After Hours Summary: ICHR +11% and UAL +2% higher following guidance... NVDQ -16.3% lower following guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ICHR +11.2% (sees Q4 revs $131 mln vs $117.90 mln Capital IQ Consensus Estimate, expects Q1 sales to be higher than Q4), SYK +1% (sees FY16 EPS at high end of $5.85-5.80 vs $5.78 Capital IQ Consensus Estimate; sees revs $11.3 bln vs $11.30 bln Capital IQ Consensus Estimate), MX +0.8% (MagnaChip Semi reports prelim Q4 sales at high end of guidance / above consensus; announces proposed $65 mln private offering of exchangeable senior notes and stock repurchase), SNX +0.3%
Companies trading higher in after hours in reaction to news: BIOC +21% (continued momentum), ENPH +14.2% (announces a $10 mln private placement of its common stock to T.J. Rodgers and John Doerr, chairman of Kleiner Perkins Caulfield & Byers), CTSO +10.3% (light volume; CytoSorbents and the U.S. Air Force determine to close the Company-sponsored, 30 patient, single site, randomized controlled human pilot study of the CytoSorb product to evaluate patients with severe trauma and rhabdomyolysis), AKAO +6.9% (Baker Bros discloses 13.1% passive stake), CUR +6.4% (continued strength), MRK +3.5% (receives FDA acceptance of supplemental biologics license application for Keytruda in combo with chemotherapy for first-line treatment of metastatic non-squamous non-small cell lung cancer), UAL +1.7% (expects Q416 consolidated passenger unit rev to decline 1.25-1.75% prior 3-4%)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NVDQ -16.3% (sees Q4 rev below consensus; sees FY17 rev below consensus), VECO -3% (reports prelim Q4 results with upside adj EPS guidance and in-line revs; announces public offering of $200 mln of convertible senior notes due 2023), LMNR -1.6%
Companies trading lower in after hours in reaction to news: BRG -4.3% (commenced a public offering of 4,000,000 shares of its Class A common stock), PE -4% (announces Midland Basin and Delaware Basin acquisitions and introduces 2017 capital program and operating guidance; expects ~60% annual production growth in 2017; commenced an underwritten public offering of 20,000,000 shares of Class A common stock), JNPR -2.4% (downgraded to Sell from Hold at Deutsche Bank), PFGC -1.5% (announces secondary offering of 10 mln shares of common stock by stockholders, including affiliates of The Blackstone Group)