After-Hours Stock Movers:
F5 Networks (NASDAQ:) rose 15% after it published quarterly EPS and revenue that easily beat consensus estimates. It also issued strong guidance. Gains were fueled by software growth and continued growth of its global services offerings.
Sprouts Farmers Market (NASDAQ:) rose 13% after second quarter results beat consensus on the top and bottom line. It also boosted its full year forecast. Management said customers are responding to its healthy product assortment and its unique in-store experience.
Symbotic (SYM) sank 18.5% after it reported mixed quarterly results and issued dismal guidance for its forth quarter. System gross margin fell below expectations due to elongated construction schedules and implementation costs.
Lattice Semiconductor (LSCC) fell 12% after it reported second quarter revenue and third quarter revenue guidance that trailed estimates, reflecting the impact of cyclic industry headwinds
First Bancshares (FBMS) rose 10% after it and Renasant (NYSE:) jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which The First will merge with and into Renasant in an all-stock transaction valued at approximately $1.2 billion.
