After-Hours Movers: FuboTV Gains on Strong Q3, Silk Road Falls on Offering

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Ra Medical Systems, Inc. (NYSE:RMED) 34% HIGHER; announces the completion of its at-the-market (ATM) facility, raising gross proceeds of $7.6 million.

FuboTV Inc. (NYSE:FUBO) 8% HIGHER; announced today its preliminary third quarter 2022 results. Revenue and subscriber growth for North America (NA) are expected to exceed previously issued guidance.

Glatfelter (NYSE:GLT7% HIGHER; In a 13D filing, hedge fund Carlson Capital, L.P. disclosed a 12.1%, or 5,415,000 share, stake in the company. The firm changed its filing status from 13G to 13D. Carlson Capital said it acquired the Issuer’s Common Shares for investment purposes and believe that the Issuer’s Common Shares trade at a substantial discount to the Issuer’s intrinsic value and represent an attractive investment opportunity.

Antero Resources Corp. (NYSE:AR) 6% HIGHER; will replace Alleghany Corp . (NYSE:Y) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, October 20.

Silk Road Medical, Inc. (NASDAQ:SILK) 6% LOWER; announced today the commencement of a proposed underwritten public offering of $100 million of shares of its common stock.

Matson , Inc. (NYSE:MATX) 2% LOWER; announces preliminary third quarter financial results, provides a business update and announces that its third quarter earnings call will be held on November 2, 2022. Matson expects third quarter operating income for Ocean Transportation of $310.0 to $315.0 million and Logistics operating income of $19.0 to $20.0 million. It also expects third quarter 2022 net income and diluted EPS to be $257.3 to $262.0 million and $6.67 to $6.79, respectively.

Marten Transport (NASDAQ:MRTN) 2% LOWER; reported Q3 EPS of $0.32, $0.02 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $324.4 million versus the consensus estimate of $322.11 million.

XPO Logistics (NYSE:XPO) 1% LOWER; released the following results in advance of its third quarter 2022 earnings announcement and conference call. For the third quarter 2022, the company expects to report Revenue of approximately $3.04 billion, versus the consensus of $3.1 billion.