After Hours Trading Up 2017-03-23
RXDX Ignyta, Inc. (RXDX) announced that it is exploring strategic options for taladegib and has entered into an amended and restated license, development and commercialization agreement with Eli Lilly and Company for the taladegib oncology program. Ignyta had previously disclosed it was in discussions with Lilly regarding the optimal path forward for taladegib in the context of its pipeline priorities, which are focused substantially on molecularly targeted therapies, including its lead product candidate, entrectinib.
SNAK Inventure Foods, Inc. (SNAK) announced the strategic sale of Fresh Frozen Foods to The Pictsweet Company, a family-owned grower and processor of frozen vegetables, in a cash transaction for approximately $23.7 million.
KBH KB Home (KBH) reported Q1 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $818.6 million versus the consensus estimate of $802.79 million.
MU Micron Technology (MU) reported Q2 EPS of $0.90, $0.05 better than the analyst estimate of $0.85. Revenue for the quarter came in at $4.65 billion versus the consensus estimate of $4.64 billion. Micron sees Q3 EPS of $1.43-$1.57 and revs of $5.2-$5.6 billion, versus the consensus of $0.89 and $4.7 billion, respectively.
QTNT Quotient Limited (QTNT) announced that eight new rare antisera blood typing reagent products have been licensed for commercialization in the U.S. by the U.S. Food and Drug Administration.
SCVL Shoe Carnival (SCVL) reported Q4 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $234.2 million versus the consensus estimate of $234.89 million.
SPHS Sophiris Bio Inc. (SPHS) announced that data from its successful Phase 2a study of topsalysin, which evaluated the drug as a focal treatment for localized prostate cancer, will be presented as a poster on March 26, 2017 at the 32nd Annual European Association of Urology in London, UK. The poster has been selected by conference organizers as one of the best posters at the congress.
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