In afternoon trade the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) is on course to finish the week on a high. At the time of writing the benchmark index is up 0.4% to 6,164.9 points.
Four shares that have failed to follow the market higher today are listed below. Here's why they are ending the week in the red:
The Hansen Technologies Limited (ASX: HSN) share price has tumbled 8% lower to $3.10 following the release of the billing technology company's half year results. For the six months ended December 31, Hansen posted first half operating revenue of $112.4 million and EBITDA of $28.5 million. Although this was an improvement on its performance in the second half of FY 2018, it was a 5% and 15.7% decline, respectively, on the prior corresponding period.
The iSentia Group Ltd (ASX: ISD) share price has crashed 20% lower to 26 cents after the embattled media intelligence company released yet another disappointing result. For the first half of FY 2019 iSentia posted a 12.2% decline in revenue to $62.25 million and a 29.8% decline in underlying EBITDA to $11 million. The company posted a $22.1 million loss after tax for the half, due largely to the the impairment of some intangible assets.
The Orocobre Limited (ASX: ORE) share price is down 3% to $3.30 following the release of the lithium miner's half year results. During the half the company achieved revenue of US$51.5 million after enjoying an average sales price of US$12,295 per tonne FOB. However, prices have fallen heavily in 2019 with management expecting the average sales price for the March quarter to be approximately US$9,000/tonne FOB.
The Woodside Petroleum Limited (ASX: WPL) share price has dropped 4% to $35.48. Today's decline is almost entirely attributable to the energy producer's shares trading ex-dividend this morning for its final dividend of 127.5 cents per share. This dividend will be paid to eligible shareholders on March 20.
