logo
Plus   Neg
Share
Email

After Market Hours: Nano-X Imaging, IDT Corp., Twilio Gain; SMART Global Holdings Slips

Nano-X Imaging Ltd. (NNOX) - Shares of the medical technology company gained over 27% in extended trading session Thursday. Nano-X Imaging announce that it will demonstrate its novel technology and medical imaging system at RSNA 2020, which is being held November 29-December 5 in Chicago. The demonstration will include a technology section elaborating on Nanox's first commercial-grade digital x-ray source followed by a live demonstration of the Nanox.ARC in a range of 2D and 3D medical imaging procedures.

IDT Corporation (IDT) - Shares of the communications and payment services provider jumped 16% on Thursday after the bell. The company reported fourth-quarter profit of $21.5 million or $0.82 per share, up from $1.6 million or $0.06 per share last year. Adjusted earnings rose to $0.62 per share from $0.15 per share. Revenues grew to $360.3 million from $356.1 million.

Twilio Inc. (TWLO) - Shares of the cloud communications provider jumped 10% in extended session Thursday after the company said it expects third-quarter quarter revenues to exceed previously issued guidance of $401 million to $406 million. Analysts polled by Thomson Reuters currently estimate revenues of $407.9 million.

SMART Global Holdings Inc. (SGH) - Shares of the electronics products maker slipped nearly 5% after reporting fourth-quarter results. Profit rose to $7.5 million or $0.30 per share from $5.6 million or $0.24 per share last year. Adjusted earnings were $0.82 per share, up from $0.50 per share last year. Net sales rose 6.7% to $297.0 million. Analysts currently estimated earnings of $0.78 per share on revenues of $299.43 million. Looking forward to first quarter of 2021, the company expects adjusted earnings of $0.70 per share, plus or minus $0.05, and sales of $280 million to $300 million. Analysts currently estimate earnings of $0.68 per share on revenues of $286.12 million.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
NASA's Osiris-Rex robotic spacecraft briefly touched down on near-Earth asteroid Bennu's surface on Tuesday to collect rock and dust samples that will be brought back to Earth in 2023. Bennu is currently more than 200 million miles, or 321 million kilometres, from Earth. Osiris-Rex launched from Cape Canaveral Air Force Station in Florida in September 2016. Amazon said Wednesday that free one-hour grocery pickup is now available to prime members at all U.S. Whole Foods Market locations. Previously, the prime members could pick up Whole Foods orders only at select stores. J.C. Penney said it is near to exiting Chapter 11 ahead of the busy December 2020 holiday season. The beleaguered retailer filed a draft asset purchase agreement towards finalization of the acquisition by Brookfield Asset Management, Inc. and Simon Property Group, Inc. They are expected to buy substantially all of J.C. Penney's retail and operating assets in a combination of cash and debt.
Follow RTT