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Benzinga
Benzinga
Business
Avi Kapoor

Agilysys Posts Downbeat Earnings, Joins NXP Semiconductors And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

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U.S. stock futures were mostly lower this morning, with the Nasdaq futures falling around 50 points on Tuesday.

Shares of Agilysys, Inc. (NASDAQ:AGYS) fell sharply in pre-market trading after the company reported worse-than-expected first-quarter adjusted EPS results.

Agilysys reported quarterly earnings of $33 cents per share which missed the analyst consensus estimate of 36 cents per share. The company reported quarterly sales of $76.70 million which beat the analyst consensus estimate of $74.35 million.

Agilysys shares dipped 8.5% to $107.00 in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

  • BlackSky Technology Inc. (NASDAQ:BKSY) shares dipped 7.6% to $20.62 in pre-market trading. BlackSky Technology will host a conference call to discuss second quarter financial results and its business outlook on Thursday, Aug. 7.
  • QuantumScape Corporation (NYSE:QS) fell 7.2% to $11.61 in pre-market trading after dipping over 14% on Monday.
  • NXP Semiconductors N.V. (NASDAQ:NXPI) shares declined 6.3% to $214.00 in pre-market trading after reporting second-quarter results.
  • Joby Aviation, Inc. (NYSE:JOBY) fell 5.9% to $15.84 in pre-market trading after declining over 5% on Monday.
  • Sarepta Therapeutics, Inc. (NASDAQ:SRPT) declined 5.1% to $12.64 in pre-market trading after the company announced a voluntary pause of ELEVIDYS shipments in the U.S.
  • Smart Digital Group Limited (NASDAQ:SDM) fell 4.6% to $18.90 in pre-market trading after gaining 9% on Monday.
  • Archer Aviation Inc (NYSE:ACHR) fell 3.8% to $11.39 in pre-market trading after dipping over 10% on Monday.

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