Morning Movers 11/05: WRLS, IGOI, UEIC, TTMI, ADUS, GNMK, IDSY, IRF Higher; CO, DXCM, INSP, CCIX, MFLX, SEM, SD Lower
Telular Corp. (Nasdaq: WRLS) 46.9% HIGHER; reports Q4 EPS of $0.09, versus $0.09 reported for the same period a year ago. Revenue for the quarter was $11.97 million, compared to $12.25 million in Q309. The company also declared a $1.00 special one-time dividend. Initiates $0.10 per share quarterly dividend, $0.40 annualized.
iGo, Inc. (Nasdaq: IGOI) 30.3% HIGHER; reports Q3 EPS of $0.00, versus $0.01 reported for the same period a year ago. Revenue for the quarter was $12.2 million, compared to $9.7 million in Q309.
China Cord Blood Corporation (NYSE: CO) 30.2% LOWER; prices 8.05 million follow-on common offering at $4.50 per share. 1.05 million shares are being sold by selling shareholders. Gross proceeds are expected to be $31.5 million.
Universal Electronics (Nasdaq: UEIC) 29.7% HIGHER; reports Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter was $79 million, which compares to the estimate of $81.64 million. Sees q4 EPS of $0.43-$0.49, versus the consensus of $0.43. Universal Electronics also acquired China based Enson Assets Limited from CG International Holdings Limited for a net purchase value of approximately $110 million. The stock was also upgraded to Buy at Deutsche Bank.
TTM Tech (Nasdaq: TTMI) 20.7% HIGHER; reports Q3 adjusted EPS of $0.43, versus the analyst estimate of $0.28. Revenue for the quarter was $357.8 million, which compares to the estimate of $350.22 million. Sees Q410 adjusted EPS of $0.35 - $0.42, versus $0.31 consensus. Sees Q410 revs of $351 - $367 million, versus $362 million consensus.
Dexcom (Nasdaq: DXCM) 19.5% LOWER; reports Q3 loss of $0.23, versus the analyst estimate of ($0.18). Revenue for the quarter was $11.7 million, which compares to the estimate of $13.14 million. The stock was also downgraded at CapStone and Global Hunter.
Addus HomeCare (Nasdaq: ADUS) 17.1% HIGHER; reports Q3 EPS of $0.14, 3 cents better than the analyst estimate of $0.11. Revenue for the quarter was $69.84 million, which compares to the estimate of $69.25 million.
InfoSpace Inc. (Nasdaq: INSP) 16.1% LOWER; reports Q3 EPS of $0.00, versus the consensus of $0.03. Revenue for the quarter came in at $61.7 million, compared to the consensus of $62.9 million. Sees Q410 sales of $57 - $60 million, versus $72 million consensus. Sees Q410 loss of $0.03 to EPS of $0.03, versus EPS of $0.06 consensus. The stock was also downgraded at Wedbush this morning.
Coleman Cable (Nasdaq: CCIX) 16.1% LOWER; reports Q3 EPS of $0.21, 3 cents worse than the analyst estimate of $0.24. Revenue for the quarter was $187.6 million, which compares to the estimate of $180.27 million. For the fourth quarter of 2010, the Company is currently estimating diluted Adjusted EPS to be in the range of $0.04 to $0.18 per share. (Consensus is $0.20)
GenMark Diagnostics (Nasdaq: GNMK) 15.4% HIGHER; reports Q3 loss of $0.42, 8 cents better than the analyst estimate of ($0.50).
Multi-Fineline (Nasdaq: MFLX) 14.5% LOWER; reports Q4 EPS of $0.49, 3 cents better than the analyst estimate of $0.46. Revenue for the quarter was $226.7 million, which compares to the estimate of $227.70 million. Sees Q1 sales of $225-$245 million, vs. the cons. of $251.34 million.
I.D. Systems (Nasdaq: IDSY) 13.2% HIGHER; reports Q3 EPS of $0.17, 6 cents better than the analyst estimate of ($0.23). Revenue for the quarter was $6.49 million, which compares to the estimate of $6.22 million. Announces $3 million stock buyback.
