Pre-Open Movers 8/31: (FFN) (SPLK) (OVTI) Higher; (GMAN) (ZUMZ) (FB) Lower (more...)

August 31, 2012 9:27 AM EDT Send to a Friend
FriendFinder Networks Inc. (NASDAQ: FFN) 17% HIGHER ; clarifies "inaccurate" Bloomberg report.

Splunk (NASDAQ: SPLK) 15% HIGHER ; reported Q2 EPS of ($0.01), $0.03 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $44.5 million versus the consensus estimate of $39.84 million. Splunk sees Q3 2013 revenue of $45-47 million, versus the consensus of $44.66 million. Non-GAAP operating margin is expected to be between negative 4% and negative 5%. Splunk sees FY2013 revenue of $183-186 million, versus prior guidance of $174-177 million and the consensus of $178.3 million. Non-GAAP operating margin is expected to be between negative 2% and negative 3% (was previously negative 4% to negative 5% as of May 31, 2012).

TeleCommunication Systems (NASDAQ: TSYS) 14% HIGHER ; JPMorgan upgraded from Neutral to Overweight.

Gordmans Stores, Inc. (NASDAQ: GMAN) 13% LOWER ; reported Q2 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $128.2 million versus the consensus estimate of $131.2 million. Comparable store sales increased 0.1%. Gordmans Stores, Inc. sees FY2012 EPS of $1.46-1.51, versus the consensus of $1.51. Gordmans Stores, Inc. sees FY2012 revenue of $624-628 million, versus the consensus of $634.0 million.

Omnivision Technologies, Inc. (NASDAQ: OVTI) 11% HIGHER ; reported Q1 EPS of $0.21, $0.01 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $258.1 million versus the consensus estimate of $243.77 million. Sees Q2 2013 EPS of $0.21-0.37, versus the consensus of $0.28. Omnivision Technologies sees Q2 2013 revenue of $355-390 million. The consensus sees Q213 revs of $219.20 million.

Zumiez, Inc. (NASDAQ: ZUMZ) 10% LOWER ; reported Q2 EPS of $0.07, or $0.17 ex-items, versus analyst estimate of $0.13. Revenue for the quarter came in at $135.1 million versus the consensus estimate of $135.52 million. Comparable store sales for the second quarter of fiscal 2012 increased 9.5% on top of a comparable store sales increase of 7.5% in the second quarter of fiscal 2011. Zumiez sees Q3 sales of $181-$185 million, versus the consensus of $183.8 million. Zumiez, Inc. sees Q3 2012 EPS of $0.42-0.45, or $0.51-$0.54 ex-items, versus the consensus of $0.56.

StemCells Inc. (NASDAQ: STEM) 7% HIGHER ; to Announce Interim Data on Spinal Cord Injury Trial at the 2012 Annual Scientific Meeting of the International Spinal Cord Society on Monday, September 3.

Science Applications International Corp (NYSE: SAI) 7% HIGHER ; said the board has authorized management to pursue a plan to separate into two independent, publicly traded companies

Corning (NYSE: GLW) 3% HIGHER ; Oppenheimer upgraded from Perform to Outperform with a $16 price target.

Facebook, Inc. (NASDAQ: FB) 3% LOWER ; Two analysts cut price targets

Esterline Technologies Corp. (NYSE: ESL) 1% HIGHER ; reported Q3 EPS of $1.12, $0.01 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $485.9 million versus the consensus estimate of $488 million. Esterline Technologies Corp. sees FY2012 EPS of $4.90-5, versus the consensus of $4.92. Esterline Technologies Corp. sees FY2012 revenue of $1.95-2 billion, versus the consensus of $1.99 billion.

SIRIUS XM Radio Inc. (NASDAQ: SIRI) 1% LOWER ; CEO, Mel Karmazin, has adopted a trading plan for SiriusXM common stock in accordance with Rule 10b5-1 to sell up to 30M shares.


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