After Hours Summary: QLYS +18.6%, RVLV +15.6%, TMCI +14.1%, MGNX +12.2%, GMED +9.5% higher on earnings; EXAS -30.1%, AVNW -18.2%, MEC -17.1%, SMCI -15%, CPNG -8.8% lower on earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: QLYS +18.6%, RVLV +15.6%, TMCI +14.1%, MGNX +12.2%, GMED +9.5%, MRCY +9.4%, RYAM +7%, CRC +5.6%, GO +4.7% (also authorizes new $100 mln share repurchase program), LMB +4.2% (also files mixed shelf securities offering), PAAS +3.6%, NOG +3.3%, STKL +2.9%, IGIC +2.8%, KGC +1.8%, DJT +1.8%, NE +1% (increases share repurchase authorization by $400 mln), NVEI +0.8%, SPR +0.6% (provides FCF guidance; also warns substantial doubt about its ability to continue as a going concern), FYBR +0.3%, HLIO +0.2%, DVN +0.1%
Companies trading higher in after hours in reaction to news: WSC +7.4% (TOMS Capital builds stake, pushes for a strategic review, according to Bloomberg), TTEC +1.7% (suspends dividend, changes location on HQ, closes on sale of a real estate asset for $45.5 mln), PSTX +1.5% (to present data on CAR-T Cell Therapies), ITRI +1.3% (Eastside Utility deploying Itron's Smart Water Solutions), WFRD +1.1% (announces two contracts in the Middle East), CBOE +0.9% (reports Oct trading volume), BLND +0.7% (new partnership with Covered Insurance Solutions), CSCO +0.5% (Cisco routers, among others, were used by hackers in Chinese intrusions, according to WSJ), PLOW +0.3% (COO bought 5,000 shares), TD +0.2% (expects Q4 catastrophe claims of $388 mln), ACAD +0.1% (to sell its Rare Pediatric Disease Priority Review Voucher for $150 mln), EMR +0.1% (AZPN receives takeover bid from EMR)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EXAS -30.1%, CRCT -27.7%, AVNW -18.2%, MEC -17.1%, SMCI -15% (also finds no evidence of fraud or misconduct by mgmt or board), EOSE -12.6% (also new customer agreement with City Utilities), BGS -12%, INNV -10.2%, CPNG -8.8%, SWIM -8.8%, IRBT -7.3% (announces restructuring plan, which includes a 16% workforce reduction), BBAI -7.1%, WTTR -5.7%, RARE -5.5% (also provides DTX401 Phase 3 follow-up data), NCMI -5.5%, MCHP -4.8% (also increases dividend), MBC -4.8%, MASI -4.7%, RYTM -4%, LUMN -3.1%, VTEX -2.1%, ERO -2.1% (also names new Exec Chairman and new CEO), TX -1.5%, NHI -1.2%, PCVX -1%, IFF -0.6%, JKHY -0.3%, PBA -0.3%, INFN -0.3%, AIZ -0.1%, MRC -0.1% (also names new Board Chair)
Companies trading lower in after hours in reaction to news: NVAX -4.9% (discloses settlement agreement), DAVE -4.4% (FTC takes action against online cash advance app Dave; also issues upside Q3 guidance), ASR -1.8% (reports Oct traffic), LXRX -1.7% (announces Sotagliflozin data published), GLPG -0.6% (to present results of new data), AMZN -0.3% (Jeff Bezos sold 1,068,452 shares pursuant to a Rule 10b5-1 trading plan), AAPL -0.2% (Apple wants Foxconn to produce servers in Taiwan, according to Nikkei), ADM -0.1% (discloses additional restatement related info)