Select Medical (NYSE: SEM) 12.8% LOWER; reports Q3 EPS of $0.05, versus the analyst estimate of $0.14. Revenue for the quarter was $588.3 million, which compares to the estimate of $595.38 million. Sees Q4 EPS of $0.14 - $0.17 with sales of $628 - $642 million. Announces $100 million stock buyback.
International Rectifier (NYSE: IRF) 12.7% HIGHER; reports Q1 EPS of $0.42, 7 cents better than the analyst estimate of $0.35. Revenue for the quarter was $280.9 million, which compares to the estimate of $277.71 million. Sees Q2 sales of $275-$285 million, vs. the consensus of $280.2 million.
SandRidge Energy (NYSE: SD) 12.5% LOWER; reports Q3 adj-loss of $0.06, 9 cents lower than the analyst estimate of $0.03. The stock was also downgraded from Buy to Neutral at UBS.
Capital Bank (Nasdaq: CBKN) 12.4% HIGHER; continuing higher today following a 52% surge yesterday amid news that North American Financial has bought an 85% stake in the bank. The total purchase price was $181 million.
Atmel (Nasdaq: ATML) 12% HIGHER; reports Q3 EPS of $0.18, 6 cents better than the analyst estimate of $0.12. Revenue for the quarter was $444.3 million, which compares to the estimate of $427.55 million.
Red Robin Gourmet (Nasdaq: RRGB) 11.9% LOWER; reports Q3 EPS of $0.11, 13 cents better than the analyst estimate of $0.24. Revenue for the quarter was $191.6 million, which compares to the estimate of $195.85 million. Sees FY same store sales down. Suspending full-year forecast. The stock was also downgraded at KeyBanc.
Adept Technology Inc. (Nasdaq: ADEP) 11.4% LOWER; reports Q1 loss of $0.12, 11 cents lower than the consensus of ($0.01). Revenue for the quarter came in at $14.61 million, compared to the consensus of $14.15 million.
Clearwire (Nasdaq: CLWR) 11.2% LOWER; reports Q3 loss of $0.58, 3 cents better than the analyst estimate of ($0.61). Revenue for the quarter was $147 million, which compares to the estimate of $158.44 million. Net subscriber additions of 1.23 million. The stock was downgraded at Kaufman and RBC this morning.
Jazz Pharma (Nasdaq: JAZZ) 11.1% HIGHER; reports Q3 EPS of $0.41, 7 cents better than the analyst estimate of $0.34. Revenue for the quarter was $44.8 million, which compares to the estimate of $42.63 million. Sees FY EPS of $145-$1.50, versus the consensus of $1.15. Sees FY10 sales of $164-$168M, versus the consensus of $161.7 million.
Rosetta Resources, Inc. (Nasdaq: ROSE) 10.9% HIGHER; reports Q3 EPS of $0.17, 1 cent better than the consensus of $0.16. Revenue for the quarter came in at $80.3 million, compared to the consensus of $79.89 million.
TeleComm Sys (Nasdaq: TSYS) 10.9% LOWER; reports Q3 EPS of $0.08, in line with the analyst estimate of $0.08. Revenue for the quarter was $102.9 million, which compares to the estimate of $102.56 million.
bebe stores (Nasdaq: BEBE) 10.3% HIGHER; reports Q1 loss of $0.01, inline with the consensus of ($0.01). Revenue for the quarter came in at $117.9 million, compared to the consensus of $114.80 million. Sees Q2 EPS of 2-6c, vs. the consensus of 6c. Sales are expected to be flat to up in the low-single digit range. The stock was also upgraded at Janney Capital.
Immersion Corporation (Nasdaq: IMMR) 10.3% LOWER; reports Q3 loss of $0.04, 3 cents better than the consensus of ($0.07). Revenue for the quarter came in at $6.5 million, compared to the consensus of $6.46 million.
