After-Hours Market Movers: Dell, MongoDB, GitLab, and Other Notable Stocks

Dell Technologies — Shares of the computer manufacturer surged nearly 9% after the company exceeded analyst expectations on both revenue and earnings. Dell also raised its outlook for fiscal year 2027, pointing to strong momentum in its artificial intelligence services segment.

MongoDB — The database developer’s stock declined 12%, even though the company reported stronger-than-anticipated earnings and positive forward guidance. MongoDB posted adjusted earnings of $1.90 per share on revenue of $772 million for the second quarter, surpassing LSEG analyst estimates of $1.61 per share and $734 million in revenue.

Credo Technology — Shares of the connectivity-focused company slipped roughly 4% after its non-GAAP gross margin for the first quarter came in at 68%, slightly below the 68.3% consensus forecast from LSEG analysts. Despite this, Credo delivered results that exceeded expectations on both the top and bottom lines.

GitLab — The software company’s stock jumped close to 20% following an earnings beat and raised full-year guidance. GitLab reported adjusted earnings of 24 cents per share on revenue of $286 million for the second quarter, beating LSEG estimates of 18 cents per share and $273 million in revenue.

Palo Alto Networks — Shares of the cybersecurity firm traded essentially flat after reporting better-than-expected results for its fourth fiscal quarter. The company posted adjusted earnings of $1.02 per share on revenue of $3.41 billion, compared to LSEG consensus estimates of 98 cents per share and $3.35 billion in revenue.

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