S&P MidCap 400 Index Boosts Dolby Labs; Globant's Q2 Beats, Outlook Disappoints
- August 17th, 2023
- 343 views
Shares of Dolby Laboratories, Inc. (NYSE: DLB) surged over 5% in after-hours trading, driven by the news of its inclusion as a replacement for STAAR Surgical Company (Nasdaq: STAA) in the S&P MidCap 400 index. The change is set to take effect prior to the opening of trading on Tuesday, August 22.
$DLB was trading at $81.14 in after-hours, reflecting a gain of $4.32 (+5.62%).
In other news, Globant S.A. (NYSE: GLOB), a prominent technology and digital services company, announced second-quarter 2023 earnings of $1.36 per share, surpassing the consensus EPS estimate of $1.35. The company reported quarterly sales of $497.50 million, slightly exceeding analysts' projected revenue of $496.53 million.
However, Globant expects Q3 adjusted EPS to reach at least $1.46, contrasting with the consensus EPS estimate of $1.49 for the period.
In after-hours, $GLOB was trading at $160.29, down $2.69 (-1.65%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Earnings Countdown: Lockheed Martin, Stryker, and PACCAR Gear Up
January 26th, 2025Earnings Spotlight: SoFi Technologies, Sanmina, and Nucor Set to Report
January 26th, 2025Global Flag Football League Plans To Host Pro Flag Football Tournament in Las Vegas
January 23rd, 2025Earnings On Deck: Netflix, United Airlines, and Agilysys Gear Up
January 19th, 2025
Member Login