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Check out the companies making headlines in extended trading:
Adobe — Shares fell more than 10% after the software company issued soft guidance. Adobe has released a fiscal fourth-quarter revenue forecast of between $5.50 billion and $5.55 billion. Analysts surveyed by LSEG had estimated revenue of $5.61 billion. The guidance for adjusted earnings per share came in at $4.63 to $4.68 per share, while analysts had expected earnings per share of $4.67. Meanwhile, adjusted earnings and revenue for the third quarter exceeded expectations.
Oracle — The cloud software company advanced nearly 6% after raising revenue expectations. The company announced this during its… analyst day On Thursday, it estimated 2026 revenue at at least $66 billion, higher than previous expectations of $65 billion and analysts’ forecast of $64.8 billion, according to FactSet.
Neurocrine biosciences — The neuroscience-focused biopharmaceutical company lost more than 2%. Neurocrine biosciences reported that the investigational drug luvadaxistat, a treatment for schizophrenia, failed to meet primary endpoints in a phase two trial.
RV — The home furnishings company rose nearly 19% after rising both revenue and profit in the fiscal second quarter. RH reported adjusted profit of $1.69 per share on sales of $830 million. Analysts polled by LSEG had expected earnings per share of $1.56 and revenue of $825 million.
Aptiv PLC — Shares of the auto parts company added 1.7%. A declaration to the U.S. Securities and Exchange Commission showed that CEO Kevin Clark bought nearly 30,000 shares earlier this week.
— CNBC’s Nick Wells contributed reporting.