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Stocks Making the Biggest Moves After Hours: Salesforce, Box, Ambarella and More

David Paul Morris | Bloomberg | Getty Images

The Salesforce Tower, left, and the Salesforce West office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021.

Check out the companies making headlines after the bell:

Salesforce — Shares of the software giant dropped more than 6% in after hours trading on Tuesday after issuing fourth quarter earnings guidance below expectations. Next year revenue guidance also missed estimates. Salesforce, however, reported better-than-expected earnings and revenue for last quarter. The company also announced it promoted Bret Taylor to the role of co-CEO, alongside Marc Benioff.

Box — Shares of Box rose 8% in after hours trading on Tuesday after beating on the top and bottom lines of its quarterly results. The company reported earnings of 22 cents per share on revenue of $224.0 million. Wall Street expected earnings of 21 cents per share on revenue of $218.5 million, according to Refinitiv. Box's fourth quarter and full year revenue and earnings also topped estimates.

HP Enterprise — Shares of HP Enterprise ticked nearly 8% lower in extended trading on Tuesday after missing last quarter's revenue estimates. The company reported revenue of $7.35 billion, below the forecast $7.38 billion, according to Refinitiv. Earnings, however, came in 4 cents above consensus.

Ambarella — Shares of Ambarella popped nearly 7% in after hours trading on Tuesday after beating on the top and bottom lines of its quarterly results. Ambarella earned 57 cents per share, topping estimates by 8 cents, according to Refinitiv. Revenue came in at $92.2 million, higher than the expected $90.3 million.

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