Earnings, Revenue Beat the Street
CalAmp reported second-quarter profit of $0.19 a share on revenue of $58.8 million. Analysts had only expected $0.16 and $54.8 million, respectively. Guidance was strong, as well, and CAMP is rallying 9 percent before the opening bell on my tradeMONSTER platform.
Angie's List Falls on Reported Price Cuts
Angie's List cut membership prices by about three-quarters in a bid to gain new users, according the Wall Street Journal. That's sending ANGI down by 9 percent in the premarket.
Omeros Settles Insurance Litigation
Omeros announced it settled litigation with its insurer and will receive a $12.5 million payment. OMER climbs 7 percent in early trading.