5 Stocks Moving After Hours: Lululemon, Ambarella And More

U.S. stocks were mixed but mostly higher on Thursday trading, as lower oil prices and disappointing factory activity data were counterpoised by strength in tech stocks.

Lululemon Athletica inc. LULU reported Q2 EPS of $0.38, while revenue of $514.5 million missed estimates by $970,000. On the back of the revenue miss and lukewarm guidance, shares lost more than 8.8 percent after the bell rang.

Smith & Wesson Holding Corp SWHC slipped barely 0.45 percent in after-hours trading  after an initial spike up, even though Q1 results crushed expectations. EPS of $0.57 and revenue of $207 million beat the Street’s consensus by $0.04 and $8.84 million, respectively. Guidance also beat estimates by a wide margin.

Ambarella Inc AMBA dropped almost 2 percent even though Q2 EPS of $0.54 and revenue of $65.1 million beat the Street’s consensus by $0.16 and $820,000, respectively. Apparently, what was driving the stock down was the gross profit margin guidance for the ongoing quarter, which came in below expectations.

Broadcom Ltd AVGO was down almost 2 percent even though its Q3 EPS of 2.89 and revenue of $3.79 billion beat expectations by $0.12 and $30 million.

VeriFone Systems Inc PAY, the largest loser in this list, was down 14.65 percent after the bell rang. Q3 EPS of $0.42 ($0.02 above the Street) wasn't enough to offset the revenue miss – sales of $493 million compared to estimates of $515.5 million. Guidance for the current quarter and full year were also disappointing.