After-Hours Movers
ADC (NASDAQ: ADCT) 13.9% LOWER; announced unaudited results for its two-month fourth quarter ended September 30, 2009. As previously announced, ADC changed its fiscal year end to September 30 from October 31. The company reported fourth quarter revenue of $183.9 million and GAAP loss from continuing operations of $19.2 million, or $0.20 per share. The GAAP loss includes certain after-tax charges of $25.5 million. Excluding these charges, the non-GAAP (adjusted) net earnings for the quarter were $6.3 million, or $0.06 per share. The company generated cash from continuing operations of $27.3 million for the two-month quarter and $86.0 million for the 11-month 2009 fiscal year. Net sales for the proforma 2009 fourth quarter totaled $293.6 million, compared to $355.9 million for the fourth quarter of fiscal 2008 and $292.3 million for the third quarter ending June 26, 2009. The year-over-year decline in sales principally ...
Jack in the Box (NASDAQ: JACK) 7.3% LOWER; reports Q4 EPS of $0.70, 15 cents better than the analyst estimate of $0.55. Revenue for the quarter was $540.3 million, which compares to the estimate of $549.49 million. Same Store Sales were down 6%. Sees Q1 comps down 10%, and FY10 comps down 3 - 10%.
Navios Maritime Partners L.P. (NYSE: NMM) 6.7% LOWER; plans to offer 4,000,000 common units representing limited partnership interests in a public offering. Navios Partners expects to grant the underwriters a 30-day option to purchase an additional 600,000 common units to cover over-allotments, if any.
Affymax, Inc. (Nasdaq: AFFY) 6.4% LOWER; today announced that it intends to offer, subject to market and other conditions, shares of its common stock in an underwritten public offering. Affymax expects to grant the underwriters a thirty-day option to purchase additional shares of common stock to cover overallotments ...
LDK Solar Co., Ltd. (NYSE: LDK) 12.1% HIGHER; has entered into an agreement to sell a 15% ownership stake in its 15,000 metric ton (MT) annualized capacity polysilicon plant in Xinyu City, China. Jiangxi International Trust and Investment Co., Ltd. has agreed to purchase this interest for approximately RMB1.5 billion (equivalent to approximately US$219 million).
Autodesk, Inc. (NASDAQ: ADSK) 10.4% LOWER; reports Q3 EPS of $0.27, 4 cents better than the analyst estimate of $0.23. Revenue for the quarter was $417 million, which compares to the estimate of $415.33 million. Autodesk sees Q4 EPS of $0.19-$0.24, versus the consensus ...
ZOOM Technologies Inc. (Nasdaq: ZOOM) 41.8% HIGHER; reports Q3 EPS of $0.73 and revenue for the quarter was $55.3 million. Sees FY sales of $185-$195 millio
Pacific Sunwear of California, Inc. (NASDAQ: PSUN) 21.1% LOWER; reports Q3 loss of $0.17, 3 cents better than the analyst estimate of ($0.20). Revenue for the quarter was $268 million, which compares to the estimate of $260.08 million. SSS down 18%. Loss Q4 loss of $0.28-$0.35, versus the consensus of a $0.11 loss.
The Allied Defense Group, Inc. (NYSE: ADG) 14% LOWER; reports Q3 loss of $0.39, versus a loss of $0.77 in the same quarter last year. Revenue for the quarter was $36.2 million, which compares to the estimate of $37.91 million.
Spreadtrum Communications (NASDAQ: SPRD) 13.3% HIGHER; reports Q3 EPS of $0.06, ex-items, versus the analyst estimate of ($0.07). Revenue ...
Image Entertainment, Inc. (NASDAQ: DISK) 37.7% LOWER; reports Q3 loss of $0.07, compared to ($0.02) in the same quarter last year. Revenue for the quarter was $29.84 million, versus $32.39 million in Q308.
Telestone Technologies Corp. (NASDAQ: TSTC) 29% HIGHER; reports Q3 EPS of $0.41, compared to $0.11 in the same quarter last year. Revenue for the quarter was $18.9 million, versus $8.4 million in Q308.
MDRNA, Inc. (Nasdaq: MRNA) 13.8% LOWER; reports Q3 loss of $0.17, compared to a loss $0.52 in the same quarter last year. Revenue for the quarter was $100,000, versus $400,000 in Q308.
Lime Energy Co. (NYSE: LIME) 13.4% LOWER; reports Q3 EPS of $0.26, compared to ($0.36) reported for the same quarter last year. Lowers FY10 sales guidance to $71 - $73 million, versus $81.95 million.
Blockbuster Inc. (NYSE: BBI) 11% LOWER ...
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After-Hours Movers 11/11: COMS, JMBA, GRRF, CTRP, UBET Higher; GMCR, PDC, BZ, ONTY, BRCD, TTEK Lower
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