After Hours Summary: CSCO +0.8% ticks higher on earnings; DLO +21.1% also higher on earnings; IBTA -21.6%, NOA -16.4%, COHR -16.1% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: DLO +21.1% (also names new CFO), KE +12%, SPIR +1.3%, CSCO +0.8%
Companies trading higher in after hours in reaction to news: VSTM +11.2% (abstract from study in China of GFH375), IMRX +5% (files for $300 mln mixed securities shelf offering), KBR +2.6% (awarded $2.459 bln NASA contract), KMPR +1.1% (enters into $150 mln accelerated share repurchase transaction), ELVN +1% (files mixed securities shelf offering), HOOD +0.6% (reports July operating data), SRPT +0.4% (ARWR to receive $100 mln milestone payment in form of ARWR shares and cash from SRPT)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: IBTA -21.6%, NOA -16.4%, COHR -16.1% (also to sell Aerospace and Defense business to private equity firm for $400 mln), AFYA -11.5% (also authorizes new 4 mln share repurchase program), SARO -3.9%, BOC -3.8%
Companies trading lower in after hours in reaction to news: LUNR -10% ($250 mln convertible notes offering), BSGM -8.7% (stock offering), DOV -3.8% (Bulloch POS system now available in US), KVYO -3.8% (6.5 mln share offering commenced by selling shareholders), ARWR -2% (ARWR to receive $100 mln milestone payment in form of ARWR shares and cash from SRPT), CIEN -1.6% (in sympathy with CSCO earnings), LITE -1% (in sympathy with CSCO earnings), REZI -0.8% (makes $1.59 bln cash payment to HON to complete previously announced transaction), GMRE -0.5% (approves $50 mln share repurchase program and 1-for-5 reverse stock split), AVGO -0.2% (in sympathy with CSCO earnings), HELE -0.1% (names new CEO), GOOG -0.1% (announces additional $9 bln investment in Oklahoma in cloud and AI infrastructure), LMT -0.1% (awarded a $720 mln modification to US Army contract)