Gainers:
Fusion-IO, Inc. (FIO: Quote) jumped 27 percent to $26.81. The company's fourth quarter revenue surged 49 percent from year-ago quarter and 13 percent sequentially. The company slipped to a loss in the quarter and its adjusted earnings declined from the prior year period. The company expects first quarter to modestly increase sequentially, and its fiscal 2013 revenue growth in the range of 45 to 50 percent.
CareFusion Corp. (CFN: Quote) rose nearly 4 percent to $25.50. The company's fourth quarter profit advanced 29 percent from the previous year period. Revenue for the quarter increased 3 percent on a reported basis and 4 percent on a constant currency basis. The company also provided an upbeat forecast for fiscal 2013.
NVIDIA Corp. (NVDA: Quote) gained 5 percent to $15.45. The company's second quarter profit declined from the year-ago quarter, yet topped analysts' expectation. Revenues were also above the consensus estimate. The company also forecast third quarter revenues above consensus.
Decliners:
Yahoo! Inc. (YHOO: Quote) fell over 3 percent to $15.44. The company announced that its chief executive Marissa Mayer is engaging in a review of company's business strategy. The company noted that this review process may lead to a reevaluation of, or changes to, its current plans, including returning to shareholders the after tax cash proceeds from Alibaba Group transaction.
Ubiquiti Networks, Inc. (UBNT: Quote) plunged 36 percent to $9.55. The company swung to a profit in its fourth quarter and its revenues surged 40 percent from the year-ago quarter. However, the company guided its first quarter results sharply below Wall Street view. The company noted that amount of counterfeited goods, combined with the impact it has on its distributor's inventory and the purchasing patterns of customers, will impact its business outlook for the next two fiscal quarters.
Pegasystems Inc. (PEGA: Quote) declined 10 percent to $24.37. The company slipped to a loss in its second quarter, while revenue for the quarter was slightly higher from the year-ago quarter. The company noted that delays it has seen in executing new license agreements, along with it seeing a greater proportion of term licenses, makes its goal to surpass $500 million of revenue in 2012 very challenging.
Scotts Miracle-Gro Co. (SMG: Quote) fell 8 percent to $38.06. The company's third quarter profit declined from the year-ago period and its adjusted earnings per share from continuing operations and sales were below analysts' estimates. Looking ahead to fiscal 2013, the company noted that it has become clear that the pace of near-term category growth is slower than it had expected.
Trading halt:
Trading in shares of Synutra International Inc. (SYUT: Quote) was halted. The company's first quarter net loss widened from the year-ago quarter. Net sales were below the consensus estimate. The company's net sales plunged on a sequential basis reflecting the short-term impact of the 15 percent price increase on infant formula products implemented on April 1st in addition to the seasonal sales slow down of the hot summer months. The company also lowered its fiscal 2013 forecast.
Trading in shares of Dynacq Healthcare Inc. (DYII: Quote) was halted. The company has placed Philip Chan on paid administrative leave from his position as financial chief. The company is conducting an internal investigation of its past business practices, potentially encompassing members of the Board, management and third persons, and related accounting matters.
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by RTT Staff Writer
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