Unusual 11 Mid-Day Movers 07/22: (PRKR) (CPHD) (ATHN) Higher; (GENE) (AVID) (ATSG) Lower
ParkerVision (Nasdaq: PRKR) 29.9% HIGHER; shares surged 67 percent yesterday and are continuing higher today, now over the all-important $1 level. As recently as two Monday's ago, PRKR shares closed at 48 cents.
Genetic Technologies Limited (Nasdaq: GENE) 28.7% LOWER; reports completion of a 60 million offering on the Australian Stock Exchange at an issue price of AUD 0.195 per share. The stock was halted for eight trading sessions before beginning again today.
Avid Technology, Inc. (Nasdaq: AVID) 23.5% LOWER; reported Q2 non-GAAP loss of ($0.10), $0.19 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $161.3 million versus the consensus estimate of $170.38 million. The stock was also downgraded at JPMorgan earlier.
Cepheid, Inc. (Nasdaq: CPHD) 22.9% HIGHER; reported Q2 EPS of $0.03, 5 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $67 million versus the consensus estimate of $60.96 million. Non-GAAP loss was 11 cents per share in the quarter. Cepheid sees FY2011 EPS of $0.08-$0.11, versus the consensus of $0.05. The stock was upgraded at both Wedbush and Natixis Bleichroeder this morning.
athenahealth, Inc. (Nasdaq: ATHN) 17.5% HIGHER; reported Q2 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $77.9 million versus the consensus estimate of $75.08 million. Sees FY2011 EPS of $0.70-$0.83, versus the consensus of $0.81. Sees FY2011 revenue of $315-$325 million, versus the consensus of $312.4 million.
Skyworks Solutions, Inc. (Nasdaq: SWKS) 17.5% HIGHER; reported Q3 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $356.1 million versus the consensus estimate of $345.24 million. The company forecasts Q4 EPS of 0.53 vs. the consensus of $0.50. Sales for Q4 are expected to be $400 million vs. the consensus of $369 million.
Advanced Micro Devices, Inc. (NYSE: AMD) 17.0% HIGHER; reported Q2 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.58 billion. The stock was upgraded at Wells Fargo, Canaccord and Raymond James.
Air Transport Services Group, Inc. (Nasdaq: ATSG) 16.3% LOWER; announced its second-largest customer is adopting a new operating model and phasing out two ASTG units. ATSG said capex could be cut by up to $10-$15 million per year.
Ruby Tuesday, Inc. (NYSE: RT) 14.2% LOWER; reported Q4 EPS of $0.25, $0.06 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $352.96 million versus the consensus estimate of $348.82 million. Sees Q111 EPS of $0.03-$0.06, versus the consensus of $0.20. Ruby Tuesday also sees FY2012 EPS of $0.75-$0.85, versus the consensus of $0.97. The stock was also downgraded to Underperform at BofA.
StanCorp Financial Group, Inc. (NYSE: SFG) 13.9% LOWER; reported Q3 adjusted EPS of $0.61, $0.43 worse than the analyst estimate of $1.04. The stock was downgraded at FBR Capital.
RSC Holdings (NYSE: RRR) 12.9% HIGHER; reported Q2 EPS of $0.00, 1 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $367.13 million versus the consensus estimate of $363.97 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Genetic Technologies Limited (Nasdaq: GENE) 28.7% LOWER; reports completion of a 60 million offering on the Australian Stock Exchange at an issue price of AUD 0.195 per share. The stock was halted for eight trading sessions before beginning again today.
Avid Technology, Inc. (Nasdaq: AVID) 23.5% LOWER; reported Q2 non-GAAP loss of ($0.10), $0.19 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $161.3 million versus the consensus estimate of $170.38 million. The stock was also downgraded at JPMorgan earlier.
Cepheid, Inc. (Nasdaq: CPHD) 22.9% HIGHER; reported Q2 EPS of $0.03, 5 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $67 million versus the consensus estimate of $60.96 million. Non-GAAP loss was 11 cents per share in the quarter. Cepheid sees FY2011 EPS of $0.08-$0.11, versus the consensus of $0.05. The stock was upgraded at both Wedbush and Natixis Bleichroeder this morning.
athenahealth, Inc. (Nasdaq: ATHN) 17.5% HIGHER; reported Q2 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $77.9 million versus the consensus estimate of $75.08 million. Sees FY2011 EPS of $0.70-$0.83, versus the consensus of $0.81. Sees FY2011 revenue of $315-$325 million, versus the consensus of $312.4 million.
Skyworks Solutions, Inc. (Nasdaq: SWKS) 17.5% HIGHER; reported Q3 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $356.1 million versus the consensus estimate of $345.24 million. The company forecasts Q4 EPS of 0.53 vs. the consensus of $0.50. Sales for Q4 are expected to be $400 million vs. the consensus of $369 million.
Advanced Micro Devices, Inc. (NYSE: AMD) 17.0% HIGHER; reported Q2 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $1.57 billion versus the consensus estimate of $1.58 billion. The stock was upgraded at Wells Fargo, Canaccord and Raymond James.
Air Transport Services Group, Inc. (Nasdaq: ATSG) 16.3% LOWER; announced its second-largest customer is adopting a new operating model and phasing out two ASTG units. ATSG said capex could be cut by up to $10-$15 million per year.
Ruby Tuesday, Inc. (NYSE: RT) 14.2% LOWER; reported Q4 EPS of $0.25, $0.06 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $352.96 million versus the consensus estimate of $348.82 million. Sees Q111 EPS of $0.03-$0.06, versus the consensus of $0.20. Ruby Tuesday also sees FY2012 EPS of $0.75-$0.85, versus the consensus of $0.97. The stock was also downgraded to Underperform at BofA.
StanCorp Financial Group, Inc. (NYSE: SFG) 13.9% LOWER; reported Q3 adjusted EPS of $0.61, $0.43 worse than the analyst estimate of $1.04. The stock was downgraded at FBR Capital.
RSC Holdings (NYSE: RRR) 12.9% HIGHER; reported Q2 EPS of $0.00, 1 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $367.13 million versus the consensus estimate of $363.97 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
You May Also Be Interested In
Create E-mail Alert Related Categories
Special ReportsRelated Entities
JPMorgan, Raymond James, Bank of America, Natixis Bleichroeder, Unusual 11 Mid-Day Movers, Wells FargoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
