After Hours Summary: SANM +16.5%, SMCI +9.8%, FFIV +8.7%, CLS +7.9% up big on earnings; CALX -22.2%, HLIT -7%, WHR -4.1% down following earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SANM +16.5%, SMCI +9.8%, FFIV +8.7%, CLS +7.9%, WWD +5.1%, HP +4.2%, BIGC +3.6% (guidance; President departing), NUE +1.4%, CSWC +0.9%, ARE +0.5%
Companies trading higher in after hours in reaction to news: RCUS +11% (amends agreement with GILD), B +3.5% (Irenic Capital discloses 5.1% passive stake), NBTX +2.6% (receives milestone payment from JNJ), FLEX +2.2% (trading in sympathy with SANM), JBL +1.7% (trading in sympathy with SANM), HALO +1.3% (Takeda received European Commission approval for HYQVIA), JBLU +0.4% (COO promoted to CEO), VALE +0.4% (Q4 production results), ICFI +0.3% (awarded $33 mln contract), GM +0.2% (increases dividend), VOYA +0.1% (new non-exec Chair), AAL +0.1% (laying off 656 workers, according to Bloomberg)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CALX -22.2%, HLIT -7%, WHR -4.1%, CLF -2.9%, TWO -1.8%, SFBS -1.8%, CR -1.5%, ARCO -1.4%, GGG -0.2%, PCH -0.1%
Companies trading lower in after hours in reaction to news: FEAM -6.7% (stock offering), IMCR -5.5% (convertible senior notes of $300 mln), SLAB -4.2% (delaying Q4 earnings call), TAK -2.4% (received European Commission approval for HYQVIA), CDE -2% (Q4 production results), LDOS -1.1% (awarded prime contract), LEVI -0.8% (Michelle Gass assumes CEO role as previously announced), GILD -0.1% (amends agreement with RCUS)