Bank of Ireland (NYSE: IRE) 10% LOWER; announced the consolidation of the bank's business support activities in Northern Ireland and Great Britain. The company said the move directly affects about 270 jobs.
To get this report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
iGo, Inc. (Nasdaq: IGOI) 30.3% HIGHER; reports Q3 EPS of $0.00, versus $0.01 reported for the same period a year ago. Revenue for the quarter was $12.2 million, compared to $9.7 million in Q309.
China Cord Blood Corporation (NYSE: CO) 30.2% LOWER; prices 8.05 million follow-on common offering at $4.50 per share. 1.05 million shares are being sold by selling shareholders. Gross proceeds are expected to be $31.5 million.
Universal Electronics (Nasdaq: UEIC) 29.7% HIGHER; reports Q3 EPS of $0.34, in-line with the analyst estimate of $0.34. Revenue for the quarter was $79 million, which compares to the estimate of $81.64 million. Sees q4 EPS of $0.43-$0.49, versus the consensus of $0.43. Universal Electronics also acquired China based Enson Assets Limited from CG International Holdings Limited for a net purchase value of approximately $110 million. The stock was also upgraded to Buy at Deutsche Bank.
TTM Tech (Nasdaq: TTMI) 20.7% HIGHER; reports Q3 adjusted EPS of $0.43, versus the analyst estimate of $0.28. Revenue for the quarter was $357.8 million, which compares to the estimate of $350.22 million. Sees Q410 adjusted EPS of $0.35 - $0.42, versus $0.31 consensus. Sees Q410 revs of $351 - $367 million, versus $362 million consensus.
Dexcom (Nasdaq: DXCM) 19.5% LOWER; reports Q3 loss of $0.23, versus the analyst estimate of ($0.18). Revenue for the quarter was $11.7 million, which compares to the estimate of $13.14 million. The stock was also downgraded at CapStone and Global Hunter.
Addus HomeCare (Nasdaq: ADUS) 17.1% HIGHER; reports Q3 EPS of $0.14, 3 cents better than the analyst estimate of $0.11. Revenue for the quarter was $69.84 million, which compares to the estimate of $69.25 million.
InfoSpace Inc. (Nasdaq: INSP) 16.1% LOWER; reports Q3 EPS of $0.00, versus the consensus of $0.03. Revenue for the quarter came in at $61.7 million, compared to the consensus of $62.9 million. Sees Q410 sales of $57 - $60 million, versus $72 million consensus. Sees Q410 loss of $0.03 to EPS of $0.03, versus EPS of $0.06 consensus. The stock was also downgraded at Wedbush this morning.
Coleman Cable (Nasdaq: CCIX) 16.1% LOWER; reports Q3 EPS of $0.21, 3 cents worse than the analyst estimate of $0.24. Revenue for the quarter was $187.6 million, which compares to the estimate of $180.27 million. For the fourth quarter of 2010, the Company is currently estimating diluted Adjusted EPS to be in the range of $0.04 to $0.18 per share. (Consensus is $0.20)
GenMark Diagnostics (Nasdaq: GNMK) 15.4% HIGHER; reports Q3 loss of $0.42, 8 cents better than the analyst estimate of ($0.50).
Multi-Fineline (Nasdaq: MFLX) 14.5% LOWER; reports Q4 EPS of $0.49, 3 cents better than the analyst estimate of $0.46. Revenue for the quarter was $226.7 million, which compares to the estimate of $227.70 million. Sees Q1 sales of $225-$245 million, vs. the cons. of $251.34 million.
I.D. Systems (Nasdaq: IDSY) 13.2% HIGHER; reports Q3 EPS of $0.17, 6 cents better than the analyst estimate of ($0.23). Revenue for the quarter was $6.49 million, which compares to the estimate of $6.22 million. Announces $3 million stock buyback.
