shares plummeted more than 16% after the medical device company announced that its CEO Lisa Earnhardt has resigned her post, but will remain on the board. Kieran Gallahue has been appointed as interim CEO and executive chairman of the board. The board has initiated a search to identify a permanent CEO.
Intersect ENT also lowered its guidance for the 2019 fiscal year to a range of $113 million to $117 million, down from a range of $123 million to $127 million.fell nearly 5% after the game developer gave weak second-quarter guidance. The game developer expects second-quarter bookings between $102 million and $105 million, slightly lower than analyst projections of $108.5 million. The company reported first-quarter revenues of $95.9 million, $6.1 million higher than expected.
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