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Gainers
- Ping Identity Holding Corp PING shares are up 9% after reporting a third-quarter earnings beat. Earnings came in at 13 cents per share, beating estimates by 12 cents. Sales came in at $61.765 million, beating estimates by $6.725 million. The company also issued strong sales guidance.
- Catasys, Inc. CATS shares are up 5% despite reporting a third-quarter earnings miss. Earnings came in at a loss of 52 cents per share, missing estimates by 20 cents. Sales came in at $8.8 million, missing estimates by $311,000. The company reiterated 2020 sales guidance of $90 million versus an $82.71 million estimate.
Losers
- Tetra Tech, Inc. TTEK shares are down 3% after reporting a fourth-quarter earnings beat. Adjusted earnings came in at 88 cents per share, beating estimates by 4 cents. Sales came in at $640.18 million, beating estimates by $3.29 million.
- Cisco Systems, Inc. CSCO shares are down 4% after reporting a first-quarter earnings beat. Adjusted earnings came in at 84 cents per share, beating estimates by 3 cents. Sales came in at $13.2 billion, beating estimates by $120 million. The company issued weak second-quarter earnings guidance.
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