Morning Movers 04/28: (VTAL) (LOOP) (SFLY) (FTNT) Higher; (ESLR) (ACLS) (OMX) (AKAM) Lower
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Vital Images, Inc. (Nasdaq: VTAL) 31.5% HIGHER; announced an agreement to be acquired by Toshiba Medical Systems for $18.75 per share, or approximately $273 million in the aggregate.
LoopNet, Inc. (NASDAQ: LOOP) 27.7% HIGHER; reported Q1 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $20.7 million versus the consensus estimate of $20.38 million. SunTrust downgraded the stock earlier.
Evergreen Solar (Nasdaq: ESLR) 26% LOWER; sees Q1 shipments of 18MW at average selling price of $1.86. As of April 2, the company had cash and cash equivalents of $38.5 million.
Axcelis Technologies Inc. (NASDAQ: ACLS) 23.7% LOWER; reported Q1 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $93.2 million versus the consensus estimate of $94.35 million. The stock was also downgraded at Craig-Hallum.
OfficeMax Incorporated (NYSE: OMX) 15.9% LOWER; reported Q1 EPS of $0.13, $0.14 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.86 billion.
Harte-Hanks Inc. (NYSE: HHS) 15.5% LOWER; reported Q1 EPS of $0.12, $0.05 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $200.31 million versus the consensus estimate of $206.11 million.
Akamai Technologies Inc. (NASDAQ: AKAM) 14.8% LOWER; reported Q4 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $276 million versus the consensus estimate of $272.03 million. The stock was downgraded at Morgan Stanley this morning.
Shutterfly, Inc. (Nasdaq: SFLY) 14.6% HIGHER; reported Q1 EPS of ($0.27), $0.01 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $57.2 million versus the consensus estimate of $53.44 million. The stock was upgraded by Morgan Stanley this morning.
Fortinet Inc. (NASDAQ: FTNT) 14.4% HIGHER; reported Q1 EPS of $0.17, $0.03 better than the analyst estimate of $0.14. Revenue for the quarter came in at $93.3 million versus the consensus estimate of $86.86 million. The company also announced that it is doing a 2 for 1 stock split.
Kadant Inc. (NYSE: KAI) 13.8% HIGHER; reported Q1 EPS of $0.47, $0.10 better than the analyst estimate of $0.37. Revenue for the quarter came in at $71.7 million versus the consensus estimate of $71.88 million.
Teradyne Inc. (NYSE: TER) 13.8% LOWER; reported Q1 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $377 million versus the consensus estimate of $366.32 million. Sees Q211 EPS of $0.27-$0.34, versus the consensus of $0.44. Also sees Q211 revenue of $375-$400 million, versus the consensus of $41.80 million.
CytRx Corporation (Nasdaq: CYTR) 13.1% HIGHER; reports its tumor-targeting pro-drug candidate INNO-206 has been approved for orphan drug designation for the treatment of patients with pancreatic cancer by the Office of Orphan Products Development of the U.S. FDA. CytRx holds the exclusive worldwide development and commercialization rights to INNO-206.
SurModics Inc. (NASDAQ: SRDX) 12.9% HIGHER; reported Q2 EPS of $0.08, $0.08 better than the analyst estimate of $0.00. Revenue for the quarter came in at $17.5 million versus the consensus estimate of $14.82 million. Increases FY2011 EPS to $0.13-$0.26, versus the consensus of $0.05. Also increases FY2011 revenue to $63-$68 million, versus the consensus of $60.01 million.
Pacer International (Nasdaq: PACR) 12.6% HIGHER; reported Q1 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $358.4 million versus the consensus estimate of $374.63 million.
Ferro Corp.0 (NYSE: FOE) 12.4% LOWER; reported Q1 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $573 million versus the consensus estimate of $538.34 million. Raises its FY11 sales guidance from $2.23-$2.30 billion to $2.3-$2.35 billion, which compares to the Street estimate of $2.27 billion.
Longtop Financial Technologies Limited (NYSE: LFT) 11.7% HIGHER; reports that it has increased its stock buyback by $50 million for a total of $100 million. In addition, the Company announced that it will host a conference call in response to allegations and rumors in the recent Citron report and related market rumors.
CARBO Ceramics Inc. (NYSE: CRR) 11.6% HIGHER; reported Q1 EPS of $1.30, $0.28 better than the analyst estimate of $1.02. Revenue for the quarter came in at $150.83 million versus the consensus estimate of $129.45 million.
