24.02.2014 23:26:46
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After-market Movers For Feb 24 (ZU, THC, RP, SINA, SCTY)
(RTTNews) - Gainers:
zulily, Inc. (ZU) gained 9 percent to $46.65. The company swung to a profit in its fourth quarter, while its non-GAAP earnings surged from the year-ago quarter. Net sales for the quarter topped Wall Street view. The company forecast first quarter net sales above the consensus estimate and fiscal 2014 net sales in line with market view.
Decliners:
Tenet Healthcare Corp. (THC) fell 4 percent to $46.25. The company slipped to a net loss in its fourth quarter. Net operating revenues rose 66.7 percent and topped the consensus estimate.
RealPage, Inc. (RP) plunged 20 percent to $16.43 as its fourth quarter results were below Wall Street view. The company also guided first quarter and fiscal 2014 results below market view.
SINA Corp. (SINA) declined nearly 3 percent to $74.00. The company's fourth quarter earnings and net revenues surged from the year-ago quarter. Weibo advertising revenues grew 163 percent year over year. The company is reportedly planning an U.S. initial public offering of its Weibo unit.
SolarCity Corp. (SCTY) fell over 4 percent to $74.82. The company delayed the release of its fourth quarter operating results due to accounting related to recent acquisitions as well as a change in overhead allocation owing to an increase in the volume of MW deployed.
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