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

Gainers:

eBay Inc. (EBAY) 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) 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) 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) 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) 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) 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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
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