After-Hours Movers 10/29: AXTI, ISSI, APKT, GNW, CEC, CSA, LVS Higher; IDIX, NVTL, TSRA, CRDC Lower

October 29, 2009 6:55 PM EDT

Idenix Pharmaceuticals, Inc. (NASDAQ: IDIX) 20% LOWER; reports a Q3 loss of $0.18, 6 cents better than the analyst estimate of ($0.24). Revenue for the quarter was $3.1 million, which compares to the estimate of $3.04 million. The company expects that its current cash, cash equivalents and marketable securities can fund operations through at least the next twelve months.

AXT Inc (NASDAQ: AXTI) 19% HIGHER; reports Q3 EPS of $0.07, 9 cents better than the analyst estimate of ($0.02). Revenue for the quarter was $16.8 million, which compares to the estimate of $14.42 million. AXT estimates revenue for the fourth quarter will increase to between $17.0 million and $17.5 million. The company estimates that net income per share will be between $0.03 and $0.05, which takes into account a weighted average share count of approximately 31.7 million shares. (Consensus is $16.03M and $0.00, respectively)

Novatel Wireless (NASDAQ: NVTL) 18.4% LOWER; reports Q3 EPS of $0.20, 10 cents better than the analyst estimate of $0.10. Revenue for the quarter was $94.3 million, which compares to the estimate of $95.55 million.

Integrated Silicon Solution, Inc. (NASDAQ: ISSI) 14.3% HIGHER; reports Q3 EPS of $0.02, 9 cents better than the analyst estimate of ($0.07). Revenue for the quarter was $46.4 million, which compares to the estimate of $43.10 million. (The Company reported net income for the fourth quarter of $3.6 million or $0.14 per diluted share. On a non-GAAP basis, without the effect of the $25.3 goodwill charge, net income in the fourth quarter of fiscal 2008 was $0.6 million, or $0.02 per diluted share) The Company currently expects its revenue for the December quarter to be between $48 million and $52 million and gross margin to be between 24 and 28 percent. (Consensus is $47.60M)

Acme Packet, Inc. (NASDAQ: APKT) 12.6% HIGHER; reports Q3 EPS of $0.09, 2 cents better than the analyst estimate of $0.07. Revenue for the quarter was $36.3 million, which compares to the estimate of $33.92 million. Raises FY revenues from $130.0-$134.0 million to $138.0-$140.0 million vs. consensus of $133.38 million. Raises FY Non-GAAP diluted EPS from $0.28-$0.30 to $.34-$0.35 vs. consensus of $0.29.

Genworth Financial, Inc. (NYSE: GNW) 11.9% HIGHER; reports Q3 adjusted EPS of $0.10, the analyst estimate of ($0.02). Revenue for the quarter was $2.39 billion, which compares to the estimate of $2.52 billion.

CEC Entertainment (NYSE: CEC) 10.8% HIGHER; reports Q3 EPS of $0.55, versus the analyst estimate of $0.46. Revenue for the quarter was $197.80 million, which compares to the estimate of $195.66 million. Raises FY09 EPS to $2.63 - $2.67, versus $2.60 consensus. And sees FY10 $2.70 - $2.80, versus $2.79 consensus.

Cogdell Spencer, Inc. (NYSE: CSA) 10.4% HIGHER; reports Q3 FFO of $0.17, 5 cents better than the analyst estimate of $0.12. Revenue for the quarter was $20 million, which compares to the estimate of $19.67 million. The Company's management team expects that FFOM per share and operating partnership unit for the year ending December 31, 2009, will be between $0.72 and $0.75, excluding the impairment charges. (Consensus is $0.62)

Las Vegas Sands Corp. (NYSE: LVS) 10% HIGHER; reports Q3 EPS of $0.03, 4 cents better than the analyst estimate of ($0.01). Revenue for the quarter was $1.14 billion, which compares to the estimate of $1.17 billion.

Nanometrics (NASDAQ: NANO) 9.5% HIGHER; reports Q3 EPS of $0.08, 14 cents better than the analyst estimate of ($0.06). Revenue for the quarter was $25.8 million, which compares to the estimate of $21.10 million.

Tessera Technologies Inc (NASDAQ: TSRA) 9.5% LOWER; reports Q3 a EPS of $0.37, versus the analyst estimate of $0.21. Revenue for the quarter was $66.10 million, which compares to the estimate of $65.70 million. Sees Q409 Sales $60 - $62 million, versus 70 million.

TeleCommunication Systems, Inc. (NASDAQ: TSYS) 8.8% HIGHER; reports Q3 EPS of $0.10, 3 cents better than the analyst estimate of $0.07. Revenue for the quarter was $71.6 million, which compares to the estimate of $70.14 million.

