After-Hours Movers 7/17: Google (GOOG) Lower on Disappointing Results; Mattel (MAT) Up on Bratz Legal Victory

July 17, 2008 6:20 PM EDT

StreetInsider.com After-Hours Movers:

Evergreen Solar, Inc. (Nasdaq: ESLR) 11% LOWER; reports a Q2 loss of $0.08, 2 cents better than the analyst estimate of ($0.10). Revenues for the quarter were $18.1 million, versus the consensus of $22.14 million. Sees Q3 revs of $24.5-$25.5 million, versus the consensus of $26.5 million. Sees Q3 loss of $0.10, versus ($0.08).

Informatica (Nasdaq: INFA) 8% HIGHER; reports Q2 EPS of $0.17, 1 cent better than the analyst estimate of $0.16. Revenues for the quarter were $113.8 million, versus the consensus of $109.91 million.

Google (Nasdaq: GOOG) 7.9% LOWER; reports Q2 EPS of $4.63, 11 cents lower than the analyst estimate of $4.74. Revenues for the quarter were $3.9 billion, versus the consensus of $3.87 billion.

Advanced Micro Devices (NYSE: AMD) 7% LOWER; reports a Q2 loss of $0.60, ex-items, 8 cents worse than the analyst estimate of ($0.52). Revenues for the quarter were $1.35 billion, versus the consensus of $1.45 billion. In addition, Dirk Meyer will replace Hector Ruiz as CEO.

Merrill Lynch (NYSE: MER) 6% LOWER; reports a Q2 loss of $4.97, versus the analyst estimate of ($1.91). Revenues for the quarter were $4.95 billion, versus the consensus of $3.27 billion. Revenue was impacted by $3.5 billlion from CDOs, and credit valuation adjustment of $2.9 billion. Other losses included $1.7 billion from investment portfolio as well as $1.3 billion from residential mortgage exposure. Net revenues were negative $2.1 billion after adjustments.

Microsoft (Nasdaq: MSFT) 6% LOWER; reports Q4 EPS of $0.46, 1 cent lower than the analyst estimate of $0.47. Revenues for the quarter were $15.84 billion, versus the consensus of $15.65 billion. Sees Q1 EPS of $0.47-$0.48, versus the consensus of $0.49. Sees FY09 EPS of $2.12-$2.18, versus $2.16.

Lehman Brothers (NYSE: LEH) 5.8% LOWER; Sees selling after 3 straight up days. The downside move is likely due to Merrill's large Q2 loss.

Mattel Inc. (NYSE: MAT) 4% HIGHER; Prevails over MGA in Ownership of Bratz Drawings

Patriot Coal Corp. (NYSE: PCX) 2.2% HIGHER; will replace CBRL Group Inc. (NASDAQ: CBRL) in the S&P MidCap 400

Calamos Asset Management (Nasdaq: CLMS) 1.3% HIGHER; reports Q2 EPS of $0.32, 9 cents better than the analyst estimate of $0.23. Revenues for the quarter were $112.2 million, versus the consensus of $109.72 million.

International Business Machines (NYSE: IBM) 0.5% LOWER; reports Q2 EPS of $1.98, 16 cents better than the analyst estimate of $1.82. Revenues for the quarter were $26.8 billion, versus the consensus of $25.92 billion. Re-affirms forecast for the year. Still Sees 2010 EPS $10 to $11.

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