See which stocks are posting big moves after the bell on March 12.
div > div.group > p:first-child"> Switch shares surged as much as 8 percent after hours Tuesday after the telecommunications company reported mixed fourth-quarter earnings. The company earned $103 million in revenue, missing estimated of $104 million, according to Refinitiv. Earnings per share were 5 cents, beating expectations by 2 cents. The stock later gave up most of its after-hours gains.
Switch estimated full-year 2019 revenues between $436 and $445 million, compared to the $450 million forecast by analysts. The stock has recover most of its gains. Clearwater Paper Corporation fell more than 6 percent after market close Tuesday after reporting fourth-quarter earnings. The company reported net sales of $428.7 million for the fourth quarter of 2018, 1.8% lower than net sales of the same quarter of 2017.
"While the performance of our consumer products business continues to be impacted by an increasingly competitive market, we have made great progress across this business, and are encouraged by the improvements in our operating results," said the company's president and CEO Linda Massman. Cara Therapeutics shares jumped more than 11 percent in extended trading Tuesday following the release of the company's fourth-quarter earnings. The company posted $5.5 million in revenue. The company said they expect 2019 to be a"transformative year" for the company because of"significant clinical readouts" of their pre-dialysis drugs.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China expands switch from polluting coal heating in 2018 -environment ministerChina expanded its coal-to-gas and coal-to-electricity projects to 35 cities in ...
Leer más »
Pundi X's New Phone Can Switch Between Blockchain and Android - CoinDeskPundi X unveiled new specifications for its blockchain phone, which will feature dual operating systems to support both Android apps and dapps.
Leer más »
Stocks making the biggest moves midday: Boeing, Dick's, Stitch Fix & moreThese are the stocks posting the largest moves midday Tuesday.
Leer más »
Stocks making the biggest moves in the premarket: Boeing, Microsoft, Tesla, Amazon & more
Leer más »
Stocks making the biggest moves premarket: Allergan, General Electric, Qualcomm & moreSome of the names on the move ahead of the open.
Leer más »
Stocks making the biggest moves after hours: Costco, Eventbrite and moreSee which stocks are posting big moves after the bell on March 7.
Leer más »