Bare Essentials, Inc. (NASDAQ: BARE) 8.6% HIGHER; reports Q3 EPS of $0.24, 3 cents better than the analyst estimate of $0.21. Revenue for the quarter was $135.7 million, which compares to the estimate of $131.58 million.

CARDICA INC (NASDAQ: CRDC) 8.3% LOWER; reports Q1 EPS of $0.17 loss, 1 cents below the analyst estimate of ($0.16). Revenue for the quarter was $800K, which compares to the estimate of $2.05 million.

Manitowoc (NYSE: MTW) 7.2% LOWER; reports Q3 adjusted loss of $0.04, 4 cents better than the analyst estimate of $0.08. Revenue for the quarter was $881.50 million, which compares to the estimate of $934.36 million.

Depomed (NASDAQ: DEPO) 6.4% HIGHER; reports Q3 EPS of $0.03, 11 cents better than the analyst estimate of ($0.08). Revenue for the quarter was $23.0 million, which compares to the estimate of $19.35 million.

Stanley, Inc. (NYSE: SXE) 6.3% HIGHER; reports Q2 EPS of $0.49, 7 cents better than the analyst estimate of $0.42. Revenue for the quarter was $217.1 million, which compares to the estimate of $209.05 million. Stanley sees Q3 EPS of $0.46-$0.48, versus the consensus of $0.42. Sees Q3 sales $212-$219 million, versus the consensus of $211 million.

McAfee, Inc. (NYSE: MFE) 6.3% LOWER; reports Q3 adjusted EPS of $0.62, 1 cent better than the analyst estimate of $0.61. Revenue for the quarter was $485.30 million, which compares to the estimate of $486.60 million. Sees Q4 adjusted EPS of $0.61 - $0.65, versus $0.63. And sales $505 - $525 million, versus $506.70 million.

Wright Medical Group, Inc. (NASDAQ: WMGI) 5.3% HIGHER; reports Q3 EPS of $0.11, 1 cent better than the analyst estimate of $0.10. Revenue for the quarter was $117.70 million, which compares to the estimate of $112.93 million. Sees Q409 revs of $122 - $127 million. FY9 EPS $0.80 - $.84, and sales $480 - $485 million.

Mohawk Industries, Inc. (NYSE: MHK) 5.3% LOWER; reports Q3 EPS of $0.64, 8 cents better than the analyst estimate of $0.56. Revenue for the quarter was $1.38 billion, which compares to the estimate of $1.40 billion. Mohawk Industries sees Q4 EPS of $0.28-$0.38, versus the $0.45 consensus. Carpet material costs will reduce margins until we pass them through with higher prices.

AMN Healthcare Services, Inc. (NYSE: AHS) 5.1% LOWER; reports Q3 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter was $166.4 million, which compares to the estimate of $169.45 million. AMN Healthcare sees Q4 sales down 10-15%.

Shaw Group, Inc. (NASDAQ: SHAW) 4.8% LOWER; reports Q4 adjusted EPS of $0.48, 1 cent better than the analyst estimate of $0.47. Revenue for the quarter was $ billion, which compares to the estimate of $1.79 billion. Sees FY10 sales of $7 billion, and EPS ex-Westinghouse $2.10 - $2.20.

LaserCard Corporation (Nasdaq: LCRD) 4.7% LOWER; reports Q2 EPS of $0.15, versus the analyst estimate of $0.16. Revenue for the quarter was $15.70 million, which compares to the estimate of $16.03 million.

RSC Holdings Inc (NYSE: RRR) 4.5% HIGHER; reports Q3 loss of $0.06, versus the analyst estimate of ($0.14). Revenue for the quarter was $316 million, which compares to the estimate of $317.75 million. Sees Q409 sales $265 - $280 million, versus $312.30 million.

Bally Technologies Inc. (NYSE: BYI) 4.4% HIGHER; reports Q1 EPS of $0.53, even with the analyst estimate of $0.53. Revenue for the quarter was $196 million, which compares to the estimate of $206.22 million. Sees FY10 EPS $2.30 - $2.55, versus $2.42.

Callidus Software Inc. (NASDAQ: CALD) 4.2% HIGHER; reports a Q3 loss of $0.12, 4 cents worse than the analyst estimate of ($0.08). Revenue for the quarter was $17.4 million, which compares to the estimate of $18.27 million. Sees Total revenues for the fourth quarter between $16 million and $17.5 million vs. $18.92 million consensus.

Maxim Integrated Products (NASDAQ: MXIM) 4.2% LOWER; reports Q1 EPS of $0.16, 4 cents better than the analyst stimate of $0.12. Revenue for the quarter was $449.2 million, which compares to the estimate of $438.43 million. Maxim Integrated sees Q2 revenues of $450-$465 million, versus $454.8 milion consensus.

