After-Hours Movers 12/10: (ASPU) (OLLI) (PLAY) Higher; (ITRM) (GME) (AQST) Lower (more...)
Today's After-Hours Movers
Iterum Therapeutics plc (Nasdaq: ITRM) 38.6% LOWER; announced topline results from its Sulopenem for Resistant Enterobacteriaceae (SURE) 3 clinical trial in complicated intra-abdominal infections (cIAI). The primary U.S. Food and Drug Administration (FDA) endpoint was clinical response on Day 28 in the micro-MITT population. In this population, the difference in outcomes was 4.7% with a 95% confidence interval on that difference of -10.3% to 1.0%. Non-inferiority required that the lower limit of the difference in the outcome rates be >-10% for FDA.
GameStop (NYSE: GME) 16.9% LOWER; reported Q3 EPS of ($0.49), $0.60 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.62 billion. GameStop sees FY2019 EPS of $0.10-$0.20, versus the consensus of $1.21.
Aquestive Therapeutics, Inc. (Nasdaq: AQST) 15.2% LOWER; announced that it intends to offer and sell $35 million of shares of its common stock in an underwritten public offering.
Aspen Group, Inc. (Nasdaq: ASPU) 13.6% HIGHER; Reports Record Revenue of $12.1 Million in the Second Quarter Fiscal Year 2020, Accelerating to 49% Growth Year-over-Year
Ollie's Bargain Outlet (NASDAQ: OLLI) 10.6% HIGHER; reported Q3 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $327 million versus the consensus estimate of $322.53 million. Reaffirms. Names John Swygert President and Chief Executive Officer and member of its board of directors, effective immediately.
Marinus Pharmaceuticals, Inc. (NASDAQ: MRNS) 7.8% LOWER; announced that it intends to offer and sell shares of its common stock in an underwritten public offering.
Global Medical REIT Inc. (NYSE: GMRE) 7.4% LOWER; commenced an underwritten public offering of 4,750,000 shares of its common stock, par value $0.001 per share, subject to market and other conditions.
Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) 5.7% LOWER; announces that it has commenced an underwritten public offering of $75,000,000 of shares of its common stock.
Impinj, Inc. (Nasdaq: PI) 4% LOWER; announced its intention to offer, subject to market conditions and other factors, $75 million aggregate principal amount of Convertible Senior Notes due 2026 (the notes) in a private offering.
Momenta Pharmaceuticals, Inc. (NASDAQ: MNTA) 3.4% LOWER; Announced that it is commencing an underwritten registered public offering of $200,000,000 of shares of its common stock.
Dave & Buster's Entertainment (NASDAQ: PLAY) 3% HIGHER; reported Q3 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $299.4 million versus the consensus estimate of $296.36 million. Dave & Buster's Entertainment sees FY2019 revenue of $1.347-1.354 billion, versus the consensus of $1.35 billion.