After-Hours Stock Movers 12/07: (FSCT) (VSTM) (CLDR) Higher; (AOBC) (TELL) (AQMS) Lower (more...)

December 7, 2017 5:56 PM

Today's After-Hours Movers

American Outdoor Brands (NASDAQ: AOBC) 14.5% LOWER; reported Q2 EPS of $0.11, $0.04 better than the analyst estimate of $0.07. Revenue for the quarter came in at $148.4 million versus the consensus estimate of $142.18 million. GUIDANCE: American Outdoor Brands sees Q3 2018 EPS of $0.07-$0.10, versus the consensus of $0.41. American Outdoor Brands sees Q3 2018 revenue of $170-180 million, versus the consensus of $209.38 million. American Outdoor Brands sees FY EPS of $0.57-$0.67, versus the consensus of $1.10. American Outdoor Brands sees Q3 2018 revenue of $650-$675 million, versus the consensus of $712.64 million.

Tellurian Inc. (NASDAQ: TELL) 11.7% LOWER; announced that it intends to offer for sale 8,000,000 shares of its common stock in an underwritten public offering. The Company expects to grant the underwriter a 30-day option to purchase up to 1,200,000 additional shares of common stock of the Company to cover over-allotments, if any. The Company intends to use the net proceeds from this offering for detailed engineering of an LNG terminal facility and an associated pipeline in Southwest Louisiana, general corporate purposes and working capital.

Aqua Metals, Inc. (NASDAQ: AQMS) 8.4% LOWER; intends to offer and sell shares of its common stock in an underwritten public offering. Aqua Metals also expects to grant the underwriters a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

ForeScout Technologies, Inc. (NASDAQ: FSCT) 7% HIGHER; reported Q3 EPS of ($0.53), $0.36 better than the analyst estimate of ($0.89). Revenue for the quarter came in at $64.4 million versus the consensus estimate of $63.98 million. ForeScout Technologies, Inc. sees FY2017 EPS of ($4.56)-($4.39), versus the consensus of ($5.09). ForeScout Technologies, Inc. sees FY2017 revenue of $216-218 million, versus the consensus of $212.81 million.

Verastem (NASDAQ: VSTM) 5.8% HIGHER; Director, Timothy Barberich, bought 60,538 shares on 12/05 at $3.95.

Cloudera, Inc. (NYSE: CLDR) 4.9% HIGHER; reported Q3 EPS of ($0.17), $0.07 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $94.6 million versus the consensus estimate of $91.26 million.

Easterly Government Properties Inc. (NYSE: DEA) 4.4% HIGHER; will replace PharMerica Corp. (NYSE: PMC) effective prior to the open of trading on Tuesday, December 12. KKR and affiliates acquired PharMerica in a transaction completed today.

Science Applications Int'l (NYSE: SAIC) 4.1% HIGHER; reported Q3 EPS of $0.98, $0.11 better than the analyst estimate of $0.87. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.11 billion.

Globalstar, Inc. (NYSE: GSAT) 3.2% LOWER; announced an offering of 38,000,000 shares of Globalstar’s voting common stock on an underwritten basis by FL Investment Holdings, LLC, a stockholder affiliated with Thermo Capital Partners, LLC and controlled by James Monroe III, the Chairman of the Board and Chief Executive Officer of Globalstar, to Morgan Stanley, as the underwriter in a registered offering of these shares.

DAVIDsTEA Inc. (NASDAQ: DTEA) 2.4% HIGHER; reported Q3 EPS of (Cdn$0.17), versus (Cdn$0.10) reported last year. Revenue for the quarter came in at Cdn$43 million, versus Cdn$44.1 million reported last year. Company to explore strategic alternatives

Cutera Inc. (NASDAQ: CUTR) 2% HIGHER; will replace Tesco Corp. (NASDAQ: TESO) effective prior to the open of trading on Friday, December 15. S&P MidCap 400 constituent Nabors Industries Ltd. (NYSE: NBR) is acquiring Tesco in a deal expected to be completed on or about that date, pending final conditions.

Finisar (NASDAQ: FNSR) 1.7% LOWER; reported Q2 EPS of $0.23, $0.07 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $332.21 million versus the consensus estimate of $330.88 million. Finisar sees Q3 2018 EPS of $0.21-$0.27, versus the consensus of $0.33. Finisar sees Q3 2018 revenue of $325-345 million, versus the consensus of $344.9 million.

United Continental Holdings, Inc. (NYSE: UAL) 1.5% HIGHER; authorized a new $3 billion share repurchase program. This amount represents approximately 17 percent of the company's market capitalization based on the closing stock price on Dec. 6, 2017.

United Natural Foods (NASDAQ: UNFI) 1% LOWER; reported Q1 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $2.46 billion versus the consensus estimate of $2.39 billion.

Categories

Special Reports