After-hours movers: RH falls on earnings and guidance, Sprinklr gains
- Wall St opens muted as investors weigh chances of June rate pause
- Dow Jones, Nasdaq, S&P 500 weekly preview: AI has its 'iPhone moment'
- The 'p-AI-n trade': Citi 'fundamentally confident' in its year-end S&P 500 target of 4000
- Oil prices surge after Saudi pledges more supply cuts
- Shares steady on hopes for rate-hike hiatus in June
Get Alerts CXM Hot Sheet
Overall Analyst Rating:
BUY ( Up)
Join SI Premium – FREE
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
After-Hours Stock Movers:
Sprinklr (NYSE: CXM) 10% HIGHER; reported Q4 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $165.3 million versus the consensus estimate of $162.78 million. Sprinklr sees Q1 2024 EPS of $0.00-$0.01, versus the consensus of $0.02. Sprinklr sees Q1 2024 revenue of $168-170 million, versus the consensus of $168.87 million.
Semtech (NASDAQ: SMTC) 9% LOWER; reported Q4 EPS of $0.47, $0.01 worse than the analyst estimate of $0.48. Revenue for the quarter came in at $167.5 million versus the consensus estimate of $150.09 million. Semtech sees Q1 2024 EPS of ($0.11)-($0.04), versus the consensus of $0.43. Semtech sees Q1 2024 revenue of $230-240 million, versus the consensus of $148.8 million.
Concentrix Corporation (Nasdaq: CNXC) 6% LOWER; entered into an agreement to combine with Webhelp in a transaction valued at approximately $4.8 billion, including net debt. Webhelp is a recognized leader in the market, specializing in CX, sales, marketing, and payment services with a strong client and delivery footprint in Europe, Latin America, and Africa. The combined company, with approximately $9.8 billion in estimated pro forma 2023 annual revenues and a complementary global presence, will be uniquely positioned to grow faster than the market and transform customer experiences with innovative technology for the worlds best brands.
RH (NYSE: RH) reported Q4 EPS of $2.88, $0.45 worse than the analyst estimate of $3.33. Revenue for the quarter came in at $772 million versus the consensus estimate of $777.27 million. Sees Q2 revenue $720 to $735 million, versus the consensus of $833 million. Sees fiscal 2023 revenues in the range of $2.9 to $3.1 billion, versus the consensus of $3.46 billion.
Viking Therapeutics, Inc. (Nasdaq: VKTX) 4% LOWER; announced that it intends to offer and sell shares of its common stock in an underwritten public offering.
Peabody (NYSE: BTU) 3% LOWER; confirmed a fire that began earlier today at its Shoal Creek Mine involving void fill material utilized to stabilize the roof structure of the mine.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lululemon, MongoDB and Five Below rise premarket; PagerDuty falls
- Semis Due for a Pullback on AI Hype - Citi
- World Wrestling Entertainment (WWE) Announces Multi-Year Partnership With Twitch
Create E-mail Alert Related CategoriesSpecial Reports
Related EntitiesAfter-Hours Movers, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!