Unusual 11 Midday Movers 02/08: (GUID) (CALX) (FFN) Higher; (SGI) (CDXS) (ONE) Lower

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GUID Hot Sheet

Guidance Software, Inc. (NASDAQ: GUID) 37.1% HIGHER; reported Q4 EPS of $0.16, $0.07 better than the analyst estimate of $0.09. Revenue for the quarter came in at $29.9 million versus the consensus estimate of $28.31 million. Sees FY2012 EPS of $0.35-$0.42, versus the consensus of $0.29. Sees FY2012 revenue of $126-$131 million, versus the consensus of $113.28 million.

Calix Networks (NYSE: CALX) 27.4% HIGHER; reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $91.6 million versus the consensus estimate of $89.73 million.

Silicon Graphics (NASDAQ: SGI) 23.4% LOWER; reported Q2 EPS of $0.04, $0.21 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $195.2 million versus the consensus estimate of $197.05 million. Sees FY2012 EPS of $0.15-$0.30, versus the consensus of $0.67. Sees FY2012 revenue of $770-$800 million, versus the consensus of $756.29 million.

FriendFinder Networks Inc. (Nasdaq: FFN) 23.8% HIGHER; shares are rising for the second day following reports that Obscene Interactive, the social media division of Obscene Jeans Corp. (OTCBB: OBJE) maybe looking to acquire or enter a joint venture with the company.

Mitek Systems (NASDAQ: MITK) 22.3% HIGHER; reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $3.5 million versus the consensus estimate of $3.5 million.

Avid Technology, Inc. (NASDAQ: AVID) 17.8% HIGHER; reported Q4 EPS of $0.38, $0.22 better than the analyst estimate of $0.16. Revenue for the quarter came in at $185.3 million versus the consensus estimate of $176.97 million.

Agenus (Nasdaq: AGEN) 17.8% HIGHER; after trading very closely to the 200-day SMA through this and last week, the stock is breaking above that technical level today. Shares are over $3 today.

Codexis, Inc. (NASDAQ: CDXS) 16.1% LOWER; reported Q4 EPS of ($0.15), $0.04 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $33.5 million versus the consensus estimate of $32.11 million.

Higher One Holdings (NYSE: ONE) 15.6% LOWER; reported Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenue for the quarter came in at $46.46 million versus the consensus estimate of $51.43 million. Sees Q1 2012 EPS of $0.27-$0.30, versus the consensus of $0.30. Sees Q1 2012 revenue of $58-$62 million, versus the consensus of $65.64 million. Sees FY2012 revenue of $215-$230 million, versus the consensus of $234.17 million. The stock was downgraded at Raymond James.

Opnet Technologies, Inc. (NASDAQ: OPNT) 13.8% LOWER; reported Q3 EPS of $0.26, $0.03 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $46 million versus the consensus estimate of $46.38 million. Sees FY2012 revenue of $173-$177 million, versus the consensus of $176.68 million.

Teekay Tankers Ltd. (NYSE: TNK) 12.5% LOWER; announced today that it has priced its follow-on public offering of 15,000,000 shares of Class A common stock at $4.00 per share. The offering is expected to close on February 13, 2012, subject to customary closing conditions. Teekay Tankers has granted the underwriters a 30-day option to purchase up to an additional 2,250,000 shares to cover any over-allotments.

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