17:45 LFG LandAmerica Fin Earnings Color (32.15 -1.3
-Update-
Reuters Estimates is telling us that, excluding a legal accrual charge for two class action lawsuits, incremental severance and lease termination cost and a gain related to proceeds from a lawsuit settlement, an actual of ($0.93) per share is comparable to Reuters estimates of $0.62. See earlier comment at 17:11.
17:42 SIRF SiRF Technology Earnings Call Summary (23.30 ) -Update-
Co. guided Q4 EPS at $0.33 vs $0.26 consensus on $99-102 mln in revs vs 98.34 mln consensus. Saying they now have a strong base of operations in Shanghai with which to address the China market(Centrality acquisition) and reaffirming what they said in a conf a few weeks ago that the integration is going well, still expect it to be accretive in Q1. PND growth continues on a pace that I generate unit growth of ~100% y/y. Noting that interest and demand continue to increase in their wireless products. Noting that RIMM continues to launch new G.P.S. enabled products. Seeing sustained interest from Asian consumer electronics and computing companies. Asia/Pacific revs accounted for 84% of revs while the U.S. was at 9%. Saying they expect to maintain their gross margins in the 54-55% range. Saying they have a good opportunity to maintain their market-share in the short term despite previously commenting that they expect to lose a small amount of share. Saying they don’t know how big the wireless GPS market could do in 2008, “All indications are that the growth is very high. The key question is, is the growth, you know, 100%, 200%, or even higher than those numbers?” Saying that they expect PNDs to constitute about 85% of revs for the next few years. Saying they see a significant portion of handsets containing GPS by the end of 2008 but won’t get more specific. Noting they shipped their first Titan products this qtr and expect it to ramp through Q4 and through next year. Saying they expect multifunctional radio platforms to contribute to revs next year.
17:40 FPIC FPIC Insurance reports Q3 (42.22 -1.85) -Update-
Reports Q3 (Sept) earnings of $0.86 per share, includes charge, may not be comparable to the Reuters Estimates consensus of $0.99.
17:34 RNR prelim $1.85, may not be compareble to $2.28 Reuters consensus; revs $424.8 mln vs $459.45 mln Reuters consensus, $466.03 mln First Call
17:31 XEC Cimarex announces Q3 production volumes and provides operations update (39.10 -0.5
Co announced that Q3 2007 oil and gas production volumes averaged 448.5 mln cubic feet equivalent per day (MMcfe/d), up from 447.5 MMcfe/d in Q3 of 2006. Reflecting positive results from new horizontal oil wells in southeast New Mexico and West Texas, third-quarter oil production grew 12.5% to an average of 20,537 barrels per day. Gas production in the latest quarter averaged 325.2 mln cubic feet per day (MMcf/d) versus 338.0 MMcf/d a year-earlier.
17:30 NVDA NVIDIA announces termination of SEC investigation regarding historical stock option grant practices (34.82 +1.23) -Update-
Co announced that the Securities and Exchange Commission has formally notified NVIDIA that the SEC investigation related to NVDA’s historical stock option grant practices has been terminated. No enforcement action has been recommended.
17:30 MKTIN Market Internals -Update-
The Dow was down 0.56% at 13792, the Nasdaq was down 0.03% to close at 2817, and the S&P was down 0.65% to close at 1531. Leading sectors included: Tires and Rubber +7.6%, Commercial Printing +6.4%, Personal Products +3.1%, Home Entertainment Software +3.0%, Resident REITS +2.2%. Lagging sectors included: Office Services and Supplies -9.6%, Real Estate Management -8.3%, Steel -4.9%, Oil and Gas Drilling -4.1%, Oil and Gas Equip -3.9%. Today’s movement came from lower than avg volume on the NYSE and higher than avg on the Nasdaq (NYSE 1222, vs. 1563 avg, Nasdaq 2176, vs. 2106 avg), with decliners outpacing advancers (NYSE 1255/2059, Nasdaq 1127/1832) with new highs outpacing new lows (NYSE 118/97; Nasdaq 142/138).
17:27 GOOG Google follow-up on WSJ VZ agreement headline at 17:19 (694.77 +15.54) -Update-
WSJ reports after opposing the co’s moves to dramatically reshape the wireless industry, Verizon Wireless (VZ) is now in serious discussions with the Internet co over carrying phones tailored to a new Google operating system, a person familiar with the discussions said. Within two weeks, Google is expected to announce new software and services that handset makers could use to build customized Google-powered phones. The co needs wireless operators to sign onto the project in order to get Google-powered mobile devices in front of consumers by the middle of next year. A Google technology partnership might allow the carrier to offer cheaper phones, since Google’s licensing fees for its software and operating system would likely be lower than the industry standard, the person said.
17:25 GTY Getty Realty misses by $0.08 (28.35 +0.60)
Reports Q3 (Sept) adjusted funds from operations of $0.43 per share, $0.08 worse than the Reuters Estimates consensus of $0.51; revenues rose 12.6% year/year to $20.3 mln.
17:20 USEG U.S. Energy: Ticaboo Townsite sold to Uranium One (5.49 -0.25)
Crested announces the sale of the Ticaboo Townsite to Uranium One for approximately $2.7 mln in cash. The Ticaboo Townsite is located approximately 5 miles from Uranium One’s Shootaring Canyon Uranium Mill in southeastern Utah, which was purchased from U.S. Energy on April 30, 2007. The fully developed Ticaboo Townsite includes commercial operations, a 149-unit mobile home park, a single-family residential subdivision with 98 lots and an RV park. Commercial operations include a 70-unit motel, a restaurant/lounge, convenience store and a boat storage/service facility. Under an agreement with USE, Crested shares 50/50 in the cash flows from Ticaboo and will receive credit for 50% of the $2.7mm proceeds from this sale.
17:19 GOOG Verizon Wireless, Google in talks on Google Phone service - WSJ (694.77 +15.54)
Verizon Wireless would carry phones tailored to Google sys - WSJ
17:18 WYNN Wynn Resorts: Earnings conf call summary (167.90 -5.00) -Update-
As is the co’s practice, it did not provide guidance… Co said Macau experienced unfavorable seasonality in Q3 and an increase in supply, but added Wynn Macau did not suffer from the new supply (Briefing.com note: That was the only notable comment from the co’s prepared comments, which were very short). Added in Q&A that mass floor was down when the Venetian Macau opened, but their VIP is currently “jumping”. In response to MGM comments this morning that its MGM Grand Macau is bigger than its neighbor Wynn Macau, co says their expansion goes into effect between Dec 15-Jan 15, right when MGM opens… Co says not currently looking for land in Macau or Cotai, but “never say never”. Adds already extremely busy with developments in both areas and Las Vegas, and don’t think can do unlimited number of hotels. Wouldn’t do joint venture if it lowered the quality of the brand name. Don’t mind being smaller than competitors… Co says have very healthy relationship with junket operators. Do not feel need to discuss price/commissions with them, as the co view’s itself as a premium niche product… Co says building 1500-2000 villa suite hotels in Cotai. Won’t provide details until finished with budget. (Stock is trading $161.76 after hours)
17:17 AVR Aventine Renewable Energy Earnings Color (10.09 -0.39) -Update-
Reuters Estimates is telling us that, excluding stock based compensation charges, an actual of $0.07 per share is comparable to Reuters estimates of $0.03. See earlier comment at 16:38.
17:15 VNDA Vanda Pharmaceuticals’ VSF-173 excessive sleepiness Phase II clinical trial suggests wake-promoting properties (14.94 -0.46)
Co announced top-line results from the Company’s Proof- of-Concept Phase II clinical trial evaluating VSF-173 in a clinical model of excessive sleepiness. On the primary endpoint which evaluated the effect of the compound on the first four series of MWT tests, VSF-173 demonstrated improvements over placebo. The mean MWT sleep onset scores for the 50 mg, 100 mg and 200 mg, and placebo groups were 10.3, 12.9, 10.6 and 9.2 minutes, respectively. While the pair-wise analysis did not reach statistical significance, this magnitude of effect, ranging from 1.1 to 3.7 minutes, is generally similar to that observed with modafinil in the treatment of patients with narcolepsy.
17:15 ETP Energy Transfer beats by $0.20, misses on revs (54.44 -0.06)
Reports Q4 (Aug) earnings of $0.54 per share, $0.20 better than the Reuters Estimates consensus of $0.34; revenues rose 3.4% year/year to $1.63 bln.
17:11 LFG LandAmerica Fin reports Q3 (Sep) results, misses on revs (32.15 )
Reports Q3 (Sep) loss of $1.28 per share, may not be comparable to the Reuters Estimates consensus of $0.62; revenues fell 8.6% year/year to $906.8 mln vs the $978.4 mln consensus.
17:10 BWLD Buffalo Wild Wings Earnings Color (38.91 -0.5
-Update-
Reuters Estimates is telling us that an actual of GAAP $0.24 per share is comparable to Reuters estimates of $0.26. See earlier comment at 16:21.
