After-Hours Movers 5/19: China TechFaith (CNTF) Lower on Results, The9 Limited (NCTY) Higher

May 19, 2008 5:41 PM EDT

StreetInsider.com After-Hours Movers:

Loral Space & Communications, Inc. (Nasdaq: LORL) 19% LOWER; reports a Q1 loss of $3.83. Revenues for the quarter were $386 million.

China TechFaith Wireless Com Tech (Nasdaq: CNTF) 14.5% LOWER; reports Q1 EPS of $0.07, 1 cent lower than the analyst estimate of $0.08. Revenues for the quarter were $49.6 million, versus the consensus of $48.67 million. Sees Q2 revs of $52-$54 million, versus the consensus of $52 million.

The9 Limited (Nasdaq: NCTY) 9% HIGHER; reports Q1 EPS of $0.46, 8 cents better than estimates. Revenues were $65.9 million vs. $58.1 million consensus.

DryShips Inc. (Nasdaq: DRYS) 3% HIGHER; reports Q1 EPS of $4.13, ex-items, 8 cents better than the analyst estimate of $4.05. Revenues for the quarter were $232.06 million, versus the consensus of $218.56 million.

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