Horizon Lines, Inc. (NYSE: HRZ) 11.6% HIGHER; the Justice Department said it wants the company's price-fixing fine of $45 million cut to $15 million to avoid bankruptcy.
Satcon Technology Corporation (NASDAQ: SATC) 10.7% LOWER; reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $62 million versus the consensus estimate of $63.2 million. The stock was downgraded at Capstone earlier.
Citrix Systems, Inc. (NASDAQ: CTXS) 10% HIGHER; reported Q1 EPS of $0.50, $0.08 better than the analyst estimate of $0.42. Revenue for the quarter came in at $491 million versus the consensus estimate of $475.3 million. Citrix Systems, Inc. sees FY2011 EPS of $2.38-$2.41, versus the consensus of $2.32. Citrix Systems, Inc. sees FY2011 revenue of $2.14-$2.17 billion, versus the consensus of $2.13 billion.
Graco Inc. (NYSE: GGG) 9.9% HIGHER; reported Q1 EPS of $0.61, $0.17 better than the analyst estimate of $0.44. Revenue for the quarter came in at $217.7 million versus the consensus estimate of $192.49 million.
Advance America, Cash Advance Centers Inc. (NYSE: AEA) 9.5% HIGHER; reported Q1 EPS of $0.29, $0.05 better than the analyst estimate of $0.24. Revenue for the quarter came in at $144.1 million versus the consensus estimate of $154.29 million.
Unifi, Inc. (NYSE: UFI) 9.3% LOWER; the company reported Q3 net sales of $178 million, versus $155 million during the same quarter last year. The net loss came in at 20 cents per share, down from a gain of 4 cents during Q3 of last year.
Oshkosh Corporation (NYSE: OSK) 8.5% LOWER; reported Q2 EPS of $0.74, $0.01 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.76 billion.
Hill-Rom Holdings, Inc. (NYSE: HRC) 8% HIGHER; reported Q2 EPS of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $402 million versus the consensus estimate of $377.5 million. Increases FY2011 EPS outlook from $2.18 - $2.26 to $2.26-$2.32, versus the consensus of $2.24.
To get this movers report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
LoopNet, Inc. (NASDAQ: LOOP) 27.7% HIGHER; reported Q1 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $20.7 million versus the consensus estimate of $20.38 million. SunTrust downgraded the stock earlier.
Evergreen Solar (Nasdaq: ESLR) 26% LOWER; sees Q1 shipments of 18MW at average selling price of $1.86. As of April 2, the company had cash and cash equivalents of $38.5 million.
Axcelis Technologies Inc. (NASDAQ: ACLS) 23.7% LOWER; reported Q1 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $93.2 million versus the consensus estimate of $94.35 million. The stock was also downgraded at Craig-Hallum.
OfficeMax Incorporated (NYSE: OMX) 15.9% LOWER; reported Q1 EPS of $0.13, $0.14 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.86 billion.
Harte-Hanks Inc. (NYSE: HHS) 15.5% LOWER; reported Q1 EPS of $0.12, $0.05 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $200.31 million versus the consensus estimate of $206.11 million.
Akamai Technologies Inc. (NASDAQ: AKAM) 14.8% LOWER; reported Q4 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $276 million versus the consensus estimate of $272.03 million. The stock was downgraded at Morgan Stanley this morning.
Shutterfly, Inc. (Nasdaq: SFLY) 14.6% HIGHER; reported Q1 EPS of ($0.27), $0.01 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $57.2 million versus the consensus estimate of $53.44 million. The stock was upgraded by Morgan Stanley this morning.
Fortinet Inc. (NASDAQ: FTNT) 14.4% HIGHER; reported Q1 EPS of $0.17, $0.03 better than the analyst estimate of $0.14. Revenue for the quarter came in at $93.3 million versus the consensus estimate of $86.86 million. The company also announced that it is doing a 2 for 1 stock split.
Kadant Inc. (NYSE: KAI) 13.8% HIGHER; reported Q1 EPS of $0.47, $0.10 better than the analyst estimate of $0.37. Revenue for the quarter came in at $71.7 million versus the consensus estimate of $71.88 million.
