Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report
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Pre-Open Stock Movers 08/12: (CYCC) (SGI) (ACIA) Higher; (ORIG) (CXRX) (XCOM) Lower (more...)
August 12, 2016 9:28 AM EDTToday's Pre-Open Stock Movers
Ocean Rig UDW (NASDAQ: ORIG) 53% LOWER; Said "Given the ongoing distressed market environment as well as the consensus view that a recovery may not occur for several years, we have engaged financial and legal advisors to assess the viability of our capital structure and alternatives that may be available to pursue."
Cyclacel Pharmaceuticals (NASDAQ:... More
After-Hours Stock Movers 08/11: (SGI) (ACIA) (DK) Higher; (ORIG) (XCOM) (VJET) Lower (more...)
August 11, 2016 5:54 PM EDTToday's After-Hours Movers
Ocean Rig UDW (NASDAQ: ORIG) 53% LOWER; Said "Given the ongoing distressed market environment as well as the consensus view that a recovery may not occur for several years, we have engaged financial and legal advisors to assess the viability of our capital structure and alternatives that may be available to pursue."
SGI (NASDAQ: SGI) 28% HIGHER; signed a definitive agreement to be acquired by Hewlett Packard Enterprise (NYSE: HPE) for $7.75 per... More
Viavi (VIAV) Tops Q4 EPS by 1c
August 11, 2016 4:03 PM EDTViavi (NASDAQ: VIAV) reported Q4 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $224.1 million versus the consensus estimate of $220.39 million.
GUIDANCE:
Viavi sees Q1 2017 revenue of $201-217 million, versus the consensus of $212.1... More