17:09 HS Healthspring beats by $0.01, misses on revs; guides FY07 EPS in-line, revs above consensus (20.25 -0.04)
Reports Q3 (Sep) earnings of $0.39 per share, $0.01 better than the Reuters Estimates consensus of $0.38; revenues rose 6.5% year/year to $366.3 mln vs the $372.6 mln consensus. Co issues raises guidance for FY07, sees EPS of $1.45-1.50, excluding $0.05 charge, vs. $1.45 consensus, up from $1.33-1.43; sees FY07 revs of $1.55 bln vs. $1.54 bln consensus.
17:09 LFG prelim ($1.2
vs $0.62 Reuters consensus; revs $906.8 mln vs $978.42 mln Reuters consensus, $912.13 mln First Call
17:07 TZIX TriZetto Group earnings color (15.60 -0.45) -Update-
Reuters Estimates is telling us that adjusting for change in fair value of derivative liabilities, an actual of $0.14 is comparable to their consensus of $0.12. See 16:41 comment for full report.
17:06 ISSI Integrated Silicon beats by $0.03, beats on revs (6.09 +0.01)
Reports Q4 (Sep) earnings of $0.09 per share, $0.03 better than the single estiamte of $0.06; revenues rose 5.7% year/year to $63.3 mln vs the $61.9 mln consensus (2 estimates).
17:06 CYH Correction: Community Health misses by $0.04, misses on revs (30.40 +0.17)
Reports Q3 (Sep) earnings of $0.35 per share, excluding non-recurring items of $0.18, $0.04 worse than the Reuters Estimates consensus of $0.39; revenues rose 110.4% year/year to $2.35 bln vs the $2.43 bln consensus. (Note the original story has been deleted).
17:05 HS raises FY07 EPS $1.45-1.50, excl $0.05 charge, vs $1.45 Reuters consensus; sees revs $1.55 bln vs $1.54 bln Reuters consensus
17:05 FLML Flamel beats by $0.03, misses on revs (11.39 +0.35)
Reports Q3 (Sep) loss of $0.38 per share, $0.03 better than the Reuters Estimates consensus of ($0.41); revenues rose 66.7% year/year to $9 mln vs the $10.2 mln consensus.
17:03 EQR Equity Res beats by $0.02, reports revs in-line; guides Q4 FFO above consensus (39.87 +0.97)
Reports Q3 (Sep) funds from operations of $0.58 per share, $0.02 better than the Reuters Estimates consensus of $0.56; revenues rose 13.9% year/year to $527.5 mln vs the $530.3 mln consensus. Co issues upside guidance for Q4, sees FFO of $0.59-0.62 vs. $0.58 consensus.
17:03 HS prelim $0.39 vs $0.38 Reuters consensus; revs $366.3 mln vs $372.63 mln Reuters consensus, $385.60 mln First Call
17:02 EQR sees Q4 funds from operations of $0.59-0.62 vs $0.58 Reuters consensus
17:02 NMSS NMS Comms beats by $0.03, beats on revs (1.37 -0.12)
Reports Q3 (Sep) net of breakeven, excluding non-recurring items, $0.03 better than the Reuters Estimates consensus of ($0.03); revenues rose 11.5% year/year to $23.2 mln vs the $21.7 mln consensus. Co says, “We currently expect growth in Q4 to be positive on a year-over-year basis and leading to revenue that is up modestly from what was delivered in the recently completed Q3. The timing of revenue recognition in our Mobile Applications business can add an element of variability in quarterly performance. From a profitability perspective, we continue to expect to operate at about break-even on a non-GAAP basis in Q4 based on modest growth in revenues, gross margin levels a bit below the unusually strong performance in Q3, and continued tight expense controls.”
17:01 EQR prelim funds from operations of $0.58 vs $0.56 Reuters consensus; revs $527.50 mln vs $530.26 mln Reuters consensus
17:00 DPZ Domino’s Pizza CFO buys 10K shares at $14.40 (14.68 -0.14)
16:59 NMSS currently expects growth in Q4 to be positive on a year-over-year basis; co continues to expect to operate at about break-even basis in Q4
16:58 NMSS prelim $0.00 vs ($0.03) Reuters consensus; revs $23.2 mln vs $21.66 mln Reuters consensus
16:58 TVL Lin TV reaches deal with MetroCast (14.14 +0.07)
Co announces that it has reached an agreement with MetroCast, a cable provider with approx 36,000 subscribers in Eastern Connecticut, for retransmission of its broadcast stations in both analog and in high-definition.
16:52 SIRF SiRF Technology raising guidance on call for FY07 to revs of $328-331 mln vs $321 mln consensus see Q4 EPS of $0.33 vs $0.24 consensus (23.30 ) -Update-
16:51 XMSR XM Satellite: Glass Lewis recommends stockholders vote ‘FOR’ XM and SIRIUS merger proposal (13.49 -1.6
-Update-
16:48 BRE BRE Properties beats by $0.03, beats on revs; guides FY07 FFO in-line (54.97 +0.49)
Reports Q3 (Sep) funds from operations of $0.67 per share, excluding non-recurring items, $0.03 better than the Reuters Estimates consensus of $0.64; revenues rose 7.6% year/year to $87.8 mln vs the $85.7 mln consensus. Co issues in-line guidance for FY07, sees FFO of $2.59-2.63 vs. $2.61 consensus.
16:47 NEU NewMarket reports 3Q07 EPS of $1.19 vs. $0.69 YoY; revs increased +9.8% from a year ago to $356.9 mln (49.85 +0.07)
16:46 BRE sees FY07 funds from operations of $2.59-2.63 vs $2.61 Reuters consensus, prior guidance $2.59-2.66
16:46 BRE prelim funds from operations of $0.67 vs $0.64 Reuters consensus; revs $87.75 mln vs $85.65 mln Reuters consensus
16:44 UPS UPS: Co’s Board approves an increase in its share repurchase program, authorizing repurchase of up to $2.0 billion in common stock (74.75 -0.35)
This replaces the approx $50 million that remained available under the February 2007 share repurchase authorization of $2.0 billion.
16:41 TZIX TriZetto Group reports Q3 (Sep) results, misses on revs; guides FY07 revs in-line; guides FY08 revs in-line (15.60 -0.45)
Reports Q3 (Sep) earnings of $0.17 per share, includes items, may not be comparable to the Reuters Estimates consensus of $0.12; revenues rose 23.7% year/year to $106.9 mln vs the $111.5 mln consensus. Co issues guidance for FY07, sees EPS of 0.46-0.51, may not be comparable to $0.48 consensus; sees FY07 revs of $445-455 mln vs. $453.44 mln consensus. Co issues in-line guidance for FY08, sees FY08 revs of $480-500 vs. $507.16 mln consensus.
16:40 SNCI Sonic Innovations beats by $0.02, beats on revs (9.51 +0.35)
Reports Q3 (Sep) earnings of $0.02 per share, $0.02 better than the Reuters Estimates consensus of ($0.00); revenues rose 18.9% year/year to $30.8 mln vs the $30.1 mln consensus.
16:40 CCI Crown Castle misses by $0.12, beats on revs; guides Q4 EPS in-line (41.32 +0.25)
Reports Q3 (Sep) loss of $0.26 per share, $0.12 worse than the Reuters Estimates consensus of ($0.14); revenues rose 75.1% year/year to $351.7 mln vs the $347.9 mln consensus. Co issues in-line guidance for Q4, sees EPS of ($0.16)-($0.03) vs. ($0.11) consensus.
16:38 AVR Aventine Renewable Energy reports Q3 (Sep) results, beats on revs (10.09 -0.39)
Reports Q3 (Sep) earnings of $0.07 per share, includes benefit, may not be comparable to the Reuters Estimates consensus of $0.03; revenues fell 8.7% year/year to $360.7 mln vs the $340.7 mln consensus. AVR says, “The Co received air construction permits from both the Indiana Department of Environmental Management and the Nebraska Department of Environmental Quality. Each permit allows for construction of a 226 million gallon fuel-grade ethanol facility at Mt. Vernon, Indiana and Aurora, Nebraska. Construction of the first 113 mln gallon phase at each of these sites has now begun.”
16:37 MPWR Monolithic Power beats by $0.07, beats on revs; guides Q4 revs in-line (23.11 -0.26)
Reports Q3 (Sep) earnings of $0.23 per share, $0.07 better than the Reuters Estimates consensus of $0.16; revenues rose 47.3% year/year to $40.2 mln vs the $38.4 mln consensus. Co issues in-line guidance for Q4, sees Q4 revs of $37-39 mln vs. $38.55 mln consensus.
16:36 GXP Great Plains Engy beats by $0.17; guides FY07 EPS in-line (28.95 +0.15)
Reports Q3 (Sep) earnings of $0.90 per share, $0.17 better than the Reuters Estimates consensus of $0.73. Revenues for Q3 were $416.0 mln, compared to $359.3 mln YoY. Co issues in-line guidance for FY07, sees EPS of $1.60-1.70 vs. $1.68 consensus, compared to $1.60 to $1.75 per share previously.
