After-Hours Stock Movers 05/26: (VTNR) (ORGO) (LJPC) Higher; (OKTA) (CROX) (SNOW) Lower (more...)
After-Hours Stock Movers:
Vertex Energy, Inc. (NASDAQ: VTNR) 73% HIGHER; announced that it has entered into a definitive agreement to acquire the Mobile refinery ("Mobile") located in Mobile, Alabama from Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP ("Shell"), subsidiaries of Royal Dutch Shell plc, for $75 million. The transaction is expected to close during the fourth quarter 2021, subject to regulatory clearance and various closing conditions.
Organogenesis Holding (NASDAQ: ORGO) 12.8% HIGHER; to Join S&P SmallCap 600
La Jolla Pharmaceutical (NASDAQ: LJPC) 6.9% HIGHER; Director, Michael Hearne, bought 398,714 shares from 05/24-05/26 at prices from $3.68-$4.26.
Okta, Inc. (NASDAQ: OKTA) 3.9% LOWER; reported Q1 EPS of ($0.10), $0.10 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $251 million versus the consensus estimate of $238.3 million. Okta, Inc. sees Q2 2021 EPS of ($0.36)-($0.35), versus the consensus of ($0.11). Okta, Inc. sees Q2 2021 revenue of $295-297 million, versus the consensus of $258 million. Okta, Inc. sees FY2021 EPS of ($1.16)-($1.13), versus the consensus of ($0.44). Okta, Inc. sees FY2021 revenue of $1.215-1.225 billion, versus the consensus of $1.09 billion.
Gores Holdings VI, Inc. (NASDAQ: GHVI) 3.6% HIGHER; merger partner Matterport Q1 revenue was $26.9 million, up 108% year over year
Crocs (NASDAQ: CROX) 3.5% LOWER; to Join S&P MidCap 400
Snowflake (NYSE: SNOW) 3.2% LOWER; reported Q1 EPS of ($0.70), $0.54 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $228.9 million versus the consensus estimate of $212.89 million. Snowflake sees Q2 2022 revenue of $235-240 million, versus the consensus of $251 million. Snowflake sees FY2022 revenue of $1.02-1.035 billion, versus the consensus of $1.09 billion.
Williams-Sonoma (NYSE: WSM) 3.2% HIGHER; reported Q1 EPS of $2.93, $1.10 better than the analyst estimate of $1.83. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.52 billion.
Invesco Mortgage Capital Inc. (NYSE: IVR) 3% LOWER; announced today that it plans to make a public offering of 37.5 million shares of its common stock.
Nutanix (NASDAQ: NTNX) 2.6% LOWER; reported Q3 EPS of ($0.41), $0.08 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $344.5 million versus the consensus estimate of $334.45 million.
NVIDIA (NASDAQ: NVDA) 1% LOWER; reported Q1 EPS of $3.66, $0.38 better than the analyst estimate of $3.28. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $5.41 billion.