After-Hours Movers 04/16: (GMXR) Higher; (ZOOM) (KITD) (AMTG) (STWD) Lower

April 16, 2012 5:53 PM EDT
Zoom Technologies, Inc. (NASDAQ: ZOOM) 7.9% LOWER; reported Q4 loss of $2.01 million, versus net income of $5.1 million. reported last year. Revenue for the quarter came in at $139 million versus the consensus estimate of $115.39 million.

KIT digital (Nasdaq: KITD) 6.2% LOWER; announces its Non-Executive Chairman Kaleil Isaza Tuzman has resigned.

Apollo Residential Mortgage, Inc. (NYSE: AMTG) 4.4% LOWER; announced the Company is commencing an underwritten public offering of 13,900,000 shares of common stock. The Company expects to grant the underwriters a 30-day option to purchase up to 2,085,000 additional shares of common stock.

GMX Resources, Inc. (NYSE: GMXR) 3.3% HIGHER; provides an operational update, production for Q1, guidance for Q2 and year end 2012 and the Company's election on the semi-annual interest due on its 2017 Senior Secured Notes. Click here to see the full update.

Starwood Property Trust (Nasdaq: STWD) 2.9% LOWER; announces a public offering of 20 million shares of common stock.

Extra Space Storage Inc. (NYSE: EXR) 2% LOWER; will issue and sell 7,000,000 shares of its common stock in a public offering. Citigroup is acting as the sole book-running manager for the offering. The Company will grant the underwriter a 30-day option to purchase up to an additional 1,050,000 shares.


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