Priceline.com Inc. (NASDAQ: PCLN) 4% HIGHER; will replace Schering-Plough in the S&P 500.

eResearch Technology (NASDAQ: ERES) 4% LOWER; reports Q3 EPS of $0.06, in-line with the analyst estimate of $0.06. Revenue for the quarter was $22.7 million, which compares to the estimate of $24.51 million. For the fourth quarter of 2009, management anticipates diluted net income per share of between $0.05 and $0.06, which translates into full year 2009 guidance of between $0.20 and $0.21. This is in line with the lower end of our previously issued guidance. (Q4 EPS consensus is $0.07, FY is $0.23) Due to the lower than anticipated level of Thorough QT bookings in the third quarter of 2009 and some delays in starts of Thorough QT studies, management anticipates net revenues of between $22.0 million and $23.0 million for the fourth quarter of 2009, which translates into full year 2009 guidance of between $92.7 million and $93.7 million. (Q4 revenue consensus is $26.22M, FY is $98.71M)

Dynamic Materials (NASDAQ: BOOM) 3.9% HIGHER; reports Q3 EPS of $0.08, 3 cents better than the analyst estimate of $0.05. Revenue for the quarter was $34.7 million, which compares to the estimate of $32.97 million.

Baldor Electric (NYSE: BEZ) 3.8% LOWER; reports Q3 EPS of $0.27, versus the analyst estimate of $0.28. Revenue for the quarter was $380.40 million, which compares to the estimate of $403.54 million. Sees Q409 sales down 20 - 25% versus one year ago.

Hertz Global Holdings Inc. (NYSE: HTZ) 3.6% HIGHER; reports Q3 EPS of $0.31, 7 cents better than the analyst estimate of $0.24. Revenue for the quarter was $2 billion, which compares to the estimate of $2.01 billion. Hertz Global raises FY EPS from $0.12-$0.15, to $0.21-$0.23. Hertz Global raises FY revenue view to $6.7-$7 billion, versus prior view $7-$7.1 billion and the consensus of $6.97 billion.

Cliffs Natural Resources Inc (NYSE: CLF) 3.5% HIGHER; reports Q3 EPS of $0.45, which may not cmoare to the analyst estimate of ($0.07). Revenue for the quarter was $660 million, which compares to the estimate of $634.56 million.

Standard Pacific Corp. (NYSE: SPF) 3.3% HIGHER; reports Q3 EPS of $0.01 loss, 8 cents better analyst estimate of $0.07 loss. Home building revenue for the quarter was $269.9 million.

Powerwave Technologies (NASDAQ: PWAV) 3.2% HIGHER; reports Q3 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter was $139 million, which compares to the estimate of $139.86 million.

ImmunoGen, Inc. (NASDAQ: IMGN) 3.1% HIGHER; reports a Q3 loss of $0.22, 2 cents worse than the analyst estimate of ($0.20). Revenue for the quarter was $3.1 million, which compares to the estimate of $4.54 million. ImmunoGen expects its net loss for its fiscal year ending June 30, 2010 to be between $44-47 million, its cash used in operations to be between $32-35 million and its capital expenditures to be between $1-2 million, all unchanged from previous guidance. Cash and marketable securities at June 30, 2010 are anticipated to be between $38-40 million, also unchanged from previous guidance.

U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) 3% HIGHER; reports Q3 EPS of $0.03, 3 cents better than the analyst estimate of $0.00. Revenue for the quarter was $47 million, which compares to the estimate of $40.83 million.

Athenahealth, Inc. (Nasdaq: ATHN) 2.8% LOWER; reports Q3 EPS of $0.14, vesus the analyst estimate of $0.16. Revenue for the quarter was $488.70 million, which compares to the estimate of $488.70 million.

GFI Group Inc. (NASDAQ: GFIG) 2.5% LOWER; reports Q3 EPS of $0.06, 3 cents below the analyst estimate of $0.09. Revenue for the quarter was $192.2 million, which compares to the estimate of $195.25 million.

MetLife, Inc. (NYSE: MET) 2.2% LOWER; reports Q3 EPS of $0.87, in-line with the analyst estimate of $0.87. Revenue for the quarter was $12.4 billion, which compares to the estimate of $12.25 billion.

Phase Forward Incorporated (NASDAQ: PFWD) 2.1% HIGHER; reports Q3 EPS of $0.11, 1 cent better than the analyst estimate of $0.10. Revenue for the quarter was $53.9 million, which compares to the estimate of $54.46 million. Phase Forward sees Q4 EPS of $0.12-$0.13, versus consensus of $0.12.

To get this report daily, visit http://www.streetinsider.com/entities/After-Hours+Movers.

Related Categories

Special Reports

Stocks Mentioned

Related Entities

• Standard & Poor's
• After-Hours Movers

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?