U.S. stocks continued to tumble on Thursday trading. Healthcare and consumer names were the primary culprits of the slip in the
main indexes.
Synaptics, Incorporated (NASDAQ: SYNA)
was down more than 5 percent after-hours, following the announcement it would be late in its 10-K filing. However, management said
it expects to file within a week.
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) lost more than 2.3 percent. EPS of $1.43 and revenue of $1.07 billion (up 22
percent year-over-year) beat estimates by $0.03 and $10 million, respectively. However, weak
guidance weighed on the stock.
GameStop Corp. (NYSE: GME) plummeted 7
percent, after Q2 results failed to
impress investors. While EPS of $0.27 were in-line with the Street’s consensus, revenue of $1.63 billion fell $90 million short
of expectations. In addition, management said same-store sales declined by 11 percent over the quarter, with new video game
hardware sales down to 33 percent.
Other stocks moving on their earnings reports were:
-
Splunk Inc (NASDAQ: SPLK), down more
than 6 percent, even
though top and bottom line results beat expectations.
-
Autodesk, Inc. (NASDAQ: ADSK), up more
than 2 percent on a large EPS and revenue beat and strong guidance.
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