After-Hours Stock Movers:
Vapotherm, Inc. (NYSE:VAPO) 18% LOWER; Preliminary Q1 revenue is seen at between $20.5-$21.5 million, compared to $32.3 million for the first quarter of 2021. The company also withdrew its full-year 2022 revenue guidance.
IronNet (IRNT) 12% LOWER; posted fourth quarter EPS of ($0.45), $0.25 worse than the analyst estimate of ($0.20). Revenue was $8.18 million versus the consensus estimate of $6.77 million. The company sees FY2023 revenue of $34 million.
Sprinklr (CXM) 8% HIGHER; posted Q4 EPS of ($0.05), better than the analyst estimate of ($0.09). Revenue for the quarter came in at $136 million versus the consensus estimate of $130.38 million. Sprinklr sees FY2022 EPS of $0.20-$0.22, versus the consensus of ($0.20). Sprinklr sees FY2022 revenue of $536-544 million, versus the consensus of $588 million.
Genius Sports Group (GENI) 8% HIGHER; adds to 9% intra-day gains following reports from Sportico that the NFL is now the largest U.S. shareholder of the company.
Cyxtera Technologies, Inc. (CYXT) 7% HIGHER; said to be exploring a possible sale, Bloomberg News reported.
Skillsoft (SKIL) 6% HIGHER; posted fourth-quarter EPS of $0.06, versus the consensus of ($0.11). Revenue was $166.2 million versus the consensus estimate of $179.69 million. The company sees FY2023 revenue of $765-790 million, versus the consensus of $741.7 million.
SoFi Technologies, Inc. (SOFI) 5% LOWER; lowered guidance related to the Biden Administration's extension of the federal student loan payment moratorium until August 31.
AVALONBAY COMMUNITIES, INC. (AVB) 2% LOWER; to offer 2,000,000 share
Levi (LEVI) 2% HIGHER; posted first-quarter earnings $0.46 per share, $0.05 better than the analyst estimate of $0.41. Revenue was $1.6 billion versus the consensus estimate of $1.54 billion. Reaffirms annual guidance.
Rocket Companies (RKT) 1% HIGHER; CEO buys $500K in stock.