Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on October 27, 2014 in New York City. Stocks were lower in morning trading.
Spencer Platt | Getty Images News | Getty Images
Check out the companies making headlines after the bell:
Shares of Workday seesawed in extended trading on Tuesday — jumping as much as 2% before falling more than 1% — after the software company reported better-than-expected first-quarter earnings. The company reported earnings of 43 cents per share on revenue of $825 million. Wall Street had expected earnings of 41 cents per share on revenue of $814 million, according to Refinitiv consensus estimates. The company also gave strong guidance for the second-quarter and the current fiscal year.
Inovio Pharmaceuticals stock plummeted as much as 11% after news broke that Astrazeneca, a pharmaceutical company, will discontinue its research collaborations with the biotech company.
Heico stock surged more than 8% after the aerospace company reported second-quarter earnings that pleased investors. Heico reported earnings of 60 cents per share and net sales of $515.6 million. Refinitiv consensus estimates had projected earnings of 49 cents per share and net sales of $479.5 million.
Shares of Soliton surged nearly 20% after the medical device company announced it received clearance from the FDA to market its tattoo-removal device, the Rapid Acoustic Pulse. The device removes black ink tattoos from the arms, legs and torsos of some people.
Leave a comment