Market Overview

Thursday's After-Hours Movers Led By UTi Worldwide, Infoblox & VeriFone Systems

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Shares of VeriFone Systems Inc (NYSE: PAY) rose 0.68 percent on Thursday. After the company's earnings call, the stock was down roughly 5 percent.

The secure electronic payment solutions provider reported earnings of $0.47 per share on revenue of $509.9 million, beating guidance and the Street’s consensus estimate of $0.46 per share and $501.19 million.

Infoblox Inc (NYSE: BLOX), which, after falling 0.8 percent during the regular trading session, surged 8 percent after the bell.

The small-cap tech company also beat estimates and guidance. Earnings came in at $0.12 per share, on revenue of $87 million, ahead of the Street’s consensus of $0.11 per share and $81.25 million.

Also moving on its earnings report is UTi Worldwide Inc. (NASDAQ: UTIW), which fell 4.11 percent during the day, and continued to plummet about 12 percent after the market closed, standing as the biggest loser in the Nasdaq’s Thursday after-hours trading.

The company delivered a net loss of ($0.70) per share on sales of $913.93 million, falling short of expectations, which called for a net loss of ($0.04) per share on revenue of $1.052 billion.

Other stocks moving in after-hours trading include:

  • Nantkwest Inc (NASDAQ: NK), up about 4.5 percent
  • Textainer Group Holdings Limited (NYSE: TGH), up more than 8.7 percent
  • Vince Holding Corp (NYSE: VNCE), down more than 30 percent on its earnings report
  • GasLog Ltd (NYSE: GLOG), down almost 7 percent

Posted-In: Earnings News After-Hours Center Movers

 

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