Mellanox Technologies