Four Stocks Sizzling After Hours
Here are the stocks actively trading in the after-hours sessions:
NetApp‘s (NASDAQ:NTAP) fourth quarter results are in today, and they saw an 11% rise in earnings, with net earnings for the fourth quarter at $160.6 million. They have projected fiscal first quarter earnings of 52 to 57 cents on revenue of $1.5 billion. Shares climbed 5.7% to $54.70 in after-hours trading.
Shares in Guess Inc. (NYSE:GES) rallied 11% to $44.55 in after-hours, though they fell 15% in the fiscal first quarter. The company has projected second quarter earnings of 77 cents to 83 cents a share.
Not so lucky is Computer Sciences Corp. (NYSE:CSC), whose fiscal fourth quarter earnings showed a drop of 34%. In after-hours, CSC shares fell 5.1% to $41.85.
After announcing first quarter losses, Sigma Designs Inc. (NASDAQ:SIGM) shares fell 9.1% to $10 in after-hours trading. Adjusted first quarter earnings fell short of the analysts’ estimates as well as those of CEO Thinh Tran.