After-Hours Movers 7/1: FLOW Higher; WIBC, DMAN Lower
Wilshire Bancorp, Inc. (Nasdaq: WIBC) 16.4% LOWER; expects to record a net loss for the second quarter of 2010. The net loss is primarily attributable to an elevated provision for loan losses and an increase in net loan charge-offs. Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from sales of non-performing and delinquent loans. In light of the net loss expected for the second quarter of 2010 and the expectation that credit costs will remain elevated for the foreseeable future, the Board of Directors of Wilshire Bancorp approved the temporary suspension of the Company's common stock dividend, effective immediately.
Flow International (Nasdaq: FLOW) 2.1% HIGHER; reports Q4 adj-loss of $0.03, 1 cent worse than the analyst estimate of ($0.02). Revenue for the quarter was $48.6 million, which compares to the estimate of $43.91 million.
DemandTec, Inc. (Nasdaq: DMAN) 1% LOWER; reports Q1 non-GAAP loss of $0.09, versus the analyst estimate of ($0.07). Revenue for the quarter was $18.0 million, which compares to the estimate of $17.63 million.
To get this report daily, visit http://www.streetinsider.com/entities/After-Hours+Movers.
Flow International (Nasdaq: FLOW) 2.1% HIGHER; reports Q4 adj-loss of $0.03, 1 cent worse than the analyst estimate of ($0.02). Revenue for the quarter was $48.6 million, which compares to the estimate of $43.91 million.
DemandTec, Inc. (Nasdaq: DMAN) 1% LOWER; reports Q1 non-GAAP loss of $0.09, versus the analyst estimate of ($0.07). Revenue for the quarter was $18.0 million, which compares to the estimate of $17.63 million.
To get this report daily, visit http://www.streetinsider.com/entities/After-Hours+Movers.
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