Lowe's stock gained, after the home-improvement retailer posted better-than-expected profit and said same-store sales rose for the first time in nearly two years. Shares advanced about 4% ahead of the market open.

Lowe’s reported quarterly results that beat expectations but gave a downbeat full-year outlook a day after rival Home Depot did the same.

Lowe's expects full-year earnings in the range of $12.15 to $12.40 per share, with revenue in the range of $83.5 billion to $84.5 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOW at https://www.zacks.com/ap/LOW

Pure Storage Inc. (PSTG) on Wednesday reported fiscal fourth-quarter profit of $42.4 million. On a per-share basis, the Santa Clara, California-based company said it had net income of 12 cents. Earnings,

For the current quarter ending in March, Applied Optoelectronics said it expects revenue in the range of $94 million to $104 million. Applied Optoelectronics shares have fallen 32% since the beginning of the year.