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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
Shares of CRH plc were gaining around 3 percent in the early morning trading in London after the building materials group reported Thursday higher profit in its first half with improved sales. The company also announced its agreement to sell Americas Distribution business to Beacon Roofing Supply, Inc. for $2.63 billion in cash or about 2.2 billion euros. Private equity firm Blackstone Group LP is exploring options for a potential initial public offering of Gates Global LLC, Reuters reported, citing people familiar with the matter. As per the report, an IPO, which could occur as soon as 2018, could value Gates at more than $7 billion. Apple Inc. is working on a self-driving shuttle service to ferry employees within its sprawling campus, the New York Times reported. The move comes after the tech giant decided to abandon the idea of building an entire self-driving car by itself.
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