16:36 CHE Chemed misses by $0.04, misses on revs; guides FY07 EPS in-line
Reports Q3 (Sep) earnings of $0.74 per share, excluding non-recurring items, $0.04 worse than the Reuters Estimates consensus of $0.78; revenues rose 7.4% year/year to $272.5 mln vs the $278.6 mln consensus. Co issues in-line guidance for FY07, sees EPS of $3.10-3.20 vs. $3.13 consensus.
16:35 NAL New Alliance Bcshrs beats by $0.01 (15.00 +1.03)
Reports Q3 (Sep) earnings of $0.13 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of $0.12.
16:34 ISSI prelim $0.09 vs $0.06 Reuters consensus; revs $63.3 mln vs $61.88 mln Reuters consensus
16:34 NANO Nanometrics beats by $0.01, beats on revs (10.95 +0.56)
Reports Q3 (Sep) earnings of $0.18 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of $0.17; revenues rose 32.7% year/year to $38.6 mln vs the $36.4 mln consensus.
16:34 BBND Bigband Networks beats by $0.05, but guides Q4 below consensus; announces restructuring, will retire its Cuda CMTS platform and focus on video (6.63 +0.51)
Reports Q3 (Sep) loss of $0.05 per share, excluding non-recurring items, $0.05 better than the Reuters Estimates consensus of ($0.10); revenues fell 10.5% year/year to $38.6 mln vs the $36.4 mln consensus. Co issues downside guidance for Q4, sees EPS of (0.18)-(0.12), excluding non-recurring items, vs. ($0.07) consensus; sees Q4 revs of $27-33 mln vs. $38.1 mln consensus. Co also announces a restructuring plan designed to significantly increase its efforts on video networking. As part of this plan, the co will reduce its workforce by 15% and retire its Cuda CMTS platform. Also, David Heard has been appointed C.O.O. Heard was previously general manager of product operations. Heard joined BigBand earlier in 2007 after positions at a number of data and telecom companies, including Tekelec, Lucent, AT&T and Somera. Co says “We have decided to focus on our unique core competency — video — and no longer commit resources to the Cuda CMTS platform.”
16:33 LXRX Lexicon Pharma reports Q3 (Sep) results, misses on revs (3.92 -0.0
Reports Q3 (Sep) loss of $0.14 per share, includes benefit of $3.9 mln attributable to the loss from noncontrolling interest in Symphony Icon, may not be comparable to the Reuters Estimates consensus of ($0.16); revenues fell 48.0% year/year to $10.2 mln vs the $11.8 mln consensus.
16:33 KFRC kforce.com reports EPS in-line, revs in-line; guides Q4 EPS in-line, revs below consensus (12.08 -0.16)
Reports Q3 (Sep) earnings of $0.26 per share, in-line with the Reuters Estimates consensus of $0.26; revenues rose 9.8% year/year to $262.1 mln vs the $263.8 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.24-$0.26 vs. $0.26 consensus; sees Q4 revs of $256-$262 vs. $264.04 mln consensus. “Looking forward to the fourth quarter of 2007, we expect revenues to be impacted by the reduction in billing days and anticipated holiday slowdowns which particularly impact our CRS and government businesses. The fourth quarter of 2007 has 61 billing days versus 63 billing days in the third quarter of 2007.”
16:33 DWA Dreamworks Animation beats by $0.03, misses on revs (32.53 +0.42)
Reports Q3 (Sep) earnings of $0.47 per share, $0.03 better than the Reuters Estimates consensus of $0.44; revenues rose 189.2% year/year to $160.8 mln vs the $164.3 mln consensus. Shrek the Third was once again the largest driver of the quarter, contributing approximately $92.1 ml in revenue, primarily from its significant international box-office receipts in the period. To date, the film has reached approximately $793 mln in box office on a worldwide basis, making it the third highest-grossing animated film of all time. Looking ahead, the co reiterated its expectation that revenue for the fourth quarter will be primarily driven by the home video performance of Shrek the Third, which will be released domestically on November 13, 2007. The co’s next theatrical release, Bee Movie, opens domestically on November 2, 2007. As is typical for most of its films’ theatrical releases, the co does not anticipate generating significant revenue in the fourth quarter from this title, as its distributor will likely not have recouped the upfront marketing and distribution costs. Also in the fourth quarter, the co’s first-ever televised holiday special, Shrek the Halls, will debut on ABC on November 28, 2007. The co expressed that this additional product will not have a material financial impact on the fourth quarter.
16:32 SVLF Silverleaf Resorts reports Q3 EPS of $0.22 vs $0.19 single analyst est; revs rose 23.1% YoY to $63.3 mln vs $64.39 mln single analyst est (6.04 +0.06)
Co also reafirms their 2007 guidance of net income between $27.5 -$28.5 mln which represents a 20% to 24% increase over full-year 2006 results. For 2008, the co says it is establishing net income guidance in the range of $32.0 - $33.0 mln. They anticipate their 2008 net income growth to be more heavily weighted in the last three quarters.
16:32 PSEM Pericom Semi beats by $0.03, beats on revs; guides Q2 (Dec) revs in-line (11.76 +0.19)
Reports Q1 (Sep) earnings of $0.15 per share, $0.03 better than the Reuters Estimates consensus of $0.12. Co issues in-line guidance for Q2 (Dec), sees Q2 (Dec) revs of $39.3-$40.8 vs. $35.73 mln consensus.
16:32 MOSY MoSys reports EPS in-line, misses on revs (6.41 -0.24)
Reports Q3 (Sep) loss of $0.02 per share, excluding non-recurring items, in-line with the Reuters Estimates consensus of ($0.02); revenues fell 1.9% year/year to $4 mln vs the $4.5 mln consensus. The Company expects royalty revenue to continue to grow sequentially in the fourth quarter while total revenue is projected to remain flat. Additional financial details regarding the Company’s business outlook will be provided during their conference call
16:32 GXP lowers top end of prior range of FY07 to $1.60-1.75 vs $1.68 Reuters consensus
16:31 AVR prelim $0.07 vs $0.03 Reuters consensus; revs $360.7 mln vs $340.66 mln Reuters consensus
16:31 NCIT NCI beats by $0.04, reports revs in-line; guides Q4 EPS in-line, revs in-line (19.06 +0.06)
Reports Q3 (Sep) earnings of $0.25 per share, $0.04 better than the Reuters Estimates consensus of $0.21; revenues rose 42.2% year/year to $85.2 mln vs the $84.4 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.22-0.25 vs. $0.23 consensus; sees Q4 revs of $79-84 mln vs. $82.22 mln consensus.
16:31 GXP prelim $0.90 vs $0.73 Reuters consensus, $0.72 First Call; revs up 21.2% YoY to $920.0 mln
16:31 MPWR sees Q4 revs $37-39 mln vs $38.55 mln Reuters consensus
16:30 NTG NATCO Group announces Saudi Arabian joint venture agreement (51.63 -1.36)
Co announces that its subsidiary had entered into a joint venture agreement to build, market and sell process equipment and systems and related services with Al-Rushaid Petroleum Investment co, an affiliate of the Al-Rushaid Group Company, a Saudi Arabian enterprise with extensive business operations in the energy services sector.
16:30 MEAD Meade Instruments engages Robert W. Baird & Co. for review of strategic alternatives (1.48 -0.04)
The co announces that it has engaged Robert W. Baird to assist in the co’s previously announced evaluation of strategic alternatives to maximize shareholder value, which may include a sale of the co. Robert W. Baird will serve as financial advisor to the special committee formed by the Board of Directors to conduct a review and develop recommendations for the full Board to consider. The CEO, Steve Muellner said, “… In order to unlock the inherent value of these brands for its shareholders in a timely manner, the Company is pursuing a parallel path and exploring all strategic options…”
16:30 MPWR prelim $0.23 vs $0.16 Reuters consensus; revs $40.2 mln vs $38.44 mln Reuters consensus
16:30 OSUR OraSure Tech reports EPS in-line, revs in-line; guides Q4 EPS in-line, revs below consensus (9.82 -0.22)
Reports Q3 (Sep) net of breakeven, in-line with the Reuters Estimates consensus of ($0.00); revenues rose 21.4% year/year to $21.4 mln vs the $21.2 mln consensus. Co issues mixed guidance for Q4, sees EPS of 0.00-0.05 vs. $0.00 consensus; sees Q4 revs of 19.5-20.0 vs. $21.66 mln consensus.
16:30 ATML Atmel reports EPS in-line, beats on revs; guides Q4 revs in-line (4.92 -0.0
Reports Q3 (Sep) earnings of $0.03 per share, in-line with the Reuters Estimates consensus of $0.03; revenues rose 3.4% year/year to $418.1 mln vs the $413.8 mln consensus. Co issues in-line guidance for Q4, sees Q4 revs flat to up 2%, which equates to ~$418-426 mln vs. $423.40 mln consensus.
16:30 ANSR answerthink beats by $0.02, beats on revs; guides Q4 EPS above consensus, revs below consensus
Reports Q3 (Sep) earnings of $0.07 per share, $0.02 better than the Reuters Estimates consensus of $0.05; revenues rose 7.1% year/year to $46.7 mln vs the $44.9 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.06-0.08 vs. $0.04 consensus; sees Q4 revs of $41.5-43.5 mln vs. $44.84 mln consensus.
