Pre-Open Stock Movers 1/21: (LLNW) (PTON) (UAA) Higher; (NFLX) (RIOT) (MARA) Lower (more...)

January 21, 2022 9:17 AM EST

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Pre-Open Stock Movers:

Netflix (NASDAQ: NFLX) 21.2% LOWER; reported Q4 EPS of $1.33, $0.51 better than the analyst estimate of $0.82. Revenue for the quarter came in at $7.71 billion versus the consensus estimate of $7.72 billion. Global Streaming Paid Net Additions were 8.28 million in Q4, versus 8.5 million expected. The company sees Q1 EPS of $2.86 and revenue of $7.9 billion, versus the consensus of $3.45 and $8 billion. The company sees Q1 Global Streaming Paid Net Additions of 2.5 million.

Riot Blockchain, Inc. (NASDAQ: RIOT) 9% LOWER; falls on Bitcoin decline

Marathon Digital Holdings, Inc. (NASDAQ: MARA) 7.8% LOWER; falls on Bitcoin decline

MicroStrategy Incorporated (NASDAQ: MSTR) 7.8% LOWER; falls on Bitcoin decline

Limelight Networks (NASDAQ: LLNW) 6.4% HIGHER; reported Q4 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $62.9 million versus the consensus estimate of $61.57 million. Limelight Networks sees FY2022 EPS of ($0.06)-($0.01), versus the consensus of ($0.04). Limelight Networks sees FY2022 revenue of $240-250 million, versus the consensus of $241.2 million.

Intuitive Surgical (NASDAQ: ISRG) 5.4% LOWER; reported Q4 EPS of $1.30, $0.02 better than the analyst estimate of $1.28. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.52 billion.

Peloton Interactive, Inc. (Nasdaq: PTON) 4.8% HIGHER; provided a business update today and reported preliminary results for its second quarter Fiscal 2022 ended December 31, 2021. Total Revenue of approximately $1.14 billion, versus previously provided guidance of $1.1 billion to $1.2 billion (*** consensus is $1.15 billion). Shares upgraded at Stifel.

Roku, Inc. (NASDAQ: ROKU) 4.7% LOWER; lower with Netflix, PT cut at Needham

PPG Industries (NYSE: PPG) 3.5% LOWER; reported Q4 EPS of $1.26, $0.06 better than the analyst estimate of $1.20. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.06 billion. PPG Industries sees Q1 2022 EPS of $1.02-$1.20, versus the consensus of $1.59.

Regulus Therapeutics Inc. (Nasdaq: RGLS) 2.2% HIGHER; announced that the Company has completed a pre-investigational new drug (Pre-IND) meeting with the U.S. Food and Drug Administration (FDA). The purpose of the meeting was to obtain input from the FDA on pre-clinical, clinical and regulatory matters pertaining to the Company's next generation compound RGLS8429 as a potential treatment for Autosomal Dominant Polycystic Kidney Disease (ADPKD). The formal minutes from this meeting were received by the Company earlier this week.

CSX Corp. (NASDAQ: CSX) 2.1% LOWER; reported Q4 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $3.43 billion versus the consensus estimate of $3.32 billion.

Under Armour, Inc. (NYSE: UAA) (NYSE: UA) 2.2% HIGHER; Citi upgraded from Neutral to Buy with a price target of $29.00.



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