Cara Therapeutics, AlarmCom, Splunk & Weight Watchers Moving By Double-Digits After Hours
Shares of Cara Therapeutics Inc (NASDAQ: CARA) were trading down more than 40 percent in Thursday's after-hours session, after the company placed its CLIN3001 Postoperative Pain Trial for I.V. CR845 on hold pending safety review
AlarmCom Hldg Inc (NASDAQ: ALRM) was trading up about 13 percent after the announcement of the company’s fourth quarter results. The small-cap firm posted earnings of $0.14 per share, $0.13 above the Street’s consensus. Revenue of$56.9 million, up 24.8 percent year-over-year, also came in $9.77 ahead of expectations.
Splunk Inc (NASDAQ: SPLK) was up 13 percent on its earnings call. The mid-cap software provider delivered earnings of $0.11 per share, $0.03 above the Street's consensus. Revenue of $220.02 million beat expectations for $202.72 million.
Management said the company had added more than 600 enterprise customers over the January quarter. In addition the company boosted its revenue guidance for the current year to roughly $880 million -- from a previous $850 million. For the ongoing quarter, management foresees sales of $172 million to $174 million above Thomson Reuters’ consensus of $171 million.
The largest mover in the NYSE was Weight Watchers International, Inc. (NYSE: WTW) down more than 18 percent after the company reported a fourth quarter net loss of $(0.03) per share, $0.05 below expectations, on revenue of $259.2 million, down 20.9 percent year-over-year.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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