StreetInsider.com Pre-Open Movers 10/25

October 25, 2007 9:35 AM EDT
StreetInsider.com Pre-Open Movers:

Protalix BioTherapeutics, Inc. (AMEX: PLX) 70% LOWER; announced today the pricing of an underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $5.00 per share. The stock closed at $36.06 recently.

Data I/O Corp. (Nasdaq: DAIO) 50% HIGHER; Revenues for the third quarter of 2007 were $7.3 million, an increase of 26% compared with $5.8 million for the second quarter of 2007. Net income for the third quarter of 2007 was $1.6 million, or $0.18 per share, compared with a net income of $47,000 or $0.01 per share for the third quarter of 2006, and compared with a net loss of ($1.1 million), or ($0.13) per share, for the second quarter of 2007

Align Technology (Nasdaq: ALGN) 20% LOWER; reported Q3 EPS of $0.13, 5 cents better than the analyst consensus of $0.08. Revenues for the quarter were $71.5 million, versus the consensus of $71.38 million. Sees 2007 EPS of $0.63-$0.65. Sees 2007 revenues of $281.3-$284 million versus the consensus of $285.7 million.

American Commercial Lines Inc (Nasdaq: ACLI) 19% LOWER; reported Q3 EPS of $0.30, 14 cents worse than the analyst consensus of $0.46. Revenues for the quarter were $258.4 million, versus the consensus of $304.46 million. Full year earnings guidance about 74 cents versus StreetInsider consensus of $1.36.

Compuware Corporation (Nasdaq: CPWR) 19% HIGHER; reported Q3 EPS of $0.17, 7 cents better than the analyst consensus of $0.10. Revenues for the quarter were $302 million, versus the consensus of $286.1 million.

Spartan Motors Inc. (Nasdaq: SPAR) 18.6% LOWER; Misses Q3 views

Heelys, Inc. (Nasdaq: HLYS) 14% LOWER; cuts forecast.

Extreme Networks (Nasdaq: EXTR) 14% HIGHER; reported Q3 EPS of $0.04, 2 cents better than the analyst consensus of $0.02. Revenues for the quarter were $89 million, versus the consensus of $88 million.

FormFactor Inc. (Nasdaq: FORM) 13% LOWER; reported Q3 revenues of $125.3 million, versus the consensus of $125.62 million. No EPS due to review.

Symantec (Nasdaq: SYMC) 12% LOWER; reported Q2 EPS of $0.29, cents better than the analyst consensus of $0.26. Revenues for the quarter were $1.42 billion, versus the consensus of $1.39 billion. Q3 guidance earnings of $0.25-$0.30 versus $0.31. Q3 revenues $1.425-$1.465 billion versus consensus of $1.7 billion.

EMCOR Group Inc (NYSE: EME) 10.2% HIGHER; reported Q3 EPS of $0.55, 8 cents better than the analyst consensus of $0.47. Revenues for the quarter were $1.5 billion, versus the consensus of $1.44 billion.

FreeSeas Inc. (Nasdaq: FREE) 9% LOWER; today announced the pricing of its follow-on offering of 11,000,000 shares of its common stock at a price of $8.25 per share.

NutriSystem (Nasdaq: NTRI) 9% LOWER; reported Q3 EPS of $0.64, 1 cent better than the analyst consensus of $0.63. Revenues for the quarter were $188.3 million, versus the consensus of $188.18 million.

Zimmer Holdings, Inc. (NYSE: ZMH) 9% LOWER; reported Q3 EPS of $0.91, in-line with the analyst consensus of $0.91. Zimmer expects Q4 EPS to be within $1.03 to $1.05, versus the consensus of $1.16.

Cirrus Logic (Nasdaq: CRUS) 9% LOWER; reported Q2 EPS of $0.07, 1 cent lower than the analyst consensus of $0.08. Revenues for the quarter were $47 million, versus the consensus of $48.62 million. Q3 revenues $47-51 million versus $50.7 million.

Affymetrix (Nasdaq: AFFX) 9% LOWER; reported Q3 EPS of $0.12, 6 cents better than the analyst consensus of $0.06. Revenues for the quarter were $95 million, versus the consensus of $92.92 million.

Bunge Limited (NYSE: BG) 8% HIGHER; earnings rose to $351 million, or $2.70 per share, from $169 million, or $1.40 per share, a year earlier. Consensus estimates are $1.77. The company now expects to earn $5.31 to $5.46 per share in 2007, compared with its previous outlook of $4.86 to $5.02. Analysts on average had forecast $4.81, according to Reuters Estimates.

F5 Networks (Nasdaq: FFIV) 8% LOWER; reported Q4 EPS of $0.15, 4 cents better than the analyst consensus of $0.11. Revenues for the quarter were $145.6 million, versus the consensus of $144.07 million. Guidance Q1 EPS $0.20 to $0.21 versus $0.23. Revenues for Q1 $154 to $156 million versus $155.6 million.

NetLogic Microsystems, Inc. (Nasdaq: NETL) 6.6% LOWER; reported Q3 EPS of $0.34, 5 cents better than the analyst consensus of $0.29. Revenues for the quarter were $27.5 million, versus the consensus of $27.06 million

EMC Corp (NYSE: EMC) 6% HIGHER; reports Q3 earnings of $0.17 per share, ex-items, in-line with the consensus of $0.17. Revenues came in at $3.3 billion versus the consensus of $3.19 billion. EMC raises its stock buyback plan from $1 billion to $2 billion. Also, strong earnings from VMW.

TriQuint Semiconductor (Nasdaq: TQNT) 6% HIGHER; reported Q3 adj-EPS of $0.08, 2 cents better than the analyst consensus of $0.06. Revenues for the quarter were $123 million, versus the consensus of $116.75 million. TriQuint expects Q4 EPS to be between $0.07 and $0.09, versus the consensus of $0.09. Sees Q4 revenues in the range of $125 million to $130 million, versus the consensus of $125.3 million.

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) 5% HIGHER; announced that it will explore strategic alternatives for the Company's demo stores and close its One Thousand Steps stores.

Monster Worldwide (Nasdaq: MNST) 5% HIGHER; reported Q3 EPS of $0.35, 2 cents better than the analyst consensus of $0.33. Revenues for the quarter were $337 million, versus the consensus of $336.6 million. Raises buyback by $100 million to $350 million. Revenue guidance for the year is $1.345 to $1.365 billion, consensus is $1.35 billion.

Suntech Power Holdings Co., Ltd. (NYSE: STP) 4% HIGHER; entered into a definitive contract with Asia Silicon Co., Ltd. to purchase high purity polysilicon from Asia Silicon with a total value of up to $1.5 billion over a seven-year period.

Varian Medical Systems, Inc. (NYSE: VAR) 4% HIGHER; reported Q4 EPS of $0.63, 6 cents better than the analyst consensus of $0.57. Revenues for the quarter were $522.4 million, versus the consensus of $509.89 million. Varian expects Q1 EPS to be in the range of $0.39 to $0.40, versus the consensus of $0.42. FY08 EPS are expected to be within $2.04 to $2.06, versus the consensus of $2.05.

Longtop Financial Technologies Limited (NYSE: LFT) 4% HIGHER; Yesterday's IPO is higher after jumping 85% intra-day.

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