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Morning Movers 08/10: (PEGA) (BLTI) (TAT) (CREE) Higher; (ANX) (PRMW) (MOTR) (EPOC) Lower

August 10, 2011 11:23 AM EDT
ADVENTRX Pharmaceuticals, Inc. (AMEX: ANX) 59.6% LOWER; is getting pummeled today, following receipt of a complete response letter from the U.S. Food and Drug Administration (FDA) regarding the Company's New Drug Application (NDA) for Exelbine (vinorelbine injectable emulsion) for the treatment of non-small cell lung cancer.

Primo Water Corporation (NASDAQ: PRMW) 55% LOWER; reported Q2 EPS of ($0.01), $0.06 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $20.7 million versus the consensus estimate of $25.17 million. Sees Q3 2011 EPS of $-0.06-$-0.03, versus the consensus of $0.07. Sees Q3 2011 revenue of $24-$26 million, versus the consensus of $36.09 million. Sees FY2012 EPS of $0.63-$0.72, versus the consensus of $0.23. Sees FY2011 revenue of $177-$187 million, versus the consensus of $115.81 million.

MOTRICITY, Inc. (NASDAQ: MOTR) 53.6% LOWER; reported Q2 EPS of $0.04, $0.05 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $34.6 million versus the consensus estimate of $37.08 million. Sees Q3 2011 revenue of $31.5-$32.5 million, versus the consensus of $45.48 million.

Epocrates, Inc. (NASDAQ: EPOC) 48.4% LOWER; reported Q2 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $27.9 million versus the consensus estimate of $29.59 million. Sees FY2011 EPS of $0.01-$0.10, versus the consensus of $0.09. Sees FY2011 revenue of $115-$120 million, versus prior guidance of $122-$125 million and the consensus of $123 million.

IntraLinks Holdings (NYSE: IL) 43% LOWER; reported Q2 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $53.3 million versus the consensus estimate of $52.16 million. Sees Q3 2011 EPS of $0.11-$0.13, versus the consensus of $0.14. Sees Q3 2011 revenue of $54-$56 million, versus the consensus of $54.92 million. Sees FY2011 EPS of $0.50-$0.57, versus the consensus of $0.52. Sees FY2011 revenue of $215-$225 million, versus the consensus of $217.8 million.

China Information Technology, Inc. (NASDAQ: CNIT) 25.3% LOWER; reported Q2 EPS of $0.11, $0.06 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $27.89 million versus the consensus estimate of $37.76 million. On August 5, 2011, the Board of Directors of the Company resolved to approve Mr. Zhao Zhi Qiang as the Company's Interim Chief Financial Officer effective as of August 5, 2011.

Pegasystems, Inc. (NASDAQ: PEGA) 25.2% HIGHER; reported Q2 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $103.5 million versus the consensus estimate of $101.57 million.

Amtech Systems, Inc. (NASDAQ: ASYS) 23.2% % LOWER; reported Q3 EPS of $0.74, $0.04 better than the analyst estimate of $0.70. Revenue for the quarter came in at $71.9 million versus the consensus estimate of $70.21 million. Reiterates outlook.

Partner Communications (NASDAQ: PTNR) 19.5% LOWER; reported Q2 Net Income of $60 million, down 30 percent from last year. Revenue for the quarter came in at $553 million, up 12.6 percent from last year.

Biolase Technology, Inc. (NASDAQ: BLTI) 19.1% HIGHER; reported Q2 EPS of $0.00, in-line with the analyst estimate of $0.00. Revenue for the quarter came in at $12.08 million versus the consensus estimate of $12.01 million.

TransAtlantic Petroleum Ltd. (NYSE: TAT) 18.3% HIGHER; reports Q2 loss of $0.03, 1 cent better than the analyst estimate of ($0.04). Revenue for the quarter came in at $35.51 million, versus the consensus estimate of $50.65 million. The stock tumbled 26 percent yesterday and is down sharply over the last several weeks.

SatCon Technology Corp (NASDAQ: SATC) 18.2% LOWER; reported Q2 loss of ($0.18), $0.06 worse than the analyst estimate of ($0.12). The stock was downgraded at Ardour.

Inter Parfums, Inc. (NASDAQ: IPAR) 17.7% LOWER; reported Q2 EPS of $0.16, $0.06 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $121.1 million versus the consensus estimate of $121.1 million.

Cree, Inc. (NASDAQ: CREE) 16.2% HIGHER; reported Q4 EPS of $0.24, $0.03 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $243 million versus the consensus estimate of $233.82 million. Sees Q1 2012 revenue of $245-$255 million, versus the consensus of $253 million.

Computer Sciences Corp. (NYSE: CSC) 16.1% LOWER; reported Q1 EPS of $0.89, $0.20 better than the analyst estimate of $0.69. Revenue for the quarter came in at $4.03 billion versus the consensus estimate of $3.99 billion.

Demand Media (NYSE: DMD) 14.3% HIGHER; reported Q2 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue EX-TAC for the quarter came in at $76.6 million versus the consensus estimate of $73.93 million. Sees Q3 2011 revenue of $75-$79 million, versus the consensus of $78 million. Sees FY2011 revenue of $308-$316 million, versus the consensus of $314 million.

Responsys, Inc. (NASDAQ: MKTG) 11.9% HIGHER; reported Q2 EPS of $0.07, $0.04 better than the analyst estimate of $0.03. Revenue for the quarter came in at $33.7 million versus the consensus estimate of $30.5 million. Sees Q3 2011 EPS of $0.03, versus the consensus of $0.03. Sees Q3 2011 revenue of $33.5 million, versus the consensus of $31.2 million. Sees FY2011 EPS of $0.18-$0.19, versus the consensus of $0.15. Sees FY2011 revenue of $131-$132 million, versus the consensus of $126.1 million.

Parexel International Corp (NASDAQ: PRXL) 11.3% HIGHER; reported Q4 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $310.5 million versus the consensus estimate of $305.02 million. Sees Q1 2012 EPS of $0.16-$0.18, versus the consensus of $0.16. Sees Q1 2012 revenue of $312-$322 million, versus the consensus of $316.2 million. Sees FY2012 EPS of $1.05-$1.24, versus prior guidance of $1.05-$1.22 and the consensus of $1.08. Sees FY2012 revenue of $1.355-$1.395 billion, versus prior guidance of $1.34-$1.38 billion and the consensus of $1.35 billion.

EV Energy Partners, L.P. (NASDAQ: EVEP) 10.8% HIGHER; reported Q2 EPS of $1.03, which may not compare to the analyst estimate of $0.58. Revenue for the quarter came in at $69.59 million versus the consensus estimate of $72.46 million.

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