StreetInsider.com After-Hours Movers 12/05
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StreetInsider.com After-Hours Movers:
Versant Corporation (Nasdaq: VSNT) 21.6% HIGHER; announced its financial results for the fourth fiscal quarter. For the quarter, Versant reported revenues of $4.6 million from its continuing operations, compared to $3.8 million for the comparable period last year, representing an increase of approximately 21%. Net income for the quarter was $1.4 million and diluted net income per share was $0.38, compared to net income of $0.5 million and net income per share of $0.14 for the comparable period last year.
InterDigital Communications Corporation (NASDAQ: IDCC) 11% LOWER; expects total fourth quarter 2006 revenue to be in the range of approximately $62 million to $63 million. CEO Richard Fagan said, "The level of recurring patent licensing royalties revenues for fourth quarter 2006 reflects the adverse impact on some of our licensees of delays in 3G handset purchases during third quarter 2006(1) in Japan as customers awaited the launch of both mobile number portability(2) and several new handset model introductions."
Optium Corporation (NASDAQ: OPTM) 9% HIGHER; reports Q1 GAAP EPS of $0.13 (non-GAAP EPS was $0.15) vs. consensus of $0.12. The Company expects second quarter revenues of $32 to $34 million. GAAP earnings for the second quarter are expected to be $0.12 to $0.14 per diluted share. Excluding expected pre-tax stock-based compensation charges of approximately $300,000 and duplicate facility costs of approximately $250,000, non-GAAP earnings for the second quarter are expected to be $0.14 to $0.16 per diluted share. Current Q2 EPS consensus is $0.12.
Wind River Systems (Nasdaq: WIND) 9% LOWER; reports preliminary Q3 revenues of $70.6 million vs. $74.82 million consensus. For Q4 Fiscal Year 2007, Wind River expects: Revenues to be between $74 million and $75 million. Current Q4 revenue consensus is $80.82 million. Reported revenue plus the sequential change in deferred revenue from Q3 FY07 to exceed $88 million.
Novell Inc. (Nasdaq: NOVL) 7.7% LOWER; reports preliminary Q4 EPS of $0.05, ex-items, 1 cent better than estimates. Revenues came in at $245 million versus the consensus of $251.4 million. Sees FY07 revenues of $945-$975 million versus the consensus of $1 billion. For FY07, on a non-GAAP basis, adjusted income from operations is expected to be between breakeven and $10 million. For FY08 Novell is targeting fourth fiscal quarter 2008 exit rate operating margins of between 12 and 15 percent.
Indevus Pharmaceuticals, Inc. (Nasdaq: IDEV) 3.3% HIGHER; Indevus will out-license the worldwide rights to aminocandin to Novexel.
Versant Corporation (Nasdaq: VSNT) 21.6% HIGHER; announced its financial results for the fourth fiscal quarter. For the quarter, Versant reported revenues of $4.6 million from its continuing operations, compared to $3.8 million for the comparable period last year, representing an increase of approximately 21%. Net income for the quarter was $1.4 million and diluted net income per share was $0.38, compared to net income of $0.5 million and net income per share of $0.14 for the comparable period last year.
InterDigital Communications Corporation (NASDAQ: IDCC) 11% LOWER; expects total fourth quarter 2006 revenue to be in the range of approximately $62 million to $63 million. CEO Richard Fagan said, "The level of recurring patent licensing royalties revenues for fourth quarter 2006 reflects the adverse impact on some of our licensees of delays in 3G handset purchases during third quarter 2006(1) in Japan as customers awaited the launch of both mobile number portability(2) and several new handset model introductions."
Optium Corporation (NASDAQ: OPTM) 9% HIGHER; reports Q1 GAAP EPS of $0.13 (non-GAAP EPS was $0.15) vs. consensus of $0.12. The Company expects second quarter revenues of $32 to $34 million. GAAP earnings for the second quarter are expected to be $0.12 to $0.14 per diluted share. Excluding expected pre-tax stock-based compensation charges of approximately $300,000 and duplicate facility costs of approximately $250,000, non-GAAP earnings for the second quarter are expected to be $0.14 to $0.16 per diluted share. Current Q2 EPS consensus is $0.12.
Wind River Systems (Nasdaq: WIND) 9% LOWER; reports preliminary Q3 revenues of $70.6 million vs. $74.82 million consensus. For Q4 Fiscal Year 2007, Wind River expects: Revenues to be between $74 million and $75 million. Current Q4 revenue consensus is $80.82 million. Reported revenue plus the sequential change in deferred revenue from Q3 FY07 to exceed $88 million.
Novell Inc. (Nasdaq: NOVL) 7.7% LOWER; reports preliminary Q4 EPS of $0.05, ex-items, 1 cent better than estimates. Revenues came in at $245 million versus the consensus of $251.4 million. Sees FY07 revenues of $945-$975 million versus the consensus of $1 billion. For FY07, on a non-GAAP basis, adjusted income from operations is expected to be between breakeven and $10 million. For FY08 Novell is targeting fourth fiscal quarter 2008 exit rate operating margins of between 12 and 15 percent.
Indevus Pharmaceuticals, Inc. (Nasdaq: IDEV) 3.3% HIGHER; Indevus will out-license the worldwide rights to aminocandin to Novexel.
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