After-Hours Stock Movers 08/25: (WSM) (AMRX) (ZUO) Higher; (LCI) (SLQT) (ADSK) Lower (more...)
After-Hours Stock Movers:
Williams-Sonoma (NYSE: WSM) 15.4% HIGHER; reported Q2 EPS of $3.24, $0.64 better than the analyst estimate of $2.60. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.81 billion. Given the strength of our business year-to-date and the macro trends that we believe will continue to benefit our business, we are raising our fiscal year 2021 outlook to high-teens to low-twenties net revenue growth and non-GAAP operating margin between 16% to 17%.
Amneal Pharmaceuticals, Inc. (NYSE: AMRX) 12.6% HIGHER; announced positive topline results from the pivotal Phase 3 RISE-PD clinical trial that evaluated the novel formulation, IPX-203, in patients with Parkinsons disease (PD) who have motor fluctuations. The trial met its primary endpoint, demonstrating superior Good On time from baseline in hours per day at the end of the 13-week double-blind treatment period with IPX-203 CD/LD extended-release capsules compared with immediate-release CD/LD. Based on these topline results plus other supportive data, Amneal plans to submit a New Drug Application (NDA) for IPX-203 with the U.S. Food and Drug Administration (FDA) in mid-2022.
Zuora, Inc. (NYSE: ZUO) 11.3% HIGHER; reported Q2 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $86.5 million versus the consensus estimate of $83.41 million. Zuora, Inc. sees FY2022 EPS of ($0.13)-($0.11), versus the consensus of ($0.09). Zuora, Inc. sees FY2022 revenue of $340-342 million, versus the consensus of $339 million.
Lannett (NYSE: LCI) 10.5% LOWER; reported Q4 EPS of ($0.19), $0.07 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $106 million versus the consensus estimate of $110.63 million. Lannett sees FY2022 revenue of $400-440 million, versus the consensus of $483 million.
Pure Storage, Inc. (NYSE: PSTG) 10% HIGHER; reported Q2 EPS of $0.14, $0.09 better than the analyst estimate of $0.05. Revenue for the quarter came in at $496.8 million versus the consensus estimate of $469.48 million. Pure Storage, Inc. sees Q3 2022 revenue of $530 million, versus the consensus of $495.15 million. Pure Storage, Inc. sees FY2022 revenue of $2.04 billion, versus the consensus of $1.96 billion.
SelectQuote, Inc. (NYSE: SLQT) 7.8% LOWER; reported Q4 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $188.4 million versus the consensus estimate of $184.93 million.
Autodesk (NASDAQ: ADSK) 7% LOWER; reported Q2 EPS of $1.21, $0.08 better than the analyst estimate of $1.13. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.05 billion. Autodesk sees Q3 2022 EPS of $1.22-$1.28, versus the consensus of $1.26. Autodesk sees Q3 2022 revenue of $1.11-1.125 billion, versus the consensus of $1.11 billion. Autodesk sees FY2022 EPS of $4.91-$5.06, versus the consensus of $4.90. Autodesk sees FY2022 revenue of $4.345-4.385 billion, versus the consensus of $4.36 billion.
RumbleOn, Inc. (Nasdaq: RMBL) 5.7% LOWER; announced that it is proposing to offer and sell, subject to market conditions, shares of its Class B Common Stock in an underwritten public offering. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of Class B Common Stock offered in the public offering to cover over-allotments, if any. All of the Class B Common Stock is being offered by the Company.
Guess? (NYSE: GES) 5% LOWER; reported Q2 EPS of $0.96, $0.26 better than the analyst estimate of $0.70. Revenue for the quarter came in at $629 million versus the consensus estimate of $648.6 million.
Ulta Salon (NASDAQ: ULTA) 4.6% HIGHER; reported Q2 EPS of $4.56, topping the analyst estimate of $2.42. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.72 billion. Diluted earnings per share was $4.56, including a $0.04 benefit due to income tax accounting for share-based compensation. Ulta Salon sees FY2021 EPS of $14.50-$14.70, versus the consensus of $12.28. Ulta Salon sees FY2021 revenue of $8.1-8.3 billion, versus the consensus of $7.88 billion.
Elastic N.V. (NYSE: ESTC) 4.2% HIGHER; reported Q1 EPS of $0.04, $0.14 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $193.1 million versus the consensus estimate of $173.17 million. Elastic N.V. sees FY2022 EPS of ($0.67)-($0.57), versus the consensus of ($0.50). Elastic N.V. sees FY2022 revenue of $808-814 million, versus the consensus of $789 million.
PHX Minerals Inc. (NYSE: PHX) 3.8% LOWER; announced today that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission and entered into an At-The-Market Equity Offering Sales Agreement.
NetApp (NASDAQ: NTAP) 3.7% HIGHER; reported Q1 EPS of $1.15, $0.20 better than the analyst estimate of $0.95. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.43 billion. NetApp sees Q2 2022 EPS of $1.14-$1.24, versus the consensus of $1.13. NetApp sees Q2 2022 revenue of $1.49-1.59 billion, versus the consensus of $1.52 billion. NetApp sees FY2022 EPS of $4.85-$5.05, versus the consensus of $4.59.
American Software (NASDAQ: AMSWA) 2.5% HIGHER; reported Q1 EPS of $0.11, $0.06 better than the analyst estimate of $0.05. Revenue for the quarter came in at $29.3 versus the consensus estimate of $28.4 million.
Salesforce (NYSE: CRM) 1.8% HIGHER; reported Q2 EPS of $1.48, $0.56 better than the analyst estimate of $0.92. Revenue for the quarter came in at $6.34 billion versus the consensus estimate of $6.24 billion.