Small Cap Losers: AVNW, BASE, EHTH
3:24 pm Thursday, August 26th, 2021
Aviat Networks Inc (NASDAQ: AVNW) stock fell 12.50% to $33.86. The company reported Q4 results; revs grew +14.4% yr/yr to $71.7 million, with North America revs up +21.4% yr/yr and International revs up +3.5%, while adj. EBITDA increased $1.4 million yr/yr to $7.0 million. Sees FY22 revs of $283-293 million and adj. EBITDA of $35-38 million.
Couchbase Inc (NASDAQ: BASE) continued volatility; moves lower after breaking out higher by approx. +15% to new record highs yesterday. Couchbase, Inc. is a public software company that develops and provides commercial packages and support for Couchbase Server and Couchbase Lite both of which are open-source, NoSQL, multi-model, document-oriented database software packages that store JSON documents or a pure key-value database.
eHealth, Inc. (NASDAQ: EHTH) drops to two-year lows on approx. 3x average volume. Elsewhere in the insurance broker space, SelectQuote (SLQT) drops sharply after reporting financial results for its fourth quarter. eHealth, Inc. provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. Its ecommerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans. The company operates through two segments, Medicare; and Individual, Family and Small Business.
