After-hours movers: Silvergate plunges on liquidation, Asana jumps on EPS, CEO's plans to buy stock

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Silvergate Capital Corporation (NYSE:SI) 34% LOWER; announced its intent to wind down operations and voluntarily liquidate the bank in an orderly manner and in accordance with applicable regulatory processes.

Asana Inc (NYSE:ASAN32% HIGHER; reported Q4 EPS of ($0.15), $0.12 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $150.2 million versus the consensus estimate of $145.08M. Asana, Inc. sees Q1 2024 EPS of ($0.19)-($0.18), versus the consensus of ($0.23). Asana, Inc. sees Q1 2024 revenue of $150-151M, versus the consensus of $149.97M. Asana, Inc. sees FY2024 EPS of ($0.59)-($0.55), versus the consensus of ($0.80). Asana, Inc. sees FY2024 revenue of $638-648M, versus the consensus of $645.84M. CEO enters trading plan to buy up to 30Mshares.

OPTIMIZERx Corp (NASDAQ:OPRX18% LOWER; reported Q4 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $19.7M versus the consensus estimate of $21.77M. Optimizerx Corporation sees Q1 2023 revenue of $11.5-13M, versus the consensus of $16.15M.

MongoDB (NASDAQ:MDB) 9% LOWER; reported Q4 EPS of $0.57, $0.50 better than the analyst estimate of $0.07. Revenue for the quarter came in at $361.3M versus the consensus estimate of $339.31M. MongoDB sees FY2024 EPS of $0.96-$1.10, versus the consensus of $0.61. MongoDB sees FY2024 revenue of $1.48-1.51 billion, versus the consensus of $1.58B. MongoDB sees Q1 2024 EPS of $0.17-$0.20, versus the consensus of $0.14. MongoDB sees Q1 2024 revenue of $344-348M, versus the consensus of $355.9M.

SVB Financial Group (NASDAQ:SIVB9% LOWER; announced today that it intends to offer $1.25B of its common stock and $500M of depositary shares, consisting of 10M depositary shares each representing a 1/20th interest in a share of its Series F Mandatory Convertible Preferred Stock. The company also said it completed the sale of substantially of its available for sale securities portfolio. SVB sold approximately $21B of securities, which will result in an after tax loss of approximately $1.8B in the first quarter of 2023.

Uber (NYSE:UBER) 2% HIGHER; Said to weigh IPO or sale of freight division – Bloomberg.