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Morning Movers 08/09: (FRP) (NOG) (MTG) (CQP) (MAKO) Higher; (STXS) (ENOC) (AIQ) (HEAT) (LLNW) Lower

August 9, 2011 11:14 AM EDT
Stereotaxis, Inc. (NASDAQ: STXS) 58.5% LOWER; reported Q2 EPS of ($0.18), $0.05 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $11.6 million versus the consensus estimate of $14.96 million. As a result of corporate developments and an uncertain business environment, Stereotaxis announced that it has withdrawn previous financial guidance and temporarily suspended providing financial guidance for 2011 until there is more predictability to the Company's magnetic platform business. The stock was downgraded at Oppenheimer and ThinkEquity.

Fairpoint Communications, Inc. (NASDAQ: FRP) 39% HIGHER; reported Q2 EPS of ($1.06), versus ($0.61) reported last year. Revenue for the quarter came in at $262.6 million, versus $271.6 million reported last year.

EnerNOC, Inc. (NASDAQ: ENOC) 35.4% LOWER; reported Q2 EPS of ($0.31), $0.14 better than the analyst estimate of ($0.45). Revenue for the quarter came in at $58.9 million versus the consensus estimate of $62.26 million. Sees Q3 2011 EPS of $1.68-$1.94, versus the consensus of $1.90. Sees Q3 2011 revenue of $155-$170 million, versus the consensus of $171.03 million. Sees FY2011 EPS of $0.26-$0.82, versus the consensus of $0.30. Sees FY2011 revenue of $280-$300 million, versus the consensus of $308.5 million. The stock was downgraded at KeyBanc, Brean Murray, ThinkEquity, JPMorgan and Ardour Capital.

Northern Oil And Gas (NYSE: NOG) 35.2% HIGHER; reported Q2 EPS of $0.12, $0.07 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $35.5 million versus the consensus estimate of $39.07 million.

Alliance HealthCare Services (NYSE: AIQ) 34.2% LOWER; reported Q2 EPS of ($0.05), $0.05 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $127.8 million versus the consensus estimate of $129.69 million. Sees FY2011 revenue of $475-$495 million, versus prior guidance of $500-$530 million and the consensus of $508.06 million.

SmartHeat, Inc. (NASDAQ: HEAT) 31.5% LOWER; reported Q2 EPS of ($0.17), $0.16 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $7.08 million versus the consensus estimate of $17.1 million.

Limelight Networks (NASDAQ: LLNW) 31.4% LOWER; reported Q2 EPS of ($0.05), $0.02 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $50.5 million versus the consensus estimate of $52.41 million.

SYKES Enterprises, Inc. (NASDAQ: SYKE) 30.6% LOWER; reported Q2 EPS of $0.26, $0.07 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $309.9 million versus the consensus estimate of $307.92 million. Sees Q3 2011 EPS of $0.27-$0.29, versus the consensus of $0.38. Sees Q3 2011 revenue of $300-$305 million, versus the consensus of $308.9 million. Sees FY2011 EPS of $1.19-$1.24, versus the consensus of $1.49.

MGIC (NYSE: MTG) 27.5% HIGHER; insurance sector surging today as it has been beaten down badly over the last 2 weeks. Shares of MGIC fell more than 60 percent in the last three trading sessions.

Cheniere Energy Partners LP (AMEX: CQP) 27.9% HIGHER; traders buying the dip today following a nearly 23 percent yesterday.

MAKO Surgical Corp (NASDAQ: MAKO) 27.2% HIGHER; reported Q2 loss of ($0.24), in-line with the analyst estimate of ($0.24). Revenue for the quarter came in at $18.6 million versus the consensus estimate of $16.07 million.

TransAtlantic Petroleum Ltd. (NYSE: TAT) 26.2% LOWER; reports Q2 loss of $0.06, vs. the analyst estimate of ($0.04). Revenue for the quarter came in at $30.8 million, versus the consensus estimate of $50.65 million.

