This week's biggest % winners & losers : Oct 28 - Nov 1, 19 (wk 44)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: BGNE (189.56 +36.48%), CRSP (50.89 +27.7%), DCPH (45.46 +26.07%), MRTX (100.04 +23.75%), NTLA (13.6 +22.52%), TGTX (7.08 +22.49%)
• Consumer Discretionary: TIF (127 +28.87%), MUSA (113.57 +22.92%), LOCO (15 +22.85%)
• Information Technology: FIT (7.14 +65.66%), CRUS (72.43 +29.13%), UIS (10.38 +27.52%), HLIT (8.00 +25.59%), QRVO (97.22 +23.03%), UCTT (22.13 +22.4%)
• Financials: LTS (2.62 +32.32%), GDOT (29.08  +15.35%)
• Utilities: PCG (6.43 +28.6%)

This week's top % losers

• Healthcare: CYH (3.2 -28.41%), MMSI (24.15 -19.82%), HMSY (26.53 -19.78%)
• Materials: PVG (9.48 -22.61%), RFP (3.66 -21.46%)
• Industrials: QUAD (4.63 -56.73%), ENPH (18.83 -23.3%)
• Consumer Discretionary: GRUB (33.72 -42.87%), TUP (9.73 -40.31%), ETSY (45.66 -22.18%), MIK (8.69 -19.83%), WWE (55.96  -18.15%)
• Information Technology: CASA (4.3 -33.74%), ANET (185.3 -24.17%), MOBL (4.74 -23.38%),  PINS (20.12, -17.02%)
• Energy: SLCA (4.9 -36.53%), BTU (10.22 -35.15%)

Casa Systems (CASA) reported earnings on Thur 31 Oct 19 (a/h)

** charts before earnings **

 

** charts after earnings **

Casa Systems misses by $0.13, misses on revs; lowers FY19 below consensus

Reports Q3 (Sep) loss of $0.03 per share, excluding non-recurring items, $0.13 worse than the S&P Capital IQ Consensus of $0.10; revenues rose 14.4% year/year to $81.8 mln vs the $108.08 mln S&P Capital IQ Consensus.

Co issues downside guidance for FY19, sees EPS of ($0.25)-(0.15), excluding non-recurring items, vs. $0.24 S&P Capital IQ Consensus; sees FY19 revs of $255-270 mln vs. $325.25 mln S&P Capital IQ Consensus. 

"While our access device business was line with our expectations for the third quarter, revenue from our cable products, as well as revenue recognition from our wireless backlog, were lighter than anticipated," said Jerry Guo, Casa's President and CEO. "During the quarter, while we saw increased appetite for spending from our cable customers, timing for closing certain larger orders was more protracted than what we have seen previously. And, in our wireless business, while we continue to build our backlog, we saw a delay in revenue recognition due to new features that were requested to be added to a product associated with one of our larger purchase orders. Although our third quarter revenue was lower than expected, our overall business became diversified as half of our revenue came from our cable business with the remaining revenue split between our wireless and fixed telecom segments. This diversification indicates progress toward transforming the business while providing more stability in our revenue base in the future."

Casa Systems (CASA) reported earnings on Tue 14 Aug 2018 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Casa Systems beats by $0.01, misses on revs; guides FY18 EPS below consensus, revs below consensus, announces $75 mln stock repurchase program 

• Reports Q2 (Jun) earnings of $0.24 per share, $0.01 better thanthe Capital IQ Consensus of $0.23; revenues rose 3.2% year/year to $68.7 mln vs the $90.64 mln Capital IQ Consensus.
• Reports gross margin of 71.9%, compared to gross margin of 68.7% in 2Q17.
• Co issues downside guidance for FY18, sees EPS of $0.80-$0.88 vs. $1.14 Capital IQ Consensus Estimate; sees FY18 revs of $330-$350 mln vs. $390.57 mln Capital IQ Consensus Estimate.
• Commentary: "...While we are disappointed with the moderation in our top-line growth during the second quarter, we believe that this is related to the timing of several projects involving network transformation and capacity upgrades. Given the forward pipeline in all three of our end markets, I am as enthusiastic as ever about the outlook for the company. Based on our confidence in the future of the business and commitment to delivering value to our shareholders, we are announcing a stock repurchase program for up to $75 million of shares of common stock ..."

Earnings this week : Aug 13 - 17, 18 (wk 33)

Earnings confirmed to report this week:

Monday (August 13)

• Morning: CNNE  JKS  SYY TSG  
• Afternoon: AG  HUYA  SWCH TDW VERI  VIPS YY 

Tuesday (Aug 14)

• Morning: AAP ARRY BZUN CAE CDK CSIQ  CVIA EAT EYE GDS HD MMYT TPR 
• Afternoon: A CASA CDLX CGC CREE DDS FENG HOLI MYGN PETQ VIAV  WPM

Wednesday (Aug 15)

• Morning: LXFT M MSGN  PFGC
• Afternoon: BGG CACI CSCO NTAP SPTN

Thursday (Aug 16)

• Morning: DESP JCP JD MSG QIWI WMT   WUBA
• Afternoon: AMAT ATGE  JWN  NVDA  ZOES

Friday (Aug 17)

• Morning: DE