After-Hours Stock Movers 10/04: (SGH) (PRTK) Higher; (HSGX) (KMPH) (CUTR) Lower (more...)

October 4, 2018 5:38 PM EDT
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Price: $0.16 --0%

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Today's After-Hours Movers:

Histogenics Corporation (NASDAQ: HSGX) 36% LOWER; announced that it intends to offer and sell shares of its common stock and accompanying warrants to purchase shares of common stock in an underwritten public offering.

KemPharm, Inc. (NASDAQ: KMPH) 26.5% LOWER; announced that it intends to offer and sell shares of its common stock in an underwritten public offering.

Cutera, Inc. (NASDAQ: CUTR) 16.3% LOWER; pre-announced that the Company expects its revenues in the third quarter of 2018 to be approximately $40 million, or mid-single digit percentage growth over the third quarter of 2017. Based on this, the Company is revising full year 2018 revenue guidance to $165 million to $170 million, from $178 million to $181 million.(Street sees FY revenue of $178.56 million)

SMART Global Holdings, Inc. (NASDAQ: SGH) 12.9% HIGHER; reported Q4 EPS of $1.72, $0.06 better than the analyst estimate of $1.66. Revenue for the quarter came in at $374 million versus the consensus estimate of $369.22 million. SMART Global Holdings, Inc. sees Q1 2019 EPS of $1.74-$1.79, versus the consensus of $1.69. SMART Global Holdings, Inc. sees Q1 2019 revenue of $375-390 million, versus the consensus of $384.96 million.

Paratek Pharmaceuticals, Inc. (NASDAQ: PRTK) 4% HIGHER; announced the acceptance of the submission to the European Medicines Agency (EMA) of the Marketing Authorization Application (MAA) for omadacycline. Paratek is seeking approval of omadacycline, a modernized tetracycline, for the treatment of community-acquired bacterial pneumonia (CABP) and acute bacterial skin and skin structure infections (ABSSSI). Omadacycline is a once-daily oral and intravenous (IV) broad spectrum antibiotic approved under the tradename NUZYRA™ in the United States.

Tesla, Inc. (NASDAQ: TSLA) 2.4% LOWER; Less than a week after news broke of a settlement with the SEC, Tesla's CEO Elon Musk taunted the agency on twitter, stating the "Shortseller Enrichment Commission is doing incredible work."

Costco (NASDAQ: COST) 2.3% LOWER; reported Q4 EPS of $2.36, in-line with the analyst estimate of $2.36. Revenue for the quarter came in at $44.41 billion versus the consensus estimate of $44.27 billion.



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