Teradyne Inc. (NYSE: TER) 13.8% LOWER; reported Q1 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $377 million versus the consensus estimate of $366.32 million. Sees Q211 EPS of $0.27-$0.34, versus the consensus of $0.44. Also sees Q211 revenue of $375-$400 million, versus the consensus of $41.80 million.
CytRx Corporation (Nasdaq: CYTR) 13.1% HIGHER; reports its tumor-targeting pro-drug candidate INNO-206 has been approved for orphan drug designation for the treatment of patients with pancreatic cancer by the Office of Orphan Products Development of the U.S. FDA. CytRx holds the exclusive worldwide development and commercialization rights to INNO-206.
SurModics Inc. (NASDAQ: SRDX) 12.9% HIGHER; reported Q2 EPS of $0.08, $0.08 better than the analyst estimate of $0.00. Revenue for the quarter came in at $17.5 million versus the consensus estimate of $14.82 million. Increases FY2011 EPS to $0.13-$0.26, versus the consensus of $0.05. Also increases FY2011 revenue to $63-$68 million, versus the consensus of $60.01 million.
Pacer International (Nasdaq: PACR) 12.6% HIGHER; reported Q1 EPS of $0.06, $0.04 better than the analyst estimate of $0.02. Revenue for the quarter came in at $358.4 million versus the consensus estimate of $374.63 million.
Ferro Corp.0 (NYSE: FOE) 12.4% LOWER; reported Q1 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $573 million versus the consensus estimate of $538.34 million. Raises its FY11 sales guidance from $2.23-$2.30 billion to $2.3-$2.35 billion, which compares to the Street estimate of $2.27 billion.
Longtop Financial Technologies Limited (NYSE: LFT) 11.7% HIGHER; reports that it has increased its stock buyback by $50 million for a total of $100 million. In addition, the Company announced that it will host a conference call in response to allegations and rumors in the recent Citron report and related market rumors.
CARBO Ceramics Inc. (NYSE: CRR) 11.6% HIGHER; reported Q1 EPS of $1.30, $0.28 better than the analyst estimate of $1.02. Revenue for the quarter came in at $150.83 million versus the consensus estimate of $129.45 million.
Horizon Lines, Inc. (NYSE: HRZ) 11.6% HIGHER; the Justice Department said it wants the company's price-fixing fine of $45 million cut to $15 million to avoid bankruptcy.
Satcon Technology Corporation (NASDAQ: SATC) 10.7% LOWER; reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $62 million versus the consensus estimate of $63.2 million. The stock was downgraded at Capstone earlier.
Citrix Systems, Inc. (NASDAQ: CTXS) 10% HIGHER; reported Q1 EPS of $0.50, $0.08 better than the analyst estimate of $0.42. Revenue for the quarter came in at $491 million versus the consensus estimate of $475.3 million. Citrix Systems, Inc. sees FY2011 EPS of $2.38-$2.41, versus the consensus of $2.32. Citrix Systems, Inc. sees FY2011 revenue of $2.14-$2.17 billion, versus the consensus of $2.13 billion.
Graco Inc. (NYSE: GGG) 9.9% HIGHER; reported Q1 EPS of $0.61, $0.17 better than the analyst estimate of $0.44. Revenue for the quarter came in at $217.7 million versus the consensus estimate of $192.49 million.
Advance America, Cash Advance Centers Inc. (NYSE: AEA) 9.5% HIGHER; reported Q1 EPS of $0.29, $0.05 better than the analyst estimate of $0.24. Revenue for the quarter came in at $144.1 million versus the consensus estimate of $154.29 million.
Unifi, Inc. (NYSE: UFI) 9.3% LOWER; the company reported Q3 net sales of $178 million, versus $155 million during the same quarter last year. The net loss came in at 20 cents per share, down from a gain of 4 cents during Q3 of last year.
Oshkosh Corporation (NYSE: OSK) 8.5% LOWER; reported Q2 EPS of $0.74, $0.01 better than the analyst estimate of $0.73. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.76 billion.
Hill-Rom Holdings, Inc. (NYSE: HRC) 8% HIGHER; reported Q2 EPS of $0.54, $0.04 better than the analyst estimate of $0.50. Revenue for the quarter came in at $402 million versus the consensus estimate of $377.5 million. Increases FY2011 EPS outlook from $2.18 - $2.26 to $2.26-$2.32, versus the consensus of $2.24.
To get this movers report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
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