Needham & Company Reiterates Buy on MaxLinear (MXL) Following 2Q Report
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
After-Hours Stock Movers 08/08: (HIIQ) (CSLT) (ENDP) Higher; (TUBE) (MXL) (MTW) Lower (more...)
August 8, 2016 6:22 PM EDTAfter-Hours Movers
Health Insurance Innovations (NASDAQ: HIIQ) 30% HIGHER; reported Q2 EPS of $0.27, $0.21 better than the analyst estimate of $0.06. Revenue for the quarter rose 95.6% to $44.5 million versus the consensus estimate of $37.11 million. GUIDANCE: Health Insurance Innovations sees FY2016 EPS of $0.55-$0.65, versus prior guidance of $0.38-$0.42 and the consensus of $0.43. Health Insurance Innovations sees FY2016 revenue of $155-165 million, versus prior guidance of $138-144 million and the consensus of $144.94 million.
TubeMogul (NASDAQ: TUBE) 21.6% LOWER; reported Q2 EPS of ($0.11), $0.04 worse... More
MaxLinear (MXL) Tops Q2 EPS by 6c, Q3 Revenue Guidance Falls Short
August 8, 2016 4:31 PM EDTMaxLinear (NYSE: MXL) reported Q2 EPS of $0.50, $0.06 better than the analyst estimate of $0.44. Revenue for the quarter came in at $101.7 million versus the consensus estimate of $101.94 million.
GUIDANCE:
MaxLinear sees Q3 2016 revenue of $94-98 million, versus the consensus of $104.22... More
Trading Radar for 8/8: Nuance (NUAN), LendingClub (LC), Tyson Foods (TSN), Twilio (TWLO), Hertz (HTZ) Report
August 5, 2016 2:53 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Allergan (NYSE: AGN) - consensus EPS $3.35
Altisource Residential (Nasdaq: RESI) - no Street consensus
Amplify Snack Brands (NYSE: BETR) - no Street consensus
BMC Stock Holdings, Inc. (Nasdaq: BMCH) - consensus EPS $0.24
BioScrip (Nasdaq: BIOS) - consensus loss $0.09
Bluerock Residential Growth REIT (NYSE:... More