logo
Share SHARE
FONT-SIZE Plus   Neg

After-market Movers For Jan 31 (WYNN, MCK, VPRT, CPSI, ADNC, ABAX)

Gainers:

Audience, Inc. (ADNC) surged 26 percent to $15.40. The company swung to a profit in its fourth quarter. Revenue for the quarter more than doubled from the year-ago period and topped the consensus estimate. The company also provided a robust first quarter outlook and stated that it is well-positioned for 2013.

Abaxis, Inc. (ABAX) gained 5 percent to $40.63. The company's third quarter earnings increased 75 percent from the year-ago quarter and were above Wall street view. Revenues rose 32 percent and came above analysts' estimate.

Decliners:

Wynn Resorts Ltd. (WYNN) declined nearly 1 percent to $124.25. The company's fourth quarter profit declined from the year-ago quarter and its adjusted earnings per share were below Wall Street view. Net revenues declined from the prior year quarter, but managed to beat the consensus estimate. The company noted that lower revenue was driven by a 3.2 percent decline in revenues from Macau Operations.

McKesson Corp. (MCK) fell 2 percent to $103.15. The company's third quarter profit declined from the same period a year earlier and its adjusted earnings per share missed Wall Street view. Revenues rose 1 percent and came above the consensus estimate. The company also lowered its fiscal 2013 adjusted earnings per share guidance.

Vistaprint N.V. (VPRT) slided 3 percent to $34.75. The company's second quarter earnings decreased from the prior year period, but its adjusted earnings per share blowed past Wall Street expectation. Revenue for the quarter rose 16 percent. Meanwhile, the company tightened its fiscal 2013 earnings forecast and lowered its revenue expectation.

Computer Programs & Systems, Inc. (CPSI) fell over 8 percent to $48.00. The company's fourth quarter earnings per share and revenues were below Wall Street view. The company also forecast 2013 results below analysts' expectations.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Live-streaming video platform Twitch said it will launch a new affiliate program for non-partnered streamers that will allow them to earn money as they broadcast on the platform. This will be similar to YouTube's Partner program and is part of Twitch's efforts to broaden its appeal. Chocolate company Hershey Co. said it will increase the visibility of nutrition information and portion options of its snacks as well as reduce the sweets' calorie count. The move is part of the company's ongoing efforts to offer a broad range of snacks and clear information in response to feedback from consumers, who are shifting to healthier foods. The Coca-Cola Company (KO) reported a profit for the first-quarter of 2017 that declined 20 percent from the prior year. Net revenues declined 11%, reflecting unfavorable impacts from structural changes of 10% and foreign currency of 1%. The company remains on track to deliver its underlying revenue and profit targets for the full year.
comments powered by Disqus
Follow RTT