Monday's After-Hours Movers Led By Rackspace, Shake Shack And Take-Two

Shares of Rackspace Hosting, Inc. RAX, which fell roughly 1 percent on Monday, are up almost 5 percent to $33.20 after the company’s second-quarter earnings call.

The IT solutions provider reported earnings of $0.20 per share on revenue of $489.4 million, in line with the Street’s consensus estimate, which called for earnings of $0.20 on revenue of $490.69. Revenue also beat guidance of $449.93 million.

Take-Two Interactive Software, Inc. TTWO lost 1.65 percent during the day. The stock was down an extra 3.3 percent in the after-hours session.

Earnings came in at $0.31 per share, above guidance and the Street’s consensus of $0.30 per share. Revenue rose 142 percent year-over-year, to $366.4 million, beating all estimates and guidance.

The biggest winner was magicJack VocalTec Ltd CALL, a micro-cap cloud communications company that saw its stock rise more than 15 percent after hours. The surge was driven by better-than-expected earnings of $0.38 per share, versus an estimate of $0.19 per share, on revenue of $25.4 million.

Shake Shack Inc SHAK was up more than 9 percent since the bell rang. After the market closed, the restaurant operator reported earnings of $0.09 per share on revenue of $48.45 million, comfortably beating the Street’s estimate of $0.03 per share and $42.6 million.

Other movers in Monday’s after-hours session were:

  • TubeMogul Inc TUBE, up more than 14 percent
  • Celldex Therapeutics, Inc. CLDX, down roughly 8.6 percent
  • Tahoe Resources Inc TAHO, down about 3 percent
  • ICU Medical, Incorporated ICUI, up roughly 10 percent
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Posted In: NewsAfter-Hours CenterMovers
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