Market Overview

Dycom, Etsy And Dreamworks Lead After-Hours Movers

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Shares of Dycom Industries, Inc. (NYSE: DY) were trading down more than 15 percent in Tuesday's after-hours session, after the company announced its fourth quarter financial results. The small-cap provider of specialty contracting services posted earnings of $0.54 per share, $0.03 below consensus estimates, on revenue of $559.5 million, which came in ahead of the anticipated $543.98 million. Management announced that the company’s Board of Directors approved an additional $50 million to repurchase shares, and that Eitan Gertel was appointed as a director.

Etsy Inc (NASDAQ: ETSY) gained more than 14 percent after the bell rang. The small-cap marketplace operator reported a net loss of $(0.04) per share, $0.04 below consensus, on revenue of $87.9 million, which came in ahead of expectations for $85.85 million. Adjusted earnings before interest, taxes, depreciation and amortization, which came in at $14 million, above estimates of $12.4 million.

Finally, there's Dreamworks Animation Skg Inc (NASDAQ: DWA), up more than 11.5 percent since the market closed. The entertainment company posted earnings of $0.55 per share, well above the Street's consensus of $0.17 per share. Revenue of $319.3 million, up 36.3 percent year-over-year, also beat expectations of $272.22 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted-In: Earnings News After-Hours Center Movers

 

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