Pre-Open Movers 5/7: Multi Fineline (MFLX) Up on Results; Georgia Gulf (GGC) Sinks

May 7, 2008 9:29 AM EDT

StreetInsider.com Pre-Open Movers:

Synchronoss Technologies (Nasdaq: SNCR) 45% LOWER; reports Q1 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenues for the quarter were $29.1 million, versus the consensus of $31.23 million. The company said "We view 2008 as a transition year and expect to improve gross and operating margins in 2009 as new transactions ramp and we gain leverage on our investments."

Georgia Gulf Corp. (NYSE: GGC) 25% LOWER; Reports Q1 Loss. Citi downgrades to Sell

TLC Vision (Nasdaq: TLCV) 23% HIGHER; CIBC upgrades to Outperform

UTStarcom, Inc. (Nasdaq: UTSI) 18% HIGHER; sees Q1 revenues of of $580 million to $590 million, compared with the initial guidance of $500 million to $520 million. The Wall Street consensus is $515.2 million.

Multi Fineline Electronix (Nasdaq: MFLX) 17% HIGHER; reports Q2 EPS of $0.41, 14 cents better than the analyst estimate of $0.27. Revenues for the quarter were $163.9 million, versus the consensus of $152.47 million.

OpenTV Corp. (Nasdaq: OPTV) 17% HIGHER; reports Q1 EPS of $0.05, 6 cents better than the analyst estimate of ($0.01). Revenues for the quarter were $33.9 million, versus the consensus of $25.05 million.

ON Semiconductor (Nasdaq: ONNN) 15% HIGHER; reports Q1 earnings of $0.21 per share, ex-items, 7 cents better than the consensus of $0.14. Revenues came in at $421.9 million, versus the consensus of $386.9 million. Sees Q2 revenues of $545-$560 million, which does not compare to the consensus of $388.65 million.

Syniverse Technologies (NYSE: SVR) 12.5% HIGHER; reports Q1 cash net income, a non-GAAP measure, of $0.37, versus the analyst estimate of $0.26. Revenues for the quarter were $115.6 million, versus the consensus of $102.37 million. (Net income per diluted share was $0.23 in first quarter 2008, a 99.7% increase compared to first quarter 2007). Cash net income per diluted share was $0.37 in first quarter 2008, a 74.8% increase compared to first quarter 2007. The company is revising guidance and providing the following outlook for 2008: Net Revenues $455 - $465 million (Consensus is $435.83 million), Net Income $59 - $64 million, Adjusted EBITDA $207 - $214 million Cash Net Income $97 - $102 million .

Asyst Technologies (Nasdaq: ASYT) 9% LOWER; reports a Q4 loss of $0.21, 10 cents lower than the analyst estimate of ($0.11). Revenues for the quarter were $94.3 million, versus the consensus of $90.90 million. Sees Q1 loss of $0.11-$0.17, versus the consensus of ($0.03).

Pacer International (Nasdaq: PACR) 8.8% HIGHER; reports Q1 EPS of $0.41, 12 cents better than the analyst estimate of $0.29. Revenues for the quarter were $509.4 million, versus the consensus of $480.46 million.

Clearwire (Nasdaq: CLWR) 8% HIGHER; The company and Sprint entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company.

FTI Consulting (NYSE: FCN) 8% HIGHER; reports Q1 EPS of $0.59, 12 cents better than the analyst estimate of $0.47. Revenues for the quarter were $307.1 million, versus the consensus of $287.13 million. Sees FY08 revs of $1.3-$1.375 billion, versus the consensus of $1.29 billion and EPS of $2.50-$2.63, versus $2.46.

THQ Inc (Nasdaq: THQI) 6.6% LOWER; reports a Q4 loss of $0.37, 31 cents worse than the analyst estimate of ($0.06). Revenues for the quarter were $217.6 million (non-GAAP), versus the consensus of $200.76 million. For the fiscal first quarter ending June 30, 2008, THQ expects to report net sales in the range of approximately $115 million to $125 million and a net loss per share in the range of approximately $0.38 to $0.42. The anticipated loss reflects a light product release schedule and the timing of expenses. (Revenue consensus is $122.52 million and EPS consensus is loss of $0.18). For the fiscal year ending March 31, 2009, THQ expects net sales in the range of approximately $1,175 million to $1,200 million and operating margins in the high single digits, resulting in earnings per diluted share in the range of approximately $0.95 to $1.05. (FY09 revenue consensus is $1.20 billion and EPS consensus is $1.20)

Petrohawk Energy Corp. (NYSE: HK) 6.4% LOWER; To Offer 21M shares. Announces $500M Notes Offering. Reports Q1 loss

YRC Worldwide Inc. (Nasdaq: YRCW) 6% HIGHER; Stephens upgrades to Overweight

Kendle International Inc. (Nasdaq: KNDL) 6% LOWER; reports Q1 EPS of $0.38, 9 cents lower than the analyst estimate of $0.47. Revenues for the quarter were $114.1 million, versus the consensus of $107.81 million.

OraSure Technologies, Inc. (Nasdaq: OSUR) 5% LOWER; reports Q1 EPS of $0.04, 1 cent better than the analyst estimate of $0.03. Revenues for the quarter were $18.1 million, versus the consensus of $18.39 million. Sees Q2 loss of $0.06-$0.07, versus the consensus of ($0.01). Sees FY08 loss of $0.10-$0.11, versus a gain of $0.05.

Brightpoint, Inc. (Nasdaq: CELL) 5% LOWER; reports Q1 EPS of $0.09, 3 cents below the analyst estimate of $0.12. Revenues for the quarter were $1.2 billion, versus the consensus of $1.38 billion.

Sprint (NYSE: S) 6% HIGHER; the company and Clearwire entered into a definitive agreement to combine their next-generation wireless broadband businesses to form a new wireless communications company.

Eagle Materials Inc. (NYSE: EXP) 4% LOWER; reports Q1 EPS of $0.07, below the analyst estimate of $0.23. Revenues for the quarter were $144.85 million, versus the consensus of $163.08 million.

LSB Industries (NYSE: LXU) 3% HIGHER; reports Q1 EPS of $0.46, 11 cents better than the analyst estimate of $0.35. Revenues for the quarter were $160.5 million, versus the consensus of $156.25 million.

Sohu.com (Nasdaq: SOHU) 3% LOWER; Piper downgrade

Walt Disney (NYSE: DIS) 2% HIGHER; reports Q2 EPS of $0.58, 7 cents better than the analyst estimate of $0.51. Revenues for the quarter were $8.71 billion, versus the consensus of $8.47 billion.

Cephalon (Nasdaq: CEPH) 1.5% LOWER; FDA panel votes 3-17 against expanded approval for Cephalon's Fentora. FDA panel says risks are too great to widen marketing.

Enzon Pharmaceuticals, Inc. (Nasdaq: ENZN) INDICATED HIGHER; reports Q1 EPS of $0.03, 12 cents better than the analyst estimate of ($0.09). Revenues for the quarter were $48.77 million, versus the consensus of $45.03 million.

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