16:30 SIRF SiRF Technology beats by $0.07, beats on revs (23.30 -0.63)
Reports Q3 (Sep) earnings of $0.29 per share, excluding non-recurring items, $0.07 better than the Reuters Estimates consensus of $0.22; revenues rose 43.2% year/year to $91.2 mln vs the $85.7 mln consensus.
16:29 RNWK RealNetworks beats by $0.02, beats on revs; guides Q4 EPS in-line, revs below consensus (6.56 -0.02)
Reports Q3 (Sep) earnings of $0.06 per share, $0.02 better than the Reuters Estimates consensus of $0.04; revenues rose 54.9% year/year to $145.1 mln vs the $143.3 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.06-0.07 vs. $0.07 consensus; sees Q4 revs of $152-157 mln vs. $158.41 mln consensus.
16:29 SPSS SPSS Inc beats by $0.05, reports revs in-line; guides Q4 revs below consensus (42.63 +0.59)
Reports Q3 (Sep) earnings of $0.41 per share, $0.05 better than the Reuters Estimates consensus of $0.36; revenues rose 11.7% year/year to $72.3 mln vs the $72.7 mln consensus. Co issues guidance for Q4, sees EPS of $0.34-0.40, includes $0.09 due to R&D facility closures, may not be comparable to $0.44 consensus; sees Q4 revs of $74-76 mln vs. $79.41 mln consensus.
16:28 CYH Community Health misses by $0.22, misses on revs; guides FY08 EPS in-line, revs in-line (30.40 +0.17)
Reports Q3 (Sep) earnings of $0.17 per share, $0.22 worse than the Reuters Estimates consensus of $0.39; revenues rose 110.4% year/year to $2.35 bln vs the $2.43 bln consensus. Co issues in-line guidance for FY08, sees EPS of $2.25-2.45 vs. $2.35 consensus; sees FY08 revs of $11.8-12 bln vs. $11.76 bln consensus.
16:28 NDAQ NASDAQ: Follow-up on 15:53 headline regarding the Philadelphia Exchange (46.08 -0.13) -Update-
WSJ reports the co has emerged as the front-runner to buy the Philadelphia Stock Exchange, the country’s oldest stock mkt, people familiar with the matter said. Nasdaq has been in talks for months with the Philadelphia exchange, known as the Phil-Ex, but they cooled for a while earlier this year as Nasdaq pursued a separate deal announced in May with Nordic exchange operator OMX. Now, Nasdaq is attempting to close a deal with Phil-Ex that would give it a start in the U.S. stock options business, an area that it hasn’t focused on until recently. NYX was also looking at bidding for the Phil-Ex in an effort to boost its NYSE Arca options business. But Nasdaq’s interest appears stronger for the moment, as CEO Bob Greifeld looks to add businesses that are faster growing than Nasdaq’s established business for trading U.S. stocks. A deal isn’t certain at this point, and some issues need to be agreed upon before a final deal is reached. For instance, the Phil-Ex is estimated to be worth about $600 mln, and has relatively strong technology for trading despite a small presence in stocks. But much of the exchange’s worth is tied up in agreements between its current owners - mostly big brokerage cos - to send stock options orders to the exchange.
16:28 TTPY Tomotherapy beats by $0.01, beats on revs; guides FY07 EPS in-line, revs in-line (21.44 +0.00)
Reports Q3 (Sep) earnings of $0.05 per share, $0.01 better than the Reuters Estimates consensus of $0.04; revenues rose 59.6% year/year to $59.2 mln vs the $57.7 mln consensus. Co issues in-line guidance for FY07, sees EPS of 0.17-0.20 vs. $0.19 consensus; sees FY07 revs of 214-220 vs. $218.98 mln consensus. “We anticipate that the majority of backlog should be converted into revenue within the next 12 months.”
16:27 STAA STAAR Surgical reports EPS in-line, revs in-line (3.43 -0.01)
Reports Q3 (Sep) loss of $0.13 per share, in-line with the Reuters Estimates consensus of ($0.13); revenues rose 2.4% year/year to $13.6 mln vs the $13.5 mln consensus.
16:27 BBOX Black Box misses by $0.02, misses on revs; guides FY08 EPS above consensus, revs below consensus (44.18 -0.1
Reports Q2 (Sep) earnings of $0.87 per share, excluding non-recurring items, $0.02 worse than the Reuters Estimates consensus of $0.89; revenues fell 3.9% year/year to $260.6 mln vs the $265 mln consensus. Co issues upside EPS guidance for FY08, sees EPS of $3.30-3.50 vs. $3.18 consensus; sees FY08 revs of $1.0 bln vs. $1.03 bln consensus.
16:27 HA Hawaiian Airlines reports Q3 EPS of $0.41 vs $0.08 single analyst estimate; revs $247.7 mln vs $246.60 mln single analyst estimate (4.39 +0.04) -Technical-
“Our competitive environment remains challenging, the seasonal fall off in demand for Hawaii vacations during the winter will inhibit our ability to manage transpacific yields as efficiently as we did during the summer, and the rising price of fuel impacts our costs so we continue to focus management attention on the rest of our cost base. A number of important cost saving initiatives have been implemented and we are looking forward to enjoying the fruits of these developments as we move forward.”
16:27 PACR Pacer Intl misses by $0.06, beats on revs (15.29 -0.61)
Reports Q3 (Sep) earnings of $0.38 per share, $0.06 worse than the Reuters Estimates consensus of $0.44; revenues rose 6.8% year/year to $489.3 mln vs the $476.9 mln consensus. “We have seen continued improvement in intermodal volumes for our Stacktrain operation up 8.7 percent with increases in all three lines of business, and for our rail brokerage operation up 11.1% as compared to last year,” said Mike Uremovich, Pacer’s chairman and chief executive officer. “There remains, however, excess capacity - particularly in our domestic intermodal business that has led to lower pricing, margins and income.”
16:26 BTRX Barrier Therapeutics reports Q3 EPS ($0.41) vs ($0.42) Reuters consensus; revs $7.52 mln vs $6.83 mln Reuters consensus (4.84 )
16:26 SANM Sanmina-SCI beats by $0.02, misses on revs; guides Q1 EPS in-line, revs in-line (2.29 +0.13)
Reports Q4 (Sep) earnings of $0.02 per share, $0.02 better than the Reuters Estimates consensus of ($0.00); revenues fell 7.8% year/year to $2.5 bln vs the $2.54 bln consensus. Co issues in-line guidance for Q1, sees EPS of $0.02-0.04 vs. $0.03 consensus; sees Q1 revs of $2.5-2.6 bln vs. $2.67 bln consensus.
16:26 SCRX Sciele Pharma misses by $0.04, reports revs in-line; reaffirms FY07 EPS guidance, revs guidance; guides FY08 EPS in-line, revs in-line (26.54 -0.07)
Reports Q3 (Sep) earnings of $0.38 per share, $0.04 worse than the Reuters Estimates consensus of $0.42; revenues rose 32.9% year/year to $99.4 mln vs the $98.5 mln consensus. Co reaffirms guidance for FY07, sees EPS of $1.63-1.68, excluding non-recurring items, vs. $1.66 consensus; sees FY07 revs of $375-385 mln vs. $382.41 mln consensus. Co issues in-line guidance for FY08, sees EPS of $1.87-1.97 vs. $1.97 consensus; sees FY08 revs of $430-445 mln vs. $440.08 mln consensus.
16:25 CEDC Central European Dist beats by $0.04, beats on revs; guides FY07 EPS in-line, revs in-line (50.48 -0.25)
Reports Q3 (Sep) earnings of $0.45 per share, $0.04 better than the Reuters Estimates consensus of $0.41; revs rose 28.1% YoY to $299.6 vs $293 mln First Call consensus. Co issues in-line guidance for FY07, sees EPS of $1.65-$1.79 vs. $1.67 consensus; sees FY07 revs of $1.17-$1.20 bln vs. $1.17 bln consensus.
16:25 MASI Masimo beats by $0.06, beats on revs; guides FY07 above consensus (33.32 +1.20)
Reports Q3 (Sep) earnings of $0.18 per share, excluding non-recurring items, $0.06 better than the Reuters Estimates consensus of $0.12; revenues rose 11.7% year/year to $64.4 mln vs the $60.6 mln consensus. Co issues upside guidance for FY07, sees EPS of $0.63, excluding non-recurring items, vs. $0.57 consensus; sees FY07 revs of $250.0 mln vs. $246.4 mln consensus.
16:25 SPRT SupportSoft beats by $0.01, beats on revs; guides Q4 EPS below consensus, revs below consensus
Reports Q3 (Sep) loss of $0.08 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of ($0.09); revenues fell 5.0% year/year to $11.3 mln vs the $11.2 mln consensus. Co issues downside guidance for Q4, sees EPS of ($0.09)-($0.11) vs. ($0.0
consensus; sees Q4 revs of $12 mln vs. $12.47 mln consensus.
