After Hours Summary: Quiet after hours; QDEL -1.1% ticks lower despite upside guidance; PCRX -2.3% down after hoursAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: OTIC +19.5% (provides update on OTIVIDEX program, reports "positive" top-line results from Phase 1/2 trial), GLDD +10.2% (wins several dredging awards totaling $51.1 mln), B +6.7% (announces restructuring actions, including workforce reductions), UBX +3.7% (announces departure of CFO Bob Goeltz), CATS +0.5% (to change its name and ticker to Ontrak (OTRK))
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: QDEL -1.1% (guides Q2 revs above consensus)
Companies trading lower in after hours in reaction to news: CLLS -15.7% (announces clinical hold for MELANI-01 trial), CIDM -6.7% (files for $75 mln mixed securities shelf offering), RVMD -4% (announces offering of 5.5 mln shares), PING -3.9% (guides Q2 revs above consensus, but co says some customers phased-in their purchases, resulting in smaller deal sizes; also files for 7.5 mln share offering by selling shareholders), PCRX -2.3% (guides Q2 revs well above consensus; also announces $300 mln convertible offering), ARE -1.9% (commences 5 mln share offering)