After-Hours Movers 7/30: First Solar (FSLR) Jumps On Strong Results; Akamai (AKAM) Sinks On Results/Poor Guidance

July 30, 2008 6:40 PM EDT

StreetInsider.com After-Hours Movers:

Cadence Pharmaceuticals, Inc. (Nasdaq: CADX) 55% HIGHER received written guidance from the FDA that one post-operative pain trial (Sinatra Study) and one fever trial (Study 302) are sufficient to meet the pivotal clinical trial requirements for submission of a New Drug Application (NDA) for Acetavance, the company's intravenous formulation of acetaminophen for the treatment of acute pain and fever in adults and children

Bare Escentuals (Nasdaq: BARE) 22% LOWER; reports Q2 results; guides lower

Akamai Technologies Inc. (Nasdaq: AKAM) 17% LOWER; reports Q2 EPS of $0.41, versus the analyst estimate of $0.41. Revenues for the quarter were $194 million, versus the consensus of $196.72 million. Akamai sees Q3 EPS of $0.39-$0.40, versus the consensus of $0.41. Sees '08 EPS of $1.63-$1.69, versus the consensus of $1.70.

ARRIS Group, Inc. (Nasdaq: ARRS) 14% HIGHER; reports Q2 EPS of $0.15, 1 cents better than the analyst estimate of $0.14. Revenues for the quarter were $281.1 million, versus the consensus of $281.69 million. Sees Q3 EPS of $0.19-$0.24, versus the consensus of $0.18 and revs of $288-$308 million, versus the consensus of $304.6 million.

Tetra Tech (Nasdaq: TTEK) 11% HIGHER; reports Q3 EPS of $0.27, 3 cents better than the analyst estimate of $0.24. Revenues for the quarter were $332.3, versus the consensus of $304.33 million. Tetra Tech sees Q4 eps 27-29 cents versus 26 cents.

THQ Inc (Nasdaq: THQI) 10.6% LOWER; reports a Q1 loss of $0.38, versus the analyst estimate of ($0.38). Revenues for the quarter were $137.6 million, versus the consensus of $121.12 million. THQ sees Q2 loss of 35-39 cents versus 12 cents consensus. Sees Q2 sales $160-$170 million versus $230 million. THQ sees FY09 EPS 80-90 cents versus 99 cents. Sees FY09 revenue $1.15-$1.75 billion versus consensus of $1.18 billion.

Andersons, Inc. (Nasdaq: ANDE) 9.4% HIGHER; expects its full-year earnings per share to exceed previous guidance. The full-year 2008 guidance is expected to be within the range of $5.00 and $5.40 per diluted share, up from the previous estimate of $4.40 to $4.80 per diluted share announced in June. The Wall Street consensus is $4.61.

First Solar, Inc. (Nasdaq: FSLR) 6% HIGHER; reports Q2 EPS of $0.85, versus the analyst estimate of $0.58. Revenues for the quarter were $267 million, versus the consensus of $216.90 million.

Digital River, Inc. (Nasdaq: DRIV) 6% HIGHER; reports Q3 EPS of $0.37, 4 cents better than the analyst estimate of $0.33. Revenues for the quarter were $98.4 million, versus the consensus of $91.02 million. Sees FY08 EPS of $2.00, versus the consensus of $1.90 and sales of $410 million, versus $401 million.

Trinity Industries (NYSE: TRN) 6% HIGHER; reports Q2 EPS of $0.98, 12 cents better than the analyst estimate of $0.86. Revenues for the quarter were $945.5 million, versus the consensus of $957.63 million. Sees Q3 EPS of $0.91-$0.96, versus the consensus of $0.81.

Atmel Corporation (Nasdaq: ATML) 5.8% HIGHER; reports Q2 EPS of $0.04, 3 cents better than the analyst estimate of $0.01. Revenues for the quarter were $420.9 million, versus the consensus of $419.33 million. Sees Q3 revs down 3-7% sequentially, excluding a charge, would be up 1-4%, sequentially.

Itron, Inc. (Nasdaq: ITRI) 5% HIGHER; reports Q2 EPS of $1.02, 20 cents better than the analyst estimate of $0.82. Revenues for the quarter were $514 million, versus the consensus of $476.38 million. Itron raises guidance.

Las Vegas Sands (NYSE: LVS) 3.8% LOWER; reports Q2 EPS of $0.09, 2 cents lower than the analyst estimate of $0.11. Revenues for the quarter were $1.11 billion, versus the consensus of $1.11 billion.

Starbucks (Nasdaq: SBUX) 3.7% HIGHER; reports Q2 EPS of $0.16, 2 cents below the analyst estimate of $0.18. Revenues for the quarter were $2.57 billion, versus the consensus of $2.61 billion. Sees FY08 revenue growth of 11%.

General Maritime Corporation (NYSE: GMR) 3.6% HIGHER; reports Q2 EPS of $0.67, 12 cents better than the analyst estimate of $0.55. Revenues for the quarter were $80.9 million, versus the consensus of $64.40 million

Priceline.com Inc. (NASDAQ: PCLN) 3.4% HIGHER; will replace KEMET Corp. (NYSE: KEM) in the S&P MidCap 400 after the close of trading on Friday, August 1. As of today’s close of trading KEMET had a market capitalization of approximately $144 million, ranking 400th in the index.

Express Scripts, Inc. (Nasdaq: ESRX) 3% HIGHER; reports Q2 EPS of $0.76, 4 cents better than the analyst estimate of $0.72. Revenues for the quarter were $4.7 billion, versus the consensus of $4.75 billion. Sees FY08 EPS of $3.03-$3.10, versus the consensus of $3.00.

Walt Disney (NYSE: DIS) 2.3% LOWER; reports Q3 EPS of $0.62, ex-items, 1 cent better than the analyst estimate of $0.61. Revenues for the quarter were $9.24 billion, versus the consensus of $9.14 billion.

Visa Inc. (NYSE: V) 1.3% HIGHER; reports Q2 EPS of $0.59, 11 cents better than the analyst estimate of $0.48. Revenues for the quarter were $1.6 billion, versus the consensus of $1.55 billion.

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