Hey there, readers! Let’s take a look at some of the big moves happening in after-hour trading for a variety of companies.
Woodward had shares jump 5% after a stellar performance in the fiscal first quarter, surpassing analyst expectations. The company also raised its guidance for the full year, which is always great news for investors.
Another company making waves is Sanmina, which soared 15% after beating the consensus forecasts for earnings and revenue. They also posted a better outlook for the current quarter than analysts anticipated.
On the flip side, Calix saw shares tanking 22% after issuing weak guidance for the current quarter, despite a better-than-expected quarter. This news definitely grabbed investors’ attention.
Harmonic, a media tech company, tumbled 3% after hours when they issued full-year earnings and revenue guidance that fell below analysts’ expectations. They also mentioned receiving “indications of interest” in their video business, but nothing definitive has emerged yet.
F5, a cybersecurity company, saw shares jump more than 7% after their fiscal first-quarter results topped Wall Street expectations, a great win for the company.
Cleveland-Cliffs and Whirlpool both experienced some after-hour movement as well, with Cleveland-Cliffs seeing shares slide 2.5% after reporting their fourth-quarter results, and Whirlpool shedding 4% after reporting guidance that was worse than anticipated, despite beating expectations in the fourth quarter.
On the positive side, Super Micro Computer’s stock surged 7% after surpassing fiscal second-quarter earnings expectations on the top and bottom lines, leading to a strong fiscal third-quarter guidance and raised revenue outlook for the fiscal year.
Finally, Graco slipped nearly 1% in extended trading after posting adjusted earnings and revenue that were just slightly off from analyst expectations.
It’s always interesting to see how these companies perform after hours, giving us a glimpse into investor sentiment and reactions to the latest news. Keep an eye on these companies and their future movements in trading!
That’s it for now, folks! Keep an eye out for more updates on these companies and their performance in the market. Happy investing!
Source link
