Gainers
-
Open Text Corp (USA) (NASDAQ: OTEX)
shares are up 11 percent following a secod quarter earnings beat. Earnings came in at 76 cents per share, beating estimates by
13 cents. Revenues were $734 million, beating estimates by $46 million.
-
Quinstreet Inc (NASDAQ: QNST) shares
are up 7 percent after reporting a second quarter earnings beat. Earnings came in at 7 cents, beating estimates by 6 cents.
Sales came in $13 million higher than estimates at $88 million. The company guided FY18 revenues outlook at 20 percent growth.
Losers
-
Facebook, Inc. (NASDAQ: FB) shares are
down 5 percent despite delivering a fourth quarter earnings and
sales beat. Fourth quarter adjusted EPS came in at $2.21, 26 cents ahead of estimates. Revenues came in at $12.97 billion,
beating estimates by $420 million. December monthly active users were up 14 percent year-over-year to 1.4 billion.
-
Symantec Corporation (NASDAQ: SYMC)
shares are down 5 percent, passing a 52 week low after issuing weak fourth quarter guidance. Third quarter EPS came in at 49
cents, beating estimates by 5 cents. Sales came in at $1.23 billion, missing estimates by $40 million.
-
Paypal Holdings Inc (NASDAQ: PYPL)
shares are down 5 percent despite reporting a fourth quarter earnings beat. Earnings came in at 55 cents per share, beating
estimates by 3 cents. Sales came in at $3.74 billion, beating estimates by $110 million. Paypal issued weak first quarter EPS
guidance.
-
ServiceNow Inc (NYSE: NOW) shares are down
3 percent after missing fourth quarter sales estimates. Sales came in at $532 million, missing estimts by $3 million. The
company issued weak FY18 sales guidance.
-
Microsoft Corporation (NASDAQ: MSFT)
shares are down 2 percent despite reporting a second quarter sales beat. Second quarter adjusted EPS came ina t 96 cents,
beating estimates by 10 cents.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.