After-Hours Movers 8/11: LDK Solar (LDK) Soars On Strong Results; Sonus Networks (SONS) Lower on Results

August 11, 2008 6:26 PM EDT

StreetInsider.com After-Hours Movers:

LDK Solar Co., Ltd. (NYSE: LDK) 18.5% HIGHER; reports Q2 EPS of $1.29, versus analyst estimate of $0.42. Revenues for the quarter were $441.7 million, versus the consensus of $282.04 million. Sees FY08 $1.65 billion to $1.75 billion versus $1.16 billion consensus.

Sonus Networks (Nasdaq: SONS) 16% LOWER; reports Q2 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenues for the quarter were $87.9 million, versus the consensus of $86.22 million

DealerTrack Holdings, Inc. (Nasdaq: TRAK) 13% LOWER; Reports Q2 results, lowers FY guidance

AirMedia Group Inc. (Nasdaq: AMCN) 8% HIGHER; reports Q2 adjusted EPS of $0.12, 1 cent better than estimates. Total revenues increased 251.6% year-over-year and 37.9% sequentially to US$29.8 million vs. $27.71 million consensus. AirMedia currently expects that its total revenues for the third quarter of 2008 will be in an amount ranging from US$31.0 million to US$33.0 million, representing a year-over-year increase of 191.8% to 210.6% from the same period of 2007. (Q3 revenue consensus is $31.86 million). As a result of current business visibility, AirMedia currently expects that its total revenues for 2008 will be in an amount ranging from US$122.4 million to US$126.4 million, representing a year-over-year increase of 180.6% to 189.8% from fiscal year 2007. (Consensus is $119.38 million).

ReneSola Ltd. (NYSE: SOL) 6% HIGHER; Blow-out resutls from LDK

Trina Solar Ltd. (NYSE: TSL) 6% HIGHER; Blow-out resutls from LDK

JA Solar Holdings Co., Ltd. (Nasdaq: JASO) 5% HIGHER; Blow-out resutls from LDK

Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF) 5% HIGHER; Blow-out resutls from LDK

Canadian Solar Inc. (Nasdaq: CSIQ) 5% HIGHER; Blow-out resutls from LDK

Fluor Corporation (NYSE: FLR) 5% HIGHER; reports Q2 EPS of $1.13, which may not compare to the analyst estimate of $0.82. Revenues for the quarter were $5.77 billion, versus the consensus of $5.18 billion. Raises FY08 EPS range from $3.30-$3.45 to $3.65-$3.80, versus the consensus of $3.29.

Physicians Formula Holdings (Nasdaq: FACE) INDICATED LOWER; reports Q2 loss of $0.14, versus the analyst estimate of ($0.08). Revenues for the quarter were $22.9 million, versus the consensus of $24.46 million. Sees fY08 EPS 52-57 cents which includes a 11 cent charge versus 69 cents consensus, prior guidance was 65 to 69 cents. Now, sees revenue $120M-$123M versus prior guidance of $123M to 125M versus $126.02M consensus.

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