After-Hours Stock Movers: CXM, GENI, CYXT Higher; VAPO, IRNT,SOFI Lower

StreetInsider2022-04-06

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 (NYSE: 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 (NYSE: 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 (NYSE: 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. (NASDAQ: CYXT) 7% HIGHER; said to be exploring a possible sale, Bloomberg News reported.

Skillsoft (NYSE: 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. (NASDAQ: 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. (NYSE: AVB) 2% LOWER; to offer 2,000,000 share

Levi (NYSE: 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 (NYSE: RKT) 1% HIGHER; CEO buys $500K in stock.

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