Radian Group (NYSE: RDN) 25.9% HIGHER; reported July primary new insurance written $1 billion, ending primary delinquent inventory of 110,607. Today's rise however, is likely a "buy the dip" moment: shares of Radian are down nearly 52 percent since Tuesday of last week.

Luminex Corp (NASDAQ: LMNX) 23.5% HIGHER; reported Q2 EPS of $0.11, $0.05 better than the analyst estimate of $0.06. Revenue for the quarter came in at $47.6 million versus the consensus estimate of $40.67 million. Sees FY2011 revenue of $180-$185 million, versus prior guidance of $163-$170 million and the consensus of $170.7 million.

Industrial Services of America (Nasdaq: IDSA) 20.6% LOWER; reported Q2 EPS of $0.05, $0.28 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $65 million versus the consensus estimate of $118.48 million.

DTS, Inc. (Nasdaq: DTSI) 19.3% LOWER; reported Q2 EPS of $0.24, $0.01 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $20.6 million versus the consensus estimate of $21.81 million. Sees FY2011 EPS of $1.30-$1.42, versus the consensus of $1.48. Sees FY2011 revenue of $90-$100 million, versus the consensus of $103.99 million.

UTStarcom, Inc. (NASDAQ: UTSI) 19.1% HIGHER; reported Q2 EPS of $0.07, versus ($0.07) reported last year. Revenue for the quarter came in at $92.55 million, versus $73.17 million reported last year.

Walter Investment Management (NYSE: WAC) 19.1% HIGHER; reports Q2 adj-EPS of $0.21.

Phoenix Companies (NYSE: PNX) 18.8% HIGHER; bouncing following a nearly 22 percent decline yesterday. The stock was upgraded at Raymond James.

Fossil, Inc. (NASDAQ: FOSL) 18.8% LOWER; reported Q2 EPS of $0.80, $0.05 better than the analyst estimate of $0.75. Revenue for the quarter came in at $556.7 million versus the consensus estimate of $536.08 million. Global same-store sales rose 22%.

The Pantry, Inc. (NASDAQ: PTRY) 18.6% LOWER; reported Q3 EPS of $0.93, $0.29 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $2.26 billion versus the consensus estimate of $2.33 billion.

Fuel Systems Solutions, Inc. (NASDAQ: FSYS) 18.4% HIGHER; reported Q2 EPS of $0.19, $0.06 better than the analyst estimate of $0.13. Revenue for the quarter came in at $116.6 million versus the consensus estimate of $92.42 million. Sees FY2011 revenue of $375-$400 million, versus the consensus of $387.38 million.

AOL (NYSE: AOL) 16.9% LOWER; reported Q2 EPS of ($0.11) which may not compare to the analyst estimate of $0.04. Revenue for the quarter came in at $542.2 million versus the consensus estimate of $530.37 million. Total Access subscribers down 21%, monthly churn of 2.2%.

MEMC Electronic Materials Inc. (NYSE: WFR) 16.2% HIGHER; A number of insiders at MEMC disclosed purchaser this morning: CEO Ahmad R. Chatila bought 16,000 shares on 8/5 at $6.15; CFO Mark J. Murphy bought 17,000 shares on 8/5 at $5.66; SVP, Chief Strategy Officer, Stephen O'Rourke bought 37,500 shares on 8/5 at $5.75-$5.80; Director Peter Blackmore bought 17,000 shares on 8/5 at $5.76-$5.78.

Scientific Games Corp (NASDAQ: SGMS) 16% HIGHER; reported Q2 EPS of $0.08, $0.04 better than the analyst estimate of $0.04. Revenue for the quarter came in at $220.2 million versus the consensus estimate of $210.68 million.

Carmike Cinemas, Inc. (NASDAQ: CKEC) 15.6% HIGHER; reported Q2 EPS of $0.47, $0.31 better than the analyst estimate of $0.16. Revenue for the quarter came in at $132.2 million versus the consensus estimate of $133.02 million. The stock was upgraded at Barrington.

Aastrom Biosciences (Nasdaq: ASTM) 14.9% HIGHER; correcting following a 28 percent decline over the last week.

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