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After-market Movers For April 18 (EBAY, FFIV, VMW, QCOM, YUM, MLNX)

4/18/2012 5:33 PM ET

Gainers:

eBay Inc. (EBAY: Quote) rose over 6 percent to $38.12. The company's first quarter profit improved from the previous year, on a 29 percent growth in revenues. Both earnings per share and revenue were above analysts' estimates. For the second quarter, the company expects adjusted per share in-line with Wall Street view, but revenue below consensus.

F5 Networks, Inc. (FFIV: Quote) gained 3 percent to $127.70 as the company's second quarter earnings and revenue increased from the year-ago quarter and were above consensus.

VMware, Inc. (VMW: Quote) increased 3 percent to $114.50. The company's first quarter profit increased from the year-ago quarter. Revenues improved 25.1 percent. Both earnings and revenues were above Wall Street view. The company expects revenues for the second quarter and 2012 in-line with consensus.

Mellanox Technologies, Ltd. (MLNX: Quote) rose 13 percent to $48.89. The company swung to a profit in its first quarter. Non-GAAP earnings per share were sharply above analysts' expectation. Revenue rose 61.2 percent and were above consensus.

Decliners:

QUALCOMM Inc. (QCOM: Quote) declined over 3 percent to $64.81. The company's second quarter profit and revenues surged from the previous year. Both non-GAAP earnings per share and revenues were above Wall Street view. However, the company expects third quarter and fiscal 2012 non-GAAP earnings per share below consensus.

Yum! Brands, Inc. (YUM: Quote) fell 1 percent to $72.25. The company's first quarter profit increased from the previous year and adjusted earnings per share topped analysts' estimate. Total revenues grew 14 percent and were also above consensus. In its China division, system sales increased 28 percent, prior to foreign currency translation and same-store sales increased 14 percent.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Chipmaker Advanced Micro Devices Inc. said Thursday after the markets closed that its first quarter loss narrowed from last year, helped by strong revenue growth in its graphics and visual solutions business. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly revenue. After trending higher over the past few sessions, stocks showed a lack of direction throughout the trading day on Thursday. The major averages spent the session bouncing back and forth across the unchanged line before ending the day mixed. While the major averages closed on opposite sides of the unchanged line, they all showed only modest moves. U.S. Secretary Of State John Kerry said Thursday that he and his counterparts from Russia, Ukraine and the European Union have reached an agreement on a preliminary plan for ending the ongoing crisis in Ukraine. Kerry was speaking at the end of the Ukraine contact group's first meeting, comprising the foreign ministers of Russia, Ukraine, the EU and the U.S., in the Swiss city of Geneva.
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