24H|Verint Soars 31%; MongoDB Surges 16%; Applied Digital Jumps 10%; Five Below Gains 4%; PVH Sinks 10%

Tiger Newspress
06-05

Verint, the consumer engagement platform provider, surged 30.9% in overnight trading. In the first quarter, Verint reported adjusted earnings of 29 cents per share on revenue of $208 million. That surpassed the LSEG consensus estimate of 22 cents per share in earnings and revenue of $195 million.

MongoDB lifted its annual guidance and hiked its share buyback program after reporting first-quarter results that topped estimates. MongoDB jumped 15.6% in overnight trading.

Nvidia-backed Applied Digital jumped another 10% in overnight trading. CoreWeave has disclosed in a 13G filing that it hold a 5.5% or a 13.06M share stake in the company. Note that on June 2nd, Applied Digital had announced signing a 250MW AI data center lease With CoreWeave in North Dakota.

Five Below is logging higher-than-expected sales in the first half of the year, as its new chief executive said a renewed focus on value is working. Shares rose 3.9% in overnight trading.

PVH Corp reported better-than-expected first quarter results, but shares fell 9.5% in overnight trading as the company slashed its full-year earnings outlook.

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