StreetInsider.com After-Hours Movers 09/14
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StreetInsider.com After-Hours Movers:
Cygne Designs Inc. (Nasdaq: CYDS) 25% HIGHER; reports Q2 EPS of $0.09 compared to a loss of $0.03 for the same quarter last year. Net sales for the second quarter of 2006 were $45.1 million, an increase of $41.0 million from $4.1 million in the second quarter of 2005.
California Micro Devices Corp. (Nasdaq: CAMD) 14% HIGHER; raised its financial outlook for the second quarter. The company now expects revenue between $17.0 and $18.0 million compared to its initial guidance of $16.0 to $17.5 million and to $18.5 million a year ago. The consensus is $17.06 million. Sees EPS between $0.04 and $0.05 compared to its initial guidance of $0.02 to $0.04. The consensus is $0.04.
Public Service Enterprise Group Incorporated (NYSE: PEG) 7% LOWER; Public Service Enterprise Group and Exelon Corporation (NYSE: EXC) announced today that Exelon has given PSEG formal notice of termination of the merger agreement announced December 20, 2004, and the companies have agreed to withdraw their application for merger approval, which has been pending before the New Jersey Board of Public Utilities for more than 19 months.
Adobe Systems Inc. (Nasdaq: ADBE) 6.8% HIGHER; reports Q3 EPS of $0.29, 3 cents better than estimates. Revenues came in at $602.2 million versus the consensus of $595.12 million. Sees Q4 EPS of $0.32-$0.34, versus the consensus of $0.32. Sees Q4 revenue of $655-$685 million versus the consensus of $668.6 million.
Tektronix Inc. (NYSE: TEK) 4.3% LOWER; reports Q1 EPS of $0.35, 2 cents better than estimates. Revenue came in at $268.1 million versus the consensus of $263.5 million. Sees Q2 revenue of $270-$280 million versus the consensus of $280 million. Sees Q2 EPS from cont ops of $0.33-$0.37, versus the consensus of $0.37.
Rambus Inc (Nasdaq: RMBS) 2.2% LOWER; received a notice of purported defaults from U.S. Bank National Association for failing to file its June 30 10-Q. The Company believes that it is not in default under the terms of the Indenture.
Cygne Designs Inc. (Nasdaq: CYDS) 25% HIGHER; reports Q2 EPS of $0.09 compared to a loss of $0.03 for the same quarter last year. Net sales for the second quarter of 2006 were $45.1 million, an increase of $41.0 million from $4.1 million in the second quarter of 2005.
California Micro Devices Corp. (Nasdaq: CAMD) 14% HIGHER; raised its financial outlook for the second quarter. The company now expects revenue between $17.0 and $18.0 million compared to its initial guidance of $16.0 to $17.5 million and to $18.5 million a year ago. The consensus is $17.06 million. Sees EPS between $0.04 and $0.05 compared to its initial guidance of $0.02 to $0.04. The consensus is $0.04.
Public Service Enterprise Group Incorporated (NYSE: PEG) 7% LOWER; Public Service Enterprise Group and Exelon Corporation (NYSE: EXC) announced today that Exelon has given PSEG formal notice of termination of the merger agreement announced December 20, 2004, and the companies have agreed to withdraw their application for merger approval, which has been pending before the New Jersey Board of Public Utilities for more than 19 months.
Adobe Systems Inc. (Nasdaq: ADBE) 6.8% HIGHER; reports Q3 EPS of $0.29, 3 cents better than estimates. Revenues came in at $602.2 million versus the consensus of $595.12 million. Sees Q4 EPS of $0.32-$0.34, versus the consensus of $0.32. Sees Q4 revenue of $655-$685 million versus the consensus of $668.6 million.
Tektronix Inc. (NYSE: TEK) 4.3% LOWER; reports Q1 EPS of $0.35, 2 cents better than estimates. Revenue came in at $268.1 million versus the consensus of $263.5 million. Sees Q2 revenue of $270-$280 million versus the consensus of $280 million. Sees Q2 EPS from cont ops of $0.33-$0.37, versus the consensus of $0.37.
Rambus Inc (Nasdaq: RMBS) 2.2% LOWER; received a notice of purported defaults from U.S. Bank National Association for failing to file its June 30 10-Q. The Company believes that it is not in default under the terms of the Indenture.
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