After-hours movers: Silvergate plunges on liquidation, Asana jumps on EPS, CEO's plans to buy stock
After-Hours Stock Movers:
Silvergate Capital Corporation (NYSE: SI) 34% LOWER; announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes.
Asana, Inc. (NYSE: ASAN) 32% HIGHER; reported Q4 EPS of ($0.15), $0.12 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $150.2 million versus the consensus estimate of $145.08 million. Asana, Inc. sees Q1 2024 EPS of ($0.19)-($0.18), versus the consensus of ($0.23). Asana, Inc. sees Q1 2024 revenue of $150-151 million, versus the consensus of $149.97 million. Asana, Inc. sees FY2024 EPS of ($0.59)-($0.55), versus the consensus of ($0.80). Asana, Inc. sees FY2024 revenue of $638-648 million, versus the consensus of $645.84 million. CEO enters trading plan to buy up to 30 millionshares.
Optimizerx Corporation (NASDAQ: OPRX) 18% LOWER; reported Q4 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $19.7 million versus the consensus estimate of $21.77 million. Optimizerx Corporation sees Q1 2023 revenue of $11.5-13 million, versus the consensus of $16.15 million.
MongoDB (NASDAQ: MDB) 9% LOWER; reported Q4 EPS of $0.57, $0.50 better than the analyst estimate of $0.07. Revenue for the quarter came in at $361.3 million versus the consensus estimate of $339.31 million. MongoDB sees FY2024 EPS of $0.96-$1.10, versus the consensus of $0.61. MongoDB sees FY2024 revenue of $1.48-1.51 billion, versus the consensus of $1.58 billion. MongoDB sees Q1 2024 EPS of $0.17-$0.20, versus the consensus of $0.14. MongoDB sees Q1 2024 revenue of $344-348 million, versus the consensus of $355.9 million.
SVB Financial Group (NASDAQ: SIVB) 9% LOWER; announced today that it intends to offer $1.25 billion of its common stock and $500 million of depositary shares, consisting of 10 million depositary shares each representing a 1/20th interest in a share of its Series F Mandatory Convertible Preferred Stock. The company also said it completed the sale of substantially of its available for sale securities portfolio. SVB sold approximately $21 billion of securities, which will result in an after tax loss of approximately $1.8 billion in the first quarter of 2023.
Uber (NYSE: UBER) 2% HIGHER; Said To Weigh IPO Or Sale Of Freight Division - Bloomberg