Super Micro Computer expects its gross margins in the fourth quarter will be around twice as high as previously forecast. The server company said it expects gross margins of 15% to 17%, up from its previous guidance for up 8.2% to 8.4%. The increase was due largely to a favorable customer and product mix, the company said. The stock climbed 19% to $30.25 in late trading.
AAR reported a higher profit in the fourth quarter and revenue that topped analyst estimates. The aviation services company said its revenue growth was led by a 39% increase in its parts supply segment, while repair, engineering and software sales rose 35%. Still, the stock fell 4.8%, to $134.60, in after-hours trading.
Pegasystems reported second-quarter results below Wall Street expectations, and said its AVC growth rate during the first half of the year was substantially slower than the same period a year earlier. "Unprecedented changes in the AI market caused clients to delay their purchasing decisions," the company said. It said the same factors may continue to impact ACV growth and cash flow generation for the rest of the year. The stock fell 13% to $26.84 in late trading.
Dyne Therapeutics commenced an underwritten public offering of $300 million of its common stock. The clinical-stage company said it plans to grant the underwriters a 30-day option to purchase up to an additional $45 million of shares. All of the shares in the offering will be sold by the company. Shares fell 10% to $21.39 in after-hours trading.
Weatherford's second-quarter revenue topped analyst estimates, despite falling 8% year over year to $1.11 billion. Chief Executive Girish Saligram said the company performed well despite significant disruption in the Middle East. The stock ticked up 2.4% to $85.30 a share after hours.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
July 21, 2026 19:19 ET (23:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments