StreetInsider.com After-Hours Movers 08/29

August 29, 2007 6:16 PM EDT
StreetInsider.com After-Hours Movers:

Sigma Designs Inc. (Nasdaq: SIGM) 13.9% HIGHER; reports Q2 adj-EPS of $0.48, versus the consensus of $0.35. Revenues came in at $42.5 million versus the consensus of $39.1 million. Sees more than 20% net revenue growth in Q3.

Coldwater Creek (Nasdaq: CWTR) 13% LOWER; reports Q2 earnings of $0.09 per share, 3 cents worse than estimates. Revenues came in at $253.5 million versus the consensus of $266.4 million.

Jo-Ann Stores Inc. (NYSE: JAS) 5% LOWER; reports Q2 loss of $0.76, versus the consensus of a $0.65 loss. Sees Q2 revenues of $388.5 million versus the consensus of $376.7 million. Sees FY EPS of $0.60-$0.70, versus the consensus of $0.63.

Chico's FAS (NYSE: CHS) 5% LOWER; reports Q2 earnings of $0.22 per share, versus the consensus of $0.26. Revenues came in at $436 million versus the consensus of $448 million. Sees Soma investment hurting 2007 EPS by $0.09 to $0.11 per share. Sees some 'softness' in gross margins continuing in Q3.

Citi Trends (Nasdaq: CTRN) 5% LOWER; reports Q2 EPS of $0.04, $0.07 ex-items, versus the consensus of $0.05. Revenues came in at $96.8 million versus the consensus of $96.8 million. Lowers 2007 forecast. Sees 2007 EPS of $1.40-$1.44, including $0.04 expense, versus the consensus of $1.51.

TiVo Inc. (Nasdaq: TIVO) 4% LOWER; reports Q2 loss of $0.18, versus the consensus of a $0.05 loss (not comparable). Revenues came in at $62.7 million versus the consensus of 458.4 million. Sees Q3 service, tech revenues of $56-$57 million, versus the consensus of $59 million. Sees Q3 net loss of $14-$17 million, and an Adjusted EBITDA loss in the range of $5 million to $8 million.

Memory Pharmaceuticals (Nasdaq: MEMY) 2.7% HIGHER; Starts Dosing in Phase 1 Program, Triggers $2M Milestone Payment

Force Protection (Nasdaq: FRPT) 2.5% HIGHER; announced that it is ahead of its Mine Resistant Ambush Protected (MRAP) production schedule for the month of August.

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