After-hours movers: Supermicro, F5 Networks and more
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After-Hours Stock Movers:
Super Micro Computer (NASDAQ: SMCI) stock climbed 7% after it reported quarterly results that easily beat estimates and issued guidance that was much better than expected.
F5 Networks (NASDAQ: FFIV) stock climbed 6.8% after beating expectations on the top and bottom line. Guidance was mixed but the application services and security company said it sees signs of stabilizing demand trends.
BigCommerce (NASDAQ: BIGC) stock climbed 9% after it said it expects to report results that will exceed the high ends of previously provided ranges of revenue and non-GAAP operating income.
Sanmina (NASDAQ: SANM) climbed 14% after betting consensus estimates on the top and bottom line and issuing strong guidance.
Arcus Biosciences, Inc. (NYSE: RCUS) climbed 20% after it and Gilead Sciences, Inc. (Nasdaq: GILD) announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21 per share. The equity investment and collaboration amendment enable accelerated growth of the companies’ joint development programs that span multiple indications.
By Louis Juricic
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