U.S. stock markets edged higher on Tuesday trading, driven by gains in energy and tech shares, added to strong housing market data.
Intuit Inc. INTU reported Q4 EPS of $0.08 on revenue of $754 million, beating the Street’s consensus by $0.10 and $21.26 million, respectively. Shares were down about 4 percent in after-hours trading, driven by a trimmed full year guidance.
Dycom Industries, Inc. DY beat top and bottom line expectations with Q4 EPS of $1.64 and revenue of $789.16 million. Analysts were modeling EPS of $1.55 on revenue of $770.7 million. However, guidance and new unit figures disappointed investors, sending the stock down 4 percent.
OraSure Technologies, Inc. OSUR gained almost 10 percent after the market closed, driven by the announcement of a new contract with the U.S. Department of Health and Human Services. The company will receive up to $16.6 million to fund the advancement of its rapid Zika tests.
Back to earnings reports:
- Nimble Storage Inc NMBL was up almost 2.4 percent on a top and bottom line beat, and healthy growth figures.
- Lannett Company, Inc. LCI spiked up almost 15 percent on a large earnings and revenue beat.
- La-Z-Boy Incorporated LZB plummeted more than 15 percent after both earnings and sales disappointed investors.
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