After Hours Movers: AMRN, CECO, GLUU, FNSR, BID, BSFT

Floor of the NYSE

Amarin Corporation (NASDAQ:AMRN) is up 3.87% in after hours trading at $8.05. AMRN closed the day down more than 11% ahead of fourth quarter earnings. Amarin reported fourth quarter results after market close today. The company reported income of $18.3 million ($0.12 per share), compared to a net loss of $187.8 million ($1.82 per share) last year. The company has a market cap of 1.05 billion.

Career Education Corporation (NASDAQ:CECO) is up 2.78% in after hours trading at $8.86. CECO. CECO shares have fallen more than $3 a share in the past five trading days from over $12 to less than $9. The company’s most recent quarterly results saw revenue fall 17% to $440 million. The company posted an operating loss of $169 million. The company has a market cap of 653.86 million.

Glu Mobile Inc. (NASDAQ:GLUU) is up 9.26% in after hours trading at $4.13. GLUU shares have been fallen about $0.40 over the past three trading days before bouncing back in after hours. GLUU closed the day down about 3.5% with just over a million shares traded. The company has a market cap of 238.03 million.

Finisar Corporation (NASDAQ:FNSR) is down 11.29% in after hours trading at $18.00. FNSR shares are falling in after hours as fiscal fourth quarter outlook disappoints. The company expects revenue of $235 million to $250 million with non-GAAP profits of $0.18-0.22 a share. Wall Street was expecting $253.5 million and $0.25 a share.

Sotheby’s (NYSE:BID) is down 8.24% in after hours trading at $36.10. BID shares are tumbling right now after quarterly profits fell 26% on declining art sales. The company has a market cap of 2.66 billion.

BroadSoft, Inc. (NASDAQ:BSFT) is down 2.39% in after hours trading at $35.50. BSFT shares are down despite Broadsoft beating estimates for the fourth quarter. The company reported earnings of $0.38 per share, beating estimates of $0.28 per share. Revenue rose 13.4% year over year to $40.6 million. The company has a market cap of 983.41 million.

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About MarcS

An experienced trader with a background in political science, Marc got his start as an individual trader surfing the old stock message boards. He is always on the lookout for the next big winner.

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