Unusual 11 Mid-Day Movers 8/9: (GSV) (CSLT) (MWW) High; (CNXR) (MODN) (ARRY) Low

August 9, 2016 12:59 PM EDT
Get Alerts GSV Hot Sheet
Trade GSV Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Gold Standard Ventures Corp. (NYSE: GSV) (32.2% HIGHER; announced assay results from the first three step out core holes at the recently discovered North Dark Star oxide gold deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. The results significantly increase the size of the North Dark Star deposit while also enhancing its prospective grade and establishing the orientation of a favorable trend supporting the potential for further expansion of the higher grade zone.

Castlight Health (NYSE: CSLT) 31.9% HIGHER; reported Q2 EPS of ($0.11), $0.02 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $23.6 million versus the consensus estimate of $23.09 million.

Connecture (Nasdaq: CNXR) 30.9% LOWER; reported Q2 EPS of ($0.47), $0.25 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $18.7 million versus the consensus estimate of $18.21 million. Connecture sees FY2016 revenue of $85-88 million, versus prior guidance of $100-110 million and the consensus of $97.3 million.

Monster Worldwide, Inc. (NYSE: MWW) 26.7% HIGHER; Randstad Holding nv and Monster Worldwide announced the signing of a definitive agreement under which Randstad will acquire Monster. Under the terms of the merger agreement, Randstad will pay $3.40 per share in cash, or a total purchase price of approximately $429 million (enterprise value).

Model N (NYSE: MODN) 24.9% LOWER; reported Q3 EPS of ($0.16), $0.04 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $27.9 million versus the consensus estimate of $27.34 million. Model N sees Q4 2016 EPS of ($0.13)-($0.11), versus the consensus of ($0.07). Model N sees Q4 2016 revenue of $27.5-28.0 million, versus the consensus of $29.3 million.

Endo Int'l (Nasdaq: ENDP) 23.4% HIGHER; reported Q2 EPS of $0.86, $0.12 better than the analyst estimate of $0.74. Revenue for the quarter came in at $921 million versus the consensus estimate of $864.34 million. Company affirms full year 2016 revenue and adjusted diluted EPS financial guidance.

Array BioPharma (Nasdaq: ARRY) 22.6% LOWER; AstraZeneca announced results from the Phase III SELECT-1 trial of the MEK 1/2 inhibitor, selumetinib, in combination with docetaxel chemotherapy as 2nd-line treatment in patients with KRAS mutation-positive (KRASm) locally-advanced or metastatic non-small cell lung cancer (NSCLC). Array BioPharma was informed of these results on Monday, August 8, 2016.

American Superconductor (Nasdaq: AMSC) 20.9% LOWER; reported Q1 EPS of ($0.64), $0.28 better than the analyst estimate of ($0.92). Revenue for the quarter came in at $13.3 million versus the consensus estimate of $13.39 million. American Superconductor sees Q2 2017 EPS of ($0.88), versus the consensus of ($0.53). American Superconductor sees Q2 2017 revenue of $16-18 million, versus the consensus of $23.7 million.

TubeMogul (Nasdaq: TUBE) 20.3% LOWER; reported Q2 EPS of ($0.11), $0.04 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $55.4 million versus the consensus estimate of $58.14 million. TubeMogul sees Q3 2016 revenue of $53-55 million, versus the consensus of $57.5 million. TubeMogul sees FY2016 revenue of $217-221 million, versus the consensus of $229.12 million.

Resolute Energy (NYSE: REN) 19.9% HIGHER; reported Q2 EPS of ($2.44), $2.41 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $35.4 million versus the consensus estimate of $51.56 million.

Motorcar Parts of America (Nasdaq: MPAA) 18.8% HIGHER; reported Q1 EPS of $0.52, $0.12 better than the analyst estimate of $0.40. Revenue for the quarter came in at $85.4 million versus the consensus estimate of $89.72 million.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Special Reports

Related Entities

Unusual 11 Mid-Day Movers, Definitive Agreement

Add Your Comment