Select Medical (NYSE: SEM) 12.8% LOWER; reports Q3 EPS of $0.05, versus the analyst estimate of $0.14. Revenue for the quarter was $588.3 million, which compares to the estimate of $595.38 million. Sees Q4 EPS of $0.14 - $0.17 with sales of $628 - $642 million. Announces $100 million stock buyback.
International Rectifier (NYSE: IRF) 12.7% HIGHER; reports Q1 EPS of $0.42, 7 cents better than the analyst estimate of $0.35. Revenue for the quarter was $280.9 million, which compares to the estimate of $277.71 million. Sees Q2 sales of $275-$285 million, vs. the consensus of $280.2 million.
SandRidge Energy (NYSE: SD) 12.5% LOWER; reports Q3 adj-loss of $0.06, 9 cents lower than the analyst estimate of $0.03. The stock was also downgraded from Buy to Neutral at UBS.
Capital Bank (Nasdaq: CBKN) 12.4% HIGHER; continuing higher today following a 52% surge yesterday amid news that North American Financial has bought an 85% stake in the bank. The total purchase price was $181 million.
Atmel (Nasdaq: ATML) 12% HIGHER; reports Q3 EPS of $0.18, 6 cents better than the analyst estimate of $0.12. Revenue for the quarter was $444.3 million, which compares to the estimate of $427.55 million.
Red Robin Gourmet (Nasdaq: RRGB) 11.9% LOWER; reports Q3 EPS of $0.11, 13 cents better than the analyst estimate of $0.24. Revenue for the quarter was $191.6 million, which compares to the estimate of $195.85 million. Sees FY same store sales down. Suspending full-year forecast. The stock was also downgraded at KeyBanc.
Adept Technology Inc. (Nasdaq: ADEP) 11.4% LOWER; reports Q1 loss of $0.12, 11 cents lower than the consensus of ($0.01). Revenue for the quarter came in at $14.61 million, compared to the consensus of $14.15 million.
Clearwire (Nasdaq: CLWR) 11.2% LOWER; reports Q3 loss of $0.58, 3 cents better than the analyst estimate of ($0.61). Revenue for the quarter was $147 million, which compares to the estimate of $158.44 million. Net subscriber additions of 1.23 million. The stock was downgraded at Kaufman and RBC this morning.
Jazz Pharma (Nasdaq: JAZZ) 11.1% HIGHER; reports Q3 EPS of $0.41, 7 cents better than the analyst estimate of $0.34. Revenue for the quarter was $44.8 million, which compares to the estimate of $42.63 million. Sees FY EPS of $145-$1.50, versus the consensus of $1.15. Sees FY10 sales of $164-$168M, versus the consensus of $161.7 million.
Rosetta Resources, Inc. (Nasdaq: ROSE) 10.9% HIGHER; reports Q3 EPS of $0.17, 1 cent better than the consensus of $0.16. Revenue for the quarter came in at $80.3 million, compared to the consensus of $79.89 million.
TeleComm Sys (Nasdaq: TSYS) 10.9% LOWER; reports Q3 EPS of $0.08, in line with the analyst estimate of $0.08. Revenue for the quarter was $102.9 million, which compares to the estimate of $102.56 million.
bebe stores (Nasdaq: BEBE) 10.3% HIGHER; reports Q1 loss of $0.01, inline with the consensus of ($0.01). Revenue for the quarter came in at $117.9 million, compared to the consensus of $114.80 million. Sees Q2 EPS of 2-6c, vs. the consensus of 6c. Sales are expected to be flat to up in the low-single digit range. The stock was also upgraded at Janney Capital.
Immersion Corporation (Nasdaq: IMMR) 10.3% LOWER; reports Q3 loss of $0.04, 3 cents better than the consensus of ($0.07). Revenue for the quarter came in at $6.5 million, compared to the consensus of $6.46 million.
Bank of Ireland (NYSE: IRE) 10% LOWER; announced the consolidation of the bank's business support activities in Northern Ireland and Great Britain. The company said the move directly affects about 270 jobs.
To get this report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
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