also exceeded expectations.

CNBC’s Yun Li contributed to the coverage


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