Investing

5 Key After-Hours Movers on Monday

Earnings season has by and large passed its zenith, but this week will mark a massive number of companies which are still trickling their earnings out. 24/7 Wall St. has tracked 5 key after-hours movers in the after hours session on Monday, May 4, 2015. We have included a synopsis of the news causing the move on each. Also covered was a reaction versus the trading history, and color has been added on each.

AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX) may have risen 4% during regular trading, but that was then. It reported earnings and gave a regulatory update after the close. AcelRx submitted a request on April 21 to the FDA’s Division of Anesthesia, Analgesia, and Addiction Products for a Type B meeting, but the company said that the request for a meeting was denied this last Friday and that the FDA restated its view that a clinical study is required. in short, this means redoing tests for safety and efficacy, or other issues — shares were at $4.20 at the close, but the stock was down 30% at $2.91. if this drop holds, it will be a 52-week low as the prior range was $3.58 to $11.65.

Chuy’s Holdings, Inc. (NASDAQ: CHUY) managed to beat earnings expectations after the close. the Tex-Mex restaurant chain reported earnings of $0.19 per share and gave guidance of $0.76 to $0.79 per share. Thomson Reuters had estimates of $0.16 EPS for the quarter and $0.76 EPS for the year. Chuy’s also expects to open 10 to 11 new stores in 2015. The stock was down 1.7% to $22.15 in regular trading, but the shares were up over 8% to $24.00 in the after-hours — versus a 52-week range of $18.40 to $36.71.

InvenSense, Inc. (NYSE: INVN) is known for its intelligent sensor system on chips for Motion and Sound, but shares were selling off after the company reported its fourth quarter earnings. Net revenue fell 14% sequentially to $99.3 million in its fourth quarter of fiscal 2015 was $99.3 million, but this was actually up 68% from a year ago. Non-GAAP earnings was $0.12 per diluted share. Thomson Reuters had estimates of $0.12 EPS and $97.2 million in revenue. InvenSense shares were up almost 3% to $15.53 ahead of earnings, but the stock was down over 6% at $14.55 in the after-hours session on Monday. The company has a 52-week range of $13.19 to $26.78.

Nautilus Inc. (NYSE: NLS) reported its first-quarter financial results in after-hours trading Monday. The company had $0.34 in EPS on $96.2 million in revenue. There are consensus estimates of $0.24 in EPS on $82.86 million in revenue. The previous year had $0.18 in EPS and $71.90 million in revenue. Nautilus shares closed Monday down 0.5% at $17.21 on a 52-week trading range of $8.22 to $17.94. However in after-hours trading, shares jumped over 10% to $19.00, pushing a new high. The stock has a consensus analyst price target of $18.10.

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Qualys, Inc. (NASDAQ: QLYS) released its first-quarter earnings Monday after the markets closed as $0.15 in earnings per share (EPS) and $37.5 million in revenue compared to Thomson Reuters consensus estimates of $0.11 in EPS on $37.99 million in revenue. The same quarter from the previous year had $0.05 in EPS on $30.36 million in revenue. Shares of Qualys closed Monday up 5.6% at $55.08. Following the release of the earnings report, shares were down about 24% at $41.95 in after-hours trading. The stock has a consensus analyst price target of $45.42 and a 52-week trading range of $18.01 to $55.47.

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