After Hours Summary: INTT +26%, ABTL +5% higher following earnings/guidance... FNSR -17% and weighing on optical names after missing quarterly estimates/issuing downside guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INTT +25.5% (thinly traded), COGT +8.2%, MYRG +7.4% (ticking higher), CDXS +5.4% (light volume), ABTL +5.2%
Companies trading higher in after hours in reaction to news: CRIS +6.2% (continued strength), SKLN +3.2% (light volume, schedules call to provide business update and discuss recent/upcoming milestones for March 15 at 4:30pm ET)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FNSR -17.4%, SMSI -16.4% (very thinly traded), ZUMZ -14.3%, XTNT -13.6%, RGSE -11.8%, SGRY -11.7%, MED -7.8%, BVX -7% (very thinly traded), EYES -6.5%, CARA -5.7%, ULTA -4.8%, LOCO -4.4%, ROKA -2.5%, FRPT -1%
Companies trading lower in after hours in reaction to news: MEET -9.5% (commences common stock offering), ARE -3.3% (commences an underwritten public offering of 6,100,000 shares of common stock; updates guidance in connection with offering), ALR -3.2% (attributed to unfavorable court hearing), OOMA -1.1% (to offer 2,861,290 shares of common stock in secondary offering by certain stakeholders)
Optical names are lower following Finisar (FNSR) earnings/guidance: FN -3.4%, OCLR -3%, AAOI -3%, LITE -1.9%