Gainers
-
Vicor Corp (NASDAQ: VICR) shares are
up 15 percent after reporting third-quarter earnings of 32 cents per share. Sales came in at $78.04 million, up from $56.888
million year-over-year.
-
Netflix, Inc. (NASDAQ: NFLX) shares
are up 12 percent after reporting a third-quarter earnings
beat. Earnings came in at 89 cents per share, beating estimates by 21 cents. Sales came in at $3.999 million, missing
estimates by $1 million. The company had total streaming net additions of 6.96 million.
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Roku Inc (NASDAQ: ROKU) shares are up
3.7 percent, possibly in sympathy with Netflix.
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Iqiyi Inc (NASDAQ: IQ) shares are up 4
percent, also in sympathy with Netflix.
Losers
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Cree, Inc. (NASDAQ: CREE) shares are
down 7 percent despite reporting a first-quarter earnings beat. Earnings came in at 22 cents per share, beating estimates by 10
cents. Sales came in at $408.267 million, beating estimates by roughly $1 million. The company issued strong second-quarter
guidance.
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IBM Common Stock (NYSE: IBM) shares are
down 4 percent after reporting a third-quarter sales miss. Earnings came in at $3.42, beating estimates by 3 cents. Sales came
in at $18.756 billion, missing estimates by $354 million. The company reaffirmed FY18 guidance.
-
Del Taco Restaurants Inc (NASDAQ: TACO) shares are down 5 percent after reporting a third-quarter sales miss.
Earnings came in at 15 cents per share, beating estimates by a penny. Sales came in at $117.83 million, missing estimates by $2
million. The company cut FY18 earnings and sales guidance.
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