16:25 KFRC sees Q4 $0.24-0.26 vs $0.26 Reuters consensus; sees revs $256-262 mln vs $264.04 mln Reuters consensus
16:24 GPRO Gen-Probe beats by $0.03, beats on revs; guides FY07 EPS in-line, revs in-line (67.55 -0.26)
Reports Q3 (Sep) earnings of $0.31 per share, $0.03 better than the Reuters Estimates consensus of $0.28; revenues rose 10.3% year/year to $101.7 mln vs the $98.1 mln consensus. Co issues in-line guidance for FY07, sees EPS of $1.50-$1.52 vs. $1.50 consensus; sees FY07 revs of $400-$402 vs. $400.51 mln consensus.
16:24 CTV Commscope beats by $0.01, misses on revs; guides Q4 revs below consensus; guides FY07 revs below consensus (52.20 -0.47)
Reports Q3 (Sep) earnings of $0.81 per share, $0.01 better than the Reuters Estimates consensus of $0.80; revenues rose 10.2% year/year to $513.6 mln vs the $522 mln consensus. Co issues downside guidance for Q4, sees Q4 revs of $420-440 mln vs. $457.43 mln consensus. Co issues downside guidance for FY07, sees FY07 revs of $1.89-1.91 bln, previous was $1.9-1.94 bln vs. $1.93 bln consensus.
16:24 KFRC prelim $0.26 vs $0.26 Reuters consensus; revs $262.1 mln vs $263.77 mln Reuters consensus
16:23 GHDX Genomic Health reports EPS in-line, revs in-line (24.39 -0.21)
Reports Q3 (Sep) loss of $0.26 per share, in-line with the Reuters Estimates consensus of ($0.26); revenues rose 123.9% year/year to $15.9 mln vs the $15.8 mln consensus.
16:23 MA MasterCard Earnings Preview (157.15 ) -Update-
MA is expected to report Q3 earnings before the open tomorrow with the conf call following at 9 ET. Current Q3 consensus is for EPS of $1.42 on 1.03 bln in revs. The big issue on the call will be how big of a problem they are expecting the credit issue to be for them in the coming quarters and where they see delinquencies going. COF has recently stated that they saw people missing mortgage payments before missing payments on their credit card so it will be interesting to see if MA echoes that or takes a more cautious approach. The other issue is with fears of consumer spending. MA has their finger on the pulse of the consumer so their comments on spending trends will be watched not only for investors in this stock but for retailers in general. Another point of discussion is share buybacks, as they announced a $500 mln share repurchase last qtr and mentioned the possibility of a larger one going forward. Investors will want to know how aggressive they were in the market as a gauge of how confident they are in their cash/liquidity position. Recent Price Action: After a huge run from $50 to $175 in 2006 and early 2007 it has started trading more with the market since the credit related pullback and has actually underperformed slightly. It looks like it is forming a broad triangle around the $150 level on a daily chart
16:22 ACTS Action Semi misses by $0.02, misses on revs; guides Q4 EPS in-line, revs in-line (5.37 +0.2
Reports Q3 (Sep) earnings of $0.12 per share, $0.02 worse than the Reuters Estimates consensus of $0.14; revenues fell 40.9% year/year to $27 mln vs the $30.1 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.14-0.17 vs. $0.15 consensus; sees Q4 revs of $32-35 mln vs. $34.57 mln consensus. Co also today announced that Patricia Chou, Vice President of Finance, has been promoted to the position of chief financial officer as David Lee assumes the role of chairman of the board as part of the company’s succession plan
16:22 UDRL Union Drilling reports EPS in-line, revs in-line
Reports Q3 (Sep) earnings of $0.42 per share, in-line with the Reuters Estimates consensus of $0.42; revenues rose 10.6% year/year to $76.9 mln vs the $77 mln consensus. “The third quarter was solid as we produced record revenues, EBITDA and drilling margin per revenue day due to relatively good utilization and pricing in all three of our markets. After a strong summer, we are seeing some pullback in activity this fall, especially in the Arkoma Basin, and we expect some of this to continue during our seasonally slower fourth quarter.”
16:22 IVGN Invitrogen beats by $0.20, beats on revs (83.07 +0.07)
Reports Q3 (Sep) earnings of $1.02 per share, $0.20 better than the Reuters Estimates consensus of $0.82. IVGN expects non-GAAP EPS is expected to grow approximately 3 to 4 times the rate of revenue.
16:22 FPIC FPIC Insurance announces charge for Guaranty Fund assessment; $4.2 mln pre-tax charge (42.22 -1.85)
Co was informed that the Florida Office of Insurance Regulation has levied an additional two percent assessment on the 2006 Florida direct written premiums of property and casualty insurance companies operating in Florida, including FPIC’s insurance subsidiaries, with respect to the insolvency of a group of Florida-domiciled homeowner’s insurance companies owned by Poe Financial Group. FPIC will include a $4.2 mln pre-tax charge for this assessment in its operating results for the third quarter of 2007, which will be released later today. As allowed by Florida law, FPIC’s insurance subsidiaries are entitled to recoup this assessment from their Florida policyholders and intend to make the necessary filings to do so.
16:22 LNET LodgeNet reports EPS in-line, misses on revs; guides FY07 EPS below consensus, revs below consensus (25.13 -1.32)
Reports Q3 (Sep) loss of $0.50 per share, in-line with the Reuters Estimates consensus of ($0.50); revenues rose 86.4% year/year to $142.6 mln vs the $145.7 mln consensus. Co issues downside guidance for FY07, sees EPS of ($2.89)-($2.75) vs. ($2.52) consensus; sees FY07 revs of $484-490 mln vs. $492.49 mln consensus.
16:21 MXWL Maxwell Tech beats by $0.11, misses on revs (11.35 )
Reports Q3 (Sep) loss of $0.13 per share, $0.11 better than the Reuters Estimates consensus of ($0.24); revenues rose 5.2% year/year to $14.2 mln vs the $14.8 mln consensus.
16:21 BBND sees Q4 ($0.18)-($0.12) vs ($0.07) Reuters consensus; sees revs $27-33 mln vs $38.10 mln Reuters consensus
16:21 BWLD Buffalo Wild Wings reports Q3 (Sep) results, beats on revs; guides FY07 revs above consensus (38.91 -0.5
Reports Q3 (Sep) earnings of $0.24 per share, includes charge, may not be comparable to the Reuters Estimates consensus of $0.26; revenues rose 20.6% year/year to $82.4 mln vs the $81.6 mln consensus. Co issues upside guidance for FY07, sees FY07 revs growth of 20%, which equates to ~$333.8 vs. $330.32 mln consensus. Co sees 2008 20% revs growth, and 25% EPS growth. Co says, “In May, we announced that we had exercised the right of first refusal to acquire nine Buffalo Wild Wings franchised restaurants in the Las Vegas area and that the acquisition was anticipated to close by the end of 2007. One of the conditions to closing this transaction is obtaining gaming license approvals. This process is taking longer than expected, and, although we cannot determine the exact closing date, we anticipate that the transaction, upon satisfaction of the remaining contingencies, will be completed in 2008.
16:21 LNET sees FY07 ($2.89-2.75) vs ($2.52) Reuters consensus; sees revs $484-490 mln vs $492.49 mln Reuters consensus
16:20 MCK McKesson beats by $0.10, beats on revs; guides FY08 EPS in-line (58.55 +0.56)
Reports Q2 (Sep) earnings of $0.82 per share, excluding non-recurring items, $0.10 better than the Reuters Estimates consensus of $0.72; revenues rose 9.2% year/year to $24.45 bln vs the $24.11 bln consensus. Co issues in-line guidance for FY08, sees EPS of $3.22-3.37 vs. $3.24 consensus.
16:20 CACS Carrier Access misses by $0.04, misses on revs (3.50 +0.07)
Reports Q3 (Sep) loss of $0.29 per share, $0.04 worse than the Reuters Estimates consensus of ($0.25); revenues fell 53.8% year/year to $7.4 mln vs the $7.7 mln consensus. “As previously announced we have engaged financial advisors to evaluate and pursue strategic alternatives, and we have been actively engaged in discussions on a number of fronts. Although we are working hard to being able to conclude these efforts within the next 60-90 days, we are still in the discussion stages in this process and there is no assurance that any transaction will result from this process.”
16:20 LNET prelim ($0.50) vs ($0.50) Reuters consensus; revs $142.6 mln vs $145.74 mln Reuters consensus
16:20 BBND prelim ($0.05) vs ($0.10) Reuters consensus; revs $38.5 mln vs $36.40 mln Reuters consensus
16:19 CHIP Verichip reports Q3 (Sep) results, misses on revs; guides FY07 revs in-line
Reports Q3 (Sep) loss of $0.35 per share, includes items, may not be comparable to the Reuters Estimates consensus of ($0.33); revenues rose 16.2% year/year to $7.9 mln vs the $8.1 mln consensus. Co issues in-line guidance for FY07, sees FY07 revs at high-end of guidance of $30-32 mln vs. $31.92 mln consensus.
16:19 WTS Watts Ind beats by $0.01, misses on revs (31.45 +1.25)
Reports Q3 (Sep) earnings of $0.58 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of $0.57; revenues rose 4.7% year/year to $340.5 mln vs the $352.9 mln consensus.
