Genocea Biosciences, Inc. up 67% after Journal of Clinical Oncology® (An American Society of Clinical Oncology Journal) selected the company’s GEN-009 clinical results presentation at the 2019 ASCO Annual Meeting as a top 10 featured abstract in immuno-oncology. Read more
OKTA announces 1st quarter results, up 10%. Q1 operating cash flow margin improved 12 percentage points year-over-year; free cash flow margin improved 12 percentage points year-over-year. Q1 revenue totaled $125 million, growing 50% year-over-year; subscription revenue grew 52% year-over-year Read more
Zuora down 30% after reporting first quarter net loss of $20.6 million, an increase of $3 million compared to the same quarter in the prior year
They also adopted new accounting standards where they “defer all incremental commission costs to obtain customer contracts, including indirect costs that are not tied to a specific contract. These costs are amortized over a period of benefit that we have determined to be five years”.
Gap (NYSE :GPS), down 13% on heavy trading volume, today reported diluted earnings per share of $0.60 on a reported basis, and $0.24 on an adjusted basis, excluding the gain on sale of a building, costs associated with the company’s planned separation, and costs related to the previously announced specialty fleet restructuring. “This quarter was extremely challenging, and we are not at all satisfied with our results. We are committed to improving our execution and performance this year,” said Art Peck, president and chief executive officer, Gap Inc. “We remain confident in our plan to separate into two independently traded public companies in 2020, and we are focused on setting up both companies for long term value creation and profitable growth.”
Nutanix, Inc. (NASDAQ: NTNX) gaps down 13% after reporting a net loss of $1.15 per share, compared to a GAAP net loss per share of $0.51 in the third quarter of fiscal 2018. Free Cash Flow use was $58.9 million, compared to a use of $0.8 million in the third quarter of fiscal 2018. Operating Cash Flow uses was $36.5 million, compared to generation of $13.3 million in the third quarter of fiscal 2018
Williams Sonoma Inc up on strong quarterly results and exclusive home furnishing partnership with Warrior, Chase Center, gaps up 12% on increased volume…Read more
Gold Fields announces successful buyback of US$250m of 2020 notes on May.27, up 6% today, gold up 1%. Several gold stocks are up today, including AngloGold Ashanti Limited , Harmony Gold Mining Company Limited, Sibanye Gold Limited, and McEwen Mining Inc.
Delmar spikes 200% at 2:15pm after reporting……. “At the KOL presentation, the Company provided an update on the ongoing Phase 2 clinical study investigating the front line treatment of VAL-083 with radiation therapy in newly diagnosed MGMT-unmethylated GBM. This trial is being conducted at the Sun Yat-sen University Cancer Center (SYSUCC) in Guangzhou, China in collaboration with Guangxi Wuzhou Pharmaceutical Company”……. “The Company also provided an update on the ongoing second-line Phase 2 clinical study of VAL-083 in patients with MGMT-unmethylated, Bevacizumab-naïve recurrent GBM”…..Read more
Dow closes down more than 350, Trump threatens Mexico with tariffs, 10 years crashes to 2.13%