StreetInsider.com Pre-Open Movers 02/09

StreetInsider.com Pre-Open Movers:

Applix (Nasdaq: APLX) 23% HIGHER; Reported Q4 earnings of $0.17 per share, ex-items, 3 cents better than estimates. Revenues came in at $16 million versus the consensus of $14.9 million. The company sees FY07 EPS of $0.46-$0.53 versus the consensu sof $0.51. Sees FY07 revenues of $67-$70 million versus the consensus of $60 million.

Trio-Tech International (AMEX: TRT) 20% HIGHER; For the three months ended December 31, 2006, revenue increased 89% to $14,067,000. Net income from continuing operations for this year's second quarter was $799,000, or $0.25 per diluted share. This compares to a net loss from continuing operations for the second quarter of fiscal 2006 of $446,000, or $0.15 per share.

Mikron Infrared, Inc. (NASDAQ: MIKR) 17% HIGHER; signed a definitive agreement with LumaSense Technologies, Inc. to merge Red Acquisition Corporation, a wholly owned subsidiary of LumaSense, with and into the Company. Under the terms of the merger agreement, the holders of Mikron common stock will receive $11.50 per share in cash.

Silicon Image (Nasdaq: SIMG) 17% HIGHER; reports Q4 adj earnings of $0.21 per share, ex-items, versus the consensus of $0.24. Revenues came in at $87 million versus the consensus of $76.7 million. Sees Q1 revs of $68-72 million versus the consensus of $73.16 million. Sees FY07 revs of $340-360 million versus the consensus of $343.44 million. The company intends, from time to time, as business conditions warrant, to purchase up to $100 million of common stock over the next three years, on the open market.

Zones Inc. (Nasdaq: ZONS) 16% HIGHER; The Company's fourth quarter net income was $3.0 million, or $0.20 per diluted share, compared with net income of $2.0 million, or $0.14 per diluted share, for the same quarter a year ago. Total fourth quarter 2006 net sales were $159.9 million compared to $159.8 million in the fourth quarter of 2005.

Shutterfly, Inc. (Nasdaq: SFLY) 16% HIGHER; reports Q4 adj EPS of $0.49, versus the consensus of $0.38. Revenues came in at $65.7 million. Sees Q1 revs of $23-24 million. Sees 2007 EPS of $160-165 million.

Energy Conversion Devices, Inc. (Nasdaq: ENER) 11% LOWER; reported a second quarter net loss $0.07 per share, versus the consensus of a $0.06 loss. Revenues came in at $22.9 million, versus the consensus of $32.6 million.

Coldwater Creek Inc. (Nasdaq: CWTR) 9% LOWER; guides below

Laidlaw International (NYSE: LI) 8% HIGHER; FirstGroup announces takeover of Laidlaw International for $35.25 per share

Cell Genesys, Inc. (Nasdaq: CEGE) 8% HIGHER; positive BusinessWeek profile

Quiksilver Inc. (NYSE: ZQK) 8% LOWER; revises guidance due to an unseasonably warm winter and poor snow conditions in both the U.S. and in Europe.

Napster Inc. (Nasdaq: NAPS) 6% LOWER; reports Q3 loss of $0.22, versus the consensus of a $0.29 loss. Revenues came in at $28.4 million versus the consensus of $28.06 million. Sees Q4 revenue of $26 million

BMC Software (NYSE: BMC) 6% HIGHER; reports Q3 GAAP EPS of $0.30 (non-GAAP EPS of $0.41) vs. consensus of $0.39. Revenues were $380.3 million vs. consensus of $402.87 million. For the fourth quarter of fiscal 2007, BMC expects revenues to be in the range of $415 million to $435 million and non-GAAP EPS to be in the $0.36 to $0.40 range. (Consensus is $423.48 million and EPS of $0.40). BMC now expects non- GAAP EPS will range between $1.45 and $1.49 for fiscal 2007 vs. consensus of $1.47. The Company reiterates its expectation for fiscal 2007 revenue growth in the mid-single digits. The Company also reiterates its expectation to exceed a non-GAAP operating margin of 20% for the year and anticipates that its non- GAAP operating margin will be 22% for the full year.

Great Wolf Resorts, Inc. (Nasdaq: WOLF) 5% HIGHER; believes that its fourth quarter Adjusted EBITDA was above $7.5 million, thereby exceeding the upper end of the company's previously issued Adjusted EBITDA guidance.


Open Text (Nasdaq: OTEX) 5% HIGHER; Reports Q2 earnings of $0.35 per share, versus the consensus of $0.27. Revenues came in at $163.3 million versus the consensus of $159.1 million.

DivX, Inc. (NASDAQ: DIVX) 4% LOWER; reports Q4 EPS of $0.21 vs. consensus of $0.09. For the first quarter of 2007, revenue is anticipated to be in the range of $17.3 to $19.3 million (no estimate available)

Hansen Natural Corporation (Nasdaq: HANS) 4% HIGHER; Hansen Natural and Anheuser-Busch, Inc. (NYSE: BUD) have concluded an agreement under which Anheuser-Busch, Inc. will manage and coordinate the sales, distribution and merchandising of Monster Energy energy drinks to on-premise retailers including bars, nightclubs and restaurants in territories approved by Hansen. Terms of the agreement were not disclosed.

Ford Motor Co. (NYSE: F) 3.8% HIGHER; Deutsche Bank upgrades to Buy

Mastercard Incorporated (NYSE: MA) 3% HIGHER; reports Q4 EPS of $0.30, $0.31 ex-litigation, versus the consensus of $0.17. Revenues came in at $839 million versus the consensus of $826.9 million. Boosts qtr dividend from $0.09 to $0.15.

GM (NYSE: GM) 2.8% HIGHER; Deutsche Bank upgrades to Buy

Momenta Pharmaceuticals Inc. (Nasdaq: MNTA) 2.3% HIGHER; Sanofi-Aventis (NYSE: SNY) lost a a Lovenox patent lawsuit against Teva Pharmaceutical (Nasdaq: TEVA) and Amphastar

Panera Bread (Nasdaq: PNRA) 2% LOWER; reports Q4 earnings of $0.62 per share, ex-items, 1 cent worse than estimates. Revenues came in at $232.9 million versus the consensus of $231.3 million. Sees Q1 EPS of $0.47-0.50 versus the consensus of $0.53. Sees FY07 EPS of $2.26-$2.34 versus the consensus of $2.30.

Lear Corp. (NYSE: LEA) INDICATED LOWER; in deal to be acquired for $36 per share by Icahn affiliate. NOTE: Stock closed at $40.07 Thursday. May solicit alternative offers.

You May Also Be Interested In

• BofA maintains underperform ratings on six BDC stocks
• UBS says bull market has further to run
• Why this strategist thinks longer-term outlook for stocks is "unfavorable"