16:19 ASYT Asyst beats by $0.02, beats on revs; guides Q3 EPS below consensus, revs below consensus (4.94 -0.11)
Reports Q2 (Sep) earnings of $0.13 per share, $0.02 better than the Reuters Estimates consensus of $0.11; revenues rose 9.9% year/year to $134.8 mln vs the $122.4 mln consensus. Co issues downside guidance for Q3, sees EPS of $0.02-0.05 vs. $0.13 consensus; sees Q3 revs of $100-110 mln vs. $128.38 mln consensus.
16:19 WBSN Websense beats by $0.02, reports revs in-line; guides Q4 EPS below consensus, revs above consensus; guides FY08 EPS in-line, revs above consensus
Reports Q3 (Sep) earnings of $0.24 per share, $0.02 better than the Reuters Estimates consensus of $0.22; revenues rose 10.3% year/year to $50.4 mln vs the $50.7 mln consensus. Co issues mixed guidance for Q4, sees EPS of $0.20-$0.23 vs. $0.24 consensus; sees Q4 revs of $76-$79 vs. $69.87 mln consensus. Co issues mixed guidance for FY08, sees EPS of $1.10-$1.17 vs. $1.17 consensus; sees FY08 revs of $308-$320 vs. $276.75 mln consensus. “With the acquisition now closed, our focus for the fourth quarter and 2008 has shifted to customer retention and improved productivity in the combined operation,” added Hodges. “By 2009, we expect our financial results to reflect a more efficient cost structure, as well as incremental top line growth from the expanded product portfolio.”
16:19 BBOX sees FY08 $3.30-3.50 vs $3.18 two-analyst est; reaffirms revs $1 bln vs $1.03 bln two-analyst est
16:18 FEIC FEI Company beats by $0.03, reports revs in-line; guides Q4 EPS below consensus, revs below consensus (30.81 +0.0
Reports Q3 (Sep) earnings of $0.31 per share, $0.03 better than the Reuters Estimates consensus of $0.28; revenues rose 26.1% year/year to $145.8 mln vs the $145.2 mln consensus. Bookings in the qtr totaled $153.3 mln, up 3% YoY. The backlog at the end of the qtr was $305.7 mln.Co issues downside guidance for Q4, sees EPS of $0.23-$0.27 vs. $0.34 consensus; sees Q4 revs of $147-$153 vs. $154.06 mln consensus. Bookings are expected to improve from Q3 and be above $155 mln. The lower earnings forecast in Q4 compared with the third is due to a shift in the mix of revenue between the co’s market divisions and unusually high selling expenses through agent distribution channels, among other factors. (Stock is halted)
16:18 ACTS Actions Semiconductor promotes Patricia Chou to CFO (5.37 +0.2
16:18 BBOX prelim $0.87 vs $0.89 Reuters consensus; revs $260.6 mln vs $265.00 mln Reuters consensus
16:18 WYNN Wynn Resorts beats by $0.04, beats on revs (167.90 -5.00)
Reports Q3 (Sep) earnings of $0.67 per share, $0.04 better than the Reuters Estimates consensus of $0.63; revenues rose 105.4% year/year to $653.4 mln vs the $634.5 mln consensus. Results for this quarter include a full quarter of operations of Wynn Macau, which opened on Sept 6, 2006. In 3Q07, Wynn Macau generated net revenues of $347.7 mln and adjusted property EBITDA of $92.8 mln. Prior period comparisons are not meaningful as 3Q06 results include only a partial quarter of operations (however, revs in Q2 came in at $352.5 mln, with EBITDA of $92.7 mln). In Sept ‘07, Wynn Macau opened approx 20,000 square feet of additional gaming space and one restaurant in this expansion. The remaining portion of the expansion is expected to open within the next 90 to 100 days. The co has also submitted an application to the govt of Macau for a concession of land in Cotai for future development.
16:18 LNC Lincoln National misses by $0.08 (66.29 -0.5
Reports Q3 (Sep) earnings of $1.29 per share, $0.08 worse than the Reuters Estimates consensus of $1.37. Co expects to repurchase approx $200 mln in stock in Q4.
16:18 CEDC sees FY07 $1.65-1.79 vs $1.67 Reuters consensus, prior guidance $1.57-1.73
16:17 EQIX Equinix beats by $0.14, beats on revs; guides FY07 and FY08 revs above consensus (99.61 -2.40)
Reports Q3 (Sep) earnings of $0.12 per share, $0.14 better than the Reuters Estimates consensus of ($0.02); revenues rose 40.8% year/year and 13% sequentially to $103.8 mln vs the $101.4 mln consensus. Co issues upside guidance for FY07, sees FY07 revs of $416-417.5 mln vs. $414.2 mln consensus. Co issues upside guidance for FY08, sees FY08 revs of $625-640 mln vs. $616.5 mln consensus.
16:17 CEDC prelim $0.45 vs $0.41 Reuters consensus, $0.40 First Call; revs $299.6 mln vs $292.85 mln First Call consensus
16:17 DLLR Dollar Financial beats by $0.04, beats on revs; guides FY08 revs below consensus (31.77 +0.46)
Reports Q1 (Sep) earnings of $0.52 per share, $0.04 better than the Reuters Estimates consensus of $0.48; revenues rose 26.6% year/year to $116.1 mln vs the $113.6 mln consensus. Co issues downside guidance for FY08, sees FY08 revs of $470-490 mln vs. $493.32 mln consensus.
16:17 CLRT Clarient reports Q3 EPS of ($0.04) vs ($0.03) Reuters consensus; revsrose 52% YoY to $12.1 mln vs $11.34 mln Reuters consensus (2.15 -0.06) -Technical-
“Another significant milestone in the quarter was the first revenue achieved from services related to our novel marker strategy. Along with continued growth from existing cancer diagnostic services, we believe our novel marker program can provide us with additional high-growth revenue streams, which are the foundation of our new business model. While revenue in novel markers is modest now, we are currently in various stages of development with key programs in each of the areas of cancer in which we have franchises. We expect to begin commercialization of a number of additional novel markers in the coming 12 months.”
16:17 XPRT LECG Corp beats by $0.03, beats on revs; guides Q4 EPS in-line, revs in-line (14.89 -0.10)
Reports Q3 (Sep) earnings of $0.26 per share, $0.03 better than the Reuters Estimates consensus of $0.23; revenues rose 9.1% year/year to $99.7 mln vs the $93.5 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.24-0.26 vs. $0.24 consensus; sees Q4 revs of $95-98 mln vs. $94.10 mln consensus.
16:16 OMTR Omniture beats by $0.02, beats on revs; guides Q4 EPS in-line, revs in-line (36.81 +0.07)
Reports Q3 (Sep) earnings of $0.07 per share, $0.02 better than the Reuters Estimates consensus of $0.05; revenues rose 79.7% year/year to $37.8 mln vs the $37.3 mln consensus. Co issues in-line guidance for Q4, sees EPS of $0.07-$0.08 vs. $0.07 consensus; sees Q4 revs of $41-$42 vs. $41.06 mln consensus. *Note: Co reported revs in Non-GAAP. We are checking with Reuters to verify this is comparable.
16:16 ACTS sees Q4 $0.14-0.17 vs $0.15 Reuters consensus; sees revs $32-35 mln vs $34.57 mln Reuters consensus
16:16 LNC prelim $1.29 vs $1.37 Reuters consensus, $1.37 First Call
16:15 ACTS prelim $0.12 vs $0.14 Reuters consensus; revs $27.0 mln vs $30.06 mln Reuters consensus
16:15 SIRF prelim $0.29 vs $0.22 Reuters consensus; revs $91.2 mln vs $85.71 mln Reuters consensus
16:15 VARI Varian beats by $0.05, beats on revs; guides FY08 EPS above consensus
Reports Q4 (Sep) earnings of $0.69 per share, $0.05 better than the Reuters Estimates consensus of $0.64; revenues rose 11.8% year/year to $245.6 mln vs the $236.7 mln consensus. Co issues upside guidance for FY08, sees EPS of $2.84-2.98 vs. $2.76 consensus.
16:15 HNT Health Net Board approves $250 mln increase in share repurchase authorization (51.54 +0.01)
Co announces that its board of directors has approved a $250 mln increase to the co’s share repurchase program. The co launched its share repurchase program in May 2002 with an initial authorization of $250 mln. Including the additional $250 mln in newly authorized repurchase authority, Health Net has approximately $346 mln in remaining repurchase authority.
16:15 DVW Covad beats by $0.01, misses on revs; guides FY07 revs in-line (0.94 +0.03)
Reports Q3 (Sep) loss of $0.02 per share, $0.01 better than the Reuters Estimates consensus of ($0.03); revenues rose 2.8% year/year to $121.9 mln vs the $123.5 mln consensus. Co issues in-line guidance for FY07, sees FY07 revs of $485-505 mln vs. $490.59 mln consensus.
