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Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report

Go back to Needham & Company Remains Sidelined on Viavi (VIAV) Following Following 4Q Report

Pre-Open Stock Movers 08/12: (CYCC) (SGI) (ACIA) Higher; (ORIG) (CXRX) (XCOM) Lower (more...)

August 12, 2016 9:28 AM EDT

Today'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 EDT

Today'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 EDT

Viavi (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