StreetInsider.com After-Hours Movers 03/01
StreetInsider.com After-Hours Movers:
Immersion Corporation, (Nasdaq: IMMR) 27% HIGHER; the company Sony Computer Entertainment announced the companies have agreed to conclude their patent litigation at the U.S. Court of Appeals for the Federal Circuit and have entered into a new business agreement to explore the inclusion of Immersion technology in PlayStation format products. Reports Q4 results
Dendrite International (Nasdaq: DRTE) 11% HIGHER; no news.
Credence (Nasdaq: CMOS) 5% LOWER; reports Q1 EPS of $0.00 vs. consensus of $0.04 - may not be comparable. Revenues were $118.8 million vs. $120.54 million consensus. Sees Q2 EPS revenues between $115-118 million vs. $119.5 million consensus. Sees Q2 EPS between a loss of $0.05-0.06 vs. consensus for a profit of $0.04.
OmniVision (Nasdaq: OVTI) 5% LOWER; reports Q3 EPS of $0.20 (ex-items), 1 cent better than estimates.(0.19) Revenues were $134.4 million vs. $138.66 million consensus. Sees Q4 EPS between a loss of $0.06 and profit of $0.02 vs. consensus of $0.16 profit. Sees Q4 revenues between $100-110 million vs. $130.3 million consensus.
KongZhong (Nasdaq: KONG) 3.5% LOWER; reports Q4 EPS of $0.10 (adjusted $0.12) vs. consensus of $0.08. Revenues were $23.7 million vs. $20.98 million consensus. Sees Q1 revenues between $20-21 million vs. $21.6 million consensus.
Novell (Nasdaq: NOVL) 2.8% LOWER; reports a Q1 loss of $0.01 (ex-items), 2 cents worse than estimates.(0.01) Revenues were $230 million vs. $233.95 million consensus. Sees FY revenues between $945-975 million vs. $964.6 million consensus. Sees FY adjusted income between breakeven and $10 milllion.
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