Riverbed Technology, Inc. (RVBD: Quote) gained over 23 percent to $18.00. The company's second quarter earnings increased from the same period last year and its adjusted earnings per share were above Wall street view. Total revenues rose 17 percent and were also above the consensus estimate.
Altera Corp. (ALTR: Quote) gained 8 percent to $33.20. The company's second quarter earnings and net sales declined from the prior year quarter, but both topped Wall Street view. In addition, the company has raised its quarterly cash dividend.
iRobot Corp. (IRBT: Quote) gained more than 8 percent to $21.12. The company's second quarter profit decreased from the same period prior year, but were sharply above the analysts' expectation. Revenue for the quarter improved from the year-ago period and also topped the consensus estimate. The company also raised its earnings forecast for fiscal 2012.
Ancestry.com Inc. (ACOM: Quote) surged over 16 percent to $31.80. The company is slated to release financial results for its second quarter 2012 tomorrow.
Tempur Pedic International Inc. (TPX: Quote) gained 8 percent to $29.41. The company's second quarter profit plunged from the year-ago quarter, yet topped Wall Street view. Net sales decreased 4 percent, but were also above analysts' estimate. Mattress sales decreased 4 percent globally. Meanwhile, the company maintained its net sales outlook for full year 2012.
Apple Inc. (AAPL: Quote) declined 5 percent to $570.94. The company's third quarter profit and net sales surged from the year-ago quarter, but were below Wall street view. The company said it has sold 26.0 million iPhones in the quarter, representing 28 percent unit growth over the year-ago quarter. The company also guided its fourth quarter results sharply below analysts' predictions.
Netflix, Inc. (NFLX: Quote) fell 14 percent to $68.90. The company's second quarter profit plunged from the prior year period. Revenues improved from the same period last year and topped the consensus estimate. The company noted that it expects the Olympics to have a negative impact on its viewing and sign-ups this quarter. The company said it expects to be profitable in the third quarter, but to report a consolidated loss in its fourth quarter as it plans to launch its next international market.
TripAdvisor Inc. (TRIP: Quote) declined more than 16 percent to $36.30. The company's second quarter profit declined from the year-ago period, while its non-GAAP earnings per share were in-line with Wall Street view. Revenues improved 16 percent from the same period last year, but missed the consensus estimate.
Buffalo Wild Wings Inc. (BWLD: Quote) fell 13 percent to $68.45. The company's second quarter earnings increased 9.3 percent from the same period last year, but missed the analysts' projection. Total revenue increased 29.7 percent, but were also below estimate.
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by RTT Staff Writer
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