16:14 AHS AMN Healthcare Services beats by $0.01, beats on revs; guides Q4 EPS in-line, revs below consensus (18.52 -0.4
Reports Q3 (Sep) earnings of $0.29 per share, $0.01 better than the Reuters Estimates consensus of $0.28; revenues rose 6.2% year/year to $300.3 mln vs the $296.2 mln consensus. Co issues in-line EPS guidance for Q4, sees EPS of $0.24-0.26 vs. $0.26 consensus; sees Q4 revs of $286-288 mln vs. $295.04 mln consensus. Co says, “The moderate decrease in revenue and earnings expected during the fourth quarter is due to the normal year-end seasonal trends in our temporary healthcare staffing businesses.”
16:14 FIC Fair Isaac beats by $0.08, beats on revs; guides Q1 EPS above consensus, revs above consensus; guides FY08 EPS above consensus, revs above consensus (34.05 -0.24)
Reports Q4 (Sep) earnings of $0.49 per share, excluding non-recurring items, $0.08 better than the Reuters Estimates consensus of $0.41; revenues were unchanged from the year-ago period at $207.2 mln. Co issues upside guidance for Q1, sees EPS of $0.45 vs. $0.44 consensus; sees Q1 revs of $205.0 vs. $203.16 mln consensus. Co issues upside guidance for FY08, sees EPS of $2.00 vs. $1.91 consensus; sees FY08 revs of $850 mln vs. $839.26 mln consensus.
16:13 CVLT Commvault Systems reports EPS in-line, beats on revs; guides FY08 EPS above consensus, revs above consensus (17.59 -0.04)
Reports Q2 (Sep) earnings of $0.12 per share, excluding non-recurring items, in-line with the Reuters Estimates consensus of $0.12; revenues rose 29.5% year/year to $47.4 mln vs the $45.9 mln consensus. Co issues upside guidance for FY08, sees EPS of $0.57-0.59, excluding non-recurring items, vs. $0.56 consensus; sees FY08 revs of $194-196 mln vs. $192.81 mln consensus.
16:13 SUMT SumTotal reports Q3 EPS of $0.05 vs $0.04 Reuters consensus; revs $29.5 mln vs $29.98 mln Reuters consensus (5.69 -0.29)
Co sees Q4 EPS of $0.02-0.05 vs $0.15 Reuters consensus; sees revs $28-30 mln vs $37.39 mln Reuters consensus. Co says the fourth quarter guidance assumes no revenue from a large retail customer.
16:13 MASI sees FY07 $0.63 vs $0.57 Reuters consensus; sees revs $250.0 mln vs $246.4 mln Reuters consensus
16:13 CVLT sees FY08 $0.57-0.59 vs $0.56 Reuters consensus; sees revs $194-196 mln vs $192.81 mln Reuters consensus
16:12 SFLY Shutterfly beats by $0.02, beats on revs; guides Q4 revs in-line; guides FY08 revs in-line (36.40 +1.82)
Reports Q3 (Sep) loss of $0.14 per share, $0.02 better than the Reuters Estimates consensus of ($0.16); revenues rose 54.1% year/year to $32.6 mln vs the $31 mln consensus. Co issues in-line guidance for Q4, sees Q4 revs of $90.5-$93.5 vs. $92.87 mln consensus. Co issues in-line guidance for FY08, sees FY08 revs of $240-$255 vs. $244.00 mln consensus.
16:12 CVLT prelim $0.12 vs $0.12 Reuters consensus; revs $47.4 mln vs $45.87 mln Reuters consensus
16:12 CYH prelim $0.17 vs $0.39 Reuters consensus; revs $2.35 bln vs $2.43 bln Reuters consensus
16:12 ANDW Andrew beats by $0.01, beats on revs (14.34 -0.0
Reports Q4 (Sep) earnings of $0.20 per share, $0.01 better than the Reuters Estimates consensus of $0.19; revenues rose 4.2% year/year to $624 mln vs the $604.1 mln consensus.
16:12 MASI prelim $0.18 vs $0.12 Reuters consensus; revs $64.4 mln vs $60.6 mln Reuters consensus
16:11 NEWP Newport misses by $0.04, misses on revs; guides Q4 EPS below consensus, revs below consensus (14.49 -0.03)
Reports Q3 (Sep) earnings of $0.15 per share, $0.04 worse than the Reuters Estimates consensus of $0.19; revenues fell 4.6% year/year to $109 mln vs the $113.1 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.16-0.20 vs. $0.28 consensus; sees Q4 revs of $110-115 mln vs. $127.00 mln consensus.
16:10 WYNN prelim $0.67 vs $0.63 Reuters consensus; revs $653.4 mln vs $634.49 mln Reuters consensus
16:10 TZIX sees FY08 revs $480-500 mln vs $507.16 mln Reuters consensus
16:09 TZIX sees FY07 $0.46-0.51, may not be comparable to $0.48 Reuters consensus; sees revs $445-455 mln vs $453.44 mln Reuters consensus
16:09 EDGR EDGAR Online reports Q3 EPS ($0.07) vs ($0.06) YoY; revs +15% to $4.7 mln
16:09 CSCX Cardiac Science Corp reports Q3 EPS of $0.08 vs $0.05 Reuters consensus; revs rose 18% YoY to $45.1 mln vs $42.52 mln Reuters consensus (10.55 -0.04)
Co also sees FY07 $0.33-0.36 vs $0.23 Reuters consensus; sees revs $175-180 mln vs $174.16 mln Reuters consensus, with gross margin in a range around 48%.
16:09 TTPY sees FY07 $0.17-0.20 vs $0.19 Reuters consensus; sees revs $214-220 mln vs $218.98 mln Reuters consensus
16:09 NEWP sees Q4 $0.16-0.20 vs $0.28 Reuters consensus
16:09 WBSN sees FY08 $1.10-$1.17 vs $1.17 Reuters consensus; sees revs $308-320 mln vs $276.75 mln Reuters consensus
16:09 TTPY prelim $0.05 vs $0.04 Reuters consensus; revs $59.2 mln vs $57.68 mln Reuters consensus
16:09 DELL Dell expects to resume its share repurchase program shortly after it reports its results for the third quarter (29.80 +0.33)
16:09 RNWK sees Q4 $0.06-0.07 vs $0.07 Reuters consensus; sees revs $152-157 mln vs $158.41 mln Reuters consensus
16:09 NEWP sees Q4 revs $110-115 mln vs $127.00 mln Reuters consensus
16:08 NEWP prelim $0.15 vs $0.19 Reuters consensus; revs $109.0 mln vs $113.13 mln Reuters consensus
16:08 EQIX sees FY08 revs $625-640 mln vs $616.5 mln Reuters consensus
16:08 VARI sees FY08 EPS $2.84-$2.98 vs $2.76 Reuters consensus
16:08 CACS prelim ($0.29) vs ($0.25) Reuters consensus; revs $7.4 mln vs $7.72 mln Reuters consensus
16:08 RNWK prelim $0.06 vs $0.04 Reuters consensus; revs $145.1 mln vs $143.32 mln Reuters consensus
16:08 WBSN sees Q4 $0.20-0.23 vs $0.24 Reuters consensus; sees revs $76-79 mln vs $69.87 mln Reuters consensus
16:08 SANM sees Q1 $0.02-0.04 vs $0.03 Reuters consensus; sees revs $2.5-2.6 bln vs $2.67 bln Reuters consensus
16:08 DELL Dell files past due reports, including restated results from fiscal 2003 through 2007 (29.80 +0.33)
Co filed its past due periodic reports with the SEC. Those reports contain restated financial information for Fiscal 2003, 2004, 2005 and 2006 (including the interim periods within those years), and the first quarter of Fiscal 2007. The co had previously announced on Aug. 16 that it was restating its financial statements for those periods because of certain accounting errors and irregularities in the previously issued financial statements. The filed reports include the annual report for Fiscal 2007, an amended quarterly report for the first quarter of Fiscal 2007 and quarterly reports for the second and third quarters of Fiscal 2007, and the first and second quarters of Fiscal 2008. Dell believes that, with the filing of these reports, it will achieve compliance with NASDAQ’s continued listing requirements, and expects that NASDAQ will send the co an acknowledgement to that effect in the near future. The co expects to resume its share repurchase program shortly after it reports its results for the third quarter.
16:07 OMTR sees Q4 $0.07-0.08 vs $0.07 Reuters consensus; sees revs $41-42 mln vs $41.06 mln Reuters consensus
16:07 SANM prelim $0.02 vs $0.00 Reuters consensus; revs $2.5 bln vs $2.54 bln Reuters consensus
16:07 GPRO sees FY07 $1.50-1.52 vs $1.50 Reuters consensus; sees revs $400-402 mln vs $400.51 mln Reuters consensus
16:07 EQIX sees FY07 revs $416.0-417.5 mln vs $414.15 mln Reuters consensus
16:07 TZIX prelim $0.17 vs $0.12 Reuters consensus; revs $106.9 mln vs $111.50 mln Reuters consensus
16:07 WBSN prelim $0.24 vs $0.22 Reuters consensus; revs $50.4 mln vs $50.67 mln Reuters consensus
16:07 CMG Chipotle Mexican Grill beats by $0.09, beats on revs; issues 2007-08 comps guidance
Reports Q3 (Sep) earnings of $0.62 per share, $0.09 better than the Reuters Estimates consensus of $0.53; revenues rose 35.5% year/year to $286.4 mln vs the $279.5 mln consensus. “… With our strong unit growth opportunities and restaurant economic model, we remain comfortable with our ability to grow fully diluted earnings per share at an average annual rate of at least 25% over the long-term.” Co now expects 2007 comparable restaurant sales increases in the low double digit range. Expects 2008 comparable restaurant sales increases in the low- to mid-single digit range.
16:07 OMTR prelim $0.07 vs $0.05 Reuters consensus; revs $37.8 mln vs $37.25 mln Reuters consensus
16:07 IVGN expects non-GAAP EPS is expected to grow approximately 3 to 4 times the rate of revenue
16:07 GPRO prelim $0.31 vs $0.28 Reuters consensus; revs $101.7 mln vs $98.13 mln Reuters consensus
16:06 VARI prelim $0.69 vs $0.64 Reuters consensus; revs $245.60 mln vs $236.72 mln Reuters consensus
16:06 ANDW prelim $0.20, ex items vs $0.19 Reuters consensus, $0.18 First Call; revs $624.0 mln vs $604.12 mln Reuters consensus
16:06 IVGN prelim $1.02, including stock based compensation, vs $0.82 Reuters consensus; revs $315 mln vs $304.48 mln Reuters consensus
16:06 EQIX prelim $0.12 vs ($0.02) Reuters consensus; revs $103.8 mln vs $101.41 mln Reuters consensus
16:06 PACR prelim $0.38 vs $0.44 Reuters consensus; revs $489.3 mln vs $476.90 mln Reuters consensus
16:06 ATML Atmel announces planned retirement of CFO (4.92 -0.0
16:06 GCFB Granite City Food & Brewery reports Q3 EPS of ($0.14) vs ($0.14) Reuters consensus; revs rose 30.3% YoY to $19.6 mln vs $19.75 mln Reuters consensus (3.99 -0.02)
16:05 OSUR sees Q4 $0.00-0.05 vs $0.00 Reuters consensus; sees revs $19.5-20.0 mln vs $21.66 mln Reuters consensus
16:05 OSUR prelim $0.00 vs $0.00 Reuters consensus, $0.01 First Call; revs $21.4 mln vs $21.21 mln Reuters consensus
16:05 BWLD sees FY07 revs $333.80 mln vs $330.32 mln Reuters consensus
16:05 PSEM sees Q2 revs $39.3-$40.8 mln vs $35.73 mln Reuters consensus
16:05 ANSR sees Q4 $0.06-0.08 vs $0.04 Reuters consensus; sees revs $41.5-43.5 mln vs $44.84 mln Reuters consensus
16:04 NANO prelim $0.11, includes charges, gains does not compare to $0.17 Reuters consensus; revs $38.6 mln vs $36.40 mln Reuters consensus
16:04 ANSR prelim $0.07 vs $0.05 Reuters consensus; revs $46.7 mln vs $44.94 mln Reuters consensus
16:04 DLLR sees FY08 revs $470-490 mln vs $493.32 mln Reuters consensus
16:03 XPRT sees Q4 $0.24-0.26 vs $0.24 Reuters consensus; sees revs $95-98 mln vs $94.1 mln Reuters consensus
16:03 CMG sees 2007 comparable restaurant sales increases in the low double digit range
16:03 PSEM prelim $0.15 vs $0.12 Reuters consensus, $0.11 First Call; revs $38.50 mln vs $34.05 mln Reuters consensus
16:03 SMTK Simtek reports Q3 EPS of $0.03 vs $0.04 two analyst est; revs rose 5% YoY to $8.7 mln vs $9.70 mln two analyst est (4.00 +0.01)
Co also sees FY07 EPS of $0.10-0.12 vs $0.17 Reuters consensus; sees revs $32-33 mln vs $36.92 mln Reuters consensus. Gross margins are projected to increase to approximately 50% by the end of 2007. For the fiscal year 2008 the co currently expects revenue growth related to its core business to be in the range of 10% to 20% above 2007. Core business does not include the new 4 megabit family of products nor high density nvRAM products currently under development.
16:03 BWLD sees FY08 20% revs growth, and 25% earnings growth
16:03 CCI sees Q4 ($0.16-0.03) may not compare to ($0.11) Reuters consensus
16:03 XPRT prelim $0.26 vs $0.23 Reuters consensus; revs $99.7 mln vs $93.5 mln Reuters consensus
16:03 CMG sees 2008 comparable restaurant sales increases in low- to mid-single digit range
16:03 SFLY sees FY08 revs $240-255 mln vs $244.00 mln Reuters consensus
16:02 SFLY sees Q4 revs $90.5-93.5 mln vs $92.87 mln Reuters consensus
16:02 MOSY prelim ($0.02) vs ($0.02) Reuters consensus, ($0.03) First Call; revs $3.96 mln vs $4.50 mln Reuters consensus
16:02 CCI prelim ($0.26) may not be comparable to ($0.14) Reuters consensus; revs $351.70 mln vs $347.91 mln Reuters consensus
16:02 SFLY prelim ($0.14) vs ($0.16) Reuters consensus, ($0.17) First Call; revs $32.6 mln vs $30.97 mln Reuters consensus
16:02 BWLD prelim $0.24 vs $0.26 Reuters consensus; revs $82.4 mln vs $81.56 mln Reuters consensus
16:02 CTV sees Q4 revs $420-$440 mln vs $457.43 mln Reuters consensus
16:02 ASYT sees Q3 $0.02-0.05 vs $0.13 Reuters consensus; sees revs $100-110 mln vs $128.4 mln Reuters consensus
16:02 WEX Winland Electronics announces planned resignation of CEO (2.38 -0.06)
16:02 FEIC FEI Company– Shares halted on NASDAQ ahead of its quarterly earnings results (30.81 )
16:01 ATML sees Q4 revs of ~$418-426 mln vs $423.40 mln Reuters consensus
16:01 CMG reports Q3 same store sales +12.4% vs +11.5% street expectation
16:01 CMG prelim $0.62 vs $0.53 Reuters consensus; revs $286.4 mln vs $279.52 mln Reuters consensus
16:01 GIGA Giga-tronics reports Q2 EPS of $0.04 vs ($0.0
in 2Q06; revs rose 18% YoY to $4.65 mln - no ests (2.97 -0.04) -Technical-
Backlog at quarter end was $7.9 million (approximately $5.4 million is shippable within one year) as compared to $11.8 million (approximately $8.0 million was shippable within one year) at the end of the second quarter of the prior year.
16:01 ASYT prelim $0.13 vs $0.11 Reuters consensus; revs $134.8 mln vs $122.38 mln Reuters consensus
16:01 DVW sees FY07 revs $485-5605 mln vs $490.59 mln Reuters consensus
16:01 MEAS Measurement Specialties announces impact of ‘German Business Tax Reform 2008′ resulting in lower combined German tax rate - Impacts 2Q08 reported financial results (27.91 -0.0
Co announces the impact of the recently adopted German Business Tax Reform 2008 on current year financial statements. The German Business Tax Reform 2008, which became effective on August 17, 2007, reduces the corporate income tax rate in Germany, resulting in a reduction in the combined German tax rate from approximately 39% to 31%. Although this tax rate change will have a favorable impact on tax expense associated with profits earned in Germany in FY08 and beyond, the co is required by financial accounting standards to revalue its net deferred tax asset due to this change. The co’s net deferred tax asset in Germany is primarily due to the tax benefit resulting from the Net Operating Loss carry-forward acquired through the purchase of HL Planartechnik in November 2005. As a result of the new tax reform and associated decrease in effective tax rate in Germany, the value of the deferred tax asset has been reduced by approximately $1 mln, from $4.3 million to $3.3 million. This charge will be reflected in the Company’s second quarter results.
16:01 CTV prelim $0.81 vs $0.80 Reuters consensus; revs $513.60 mln vs $522.03 mln Reuters consensus
16:01 NAL prelim $0.13 vs $0.12 Reuters consensus
16:00 ATML prelim $0.03 vs $0.03 Reuters consensus; revs $418.1 mln vs $413.84 mln Reuters consensus
16:00 DLLR prelim $0.52 vs $0.48 Reuters consensus; revs $116.1 mln vs $113.58 mln Reuters consensus
16:00 DVW prelim ($0.02) vs ($0.03) Reuters consensus; revs $121.9 mln vs $123.51 mln Reuters consensus
16:00 MXWL prelim ($0.13) vs ($0.24) Reuters consensus, ($0.25) First Call; revs $14.22 mln vs $14.81 mln Reuters consensus
16:00 MNT Mentor Corp announces Loren McFarland resigning as VP and CFO (43.27 -0.49)
Co announces that Loren McFarland, Vice President and Chief Financial Officer will be leaving the co effective November 12, 2007. The co also announced that it was in the final stages of selecting a candidate to replace Mr. McFarland, and that Valerie Miller, the co’s Vice President and Controller, would assume Mr. McFarland’s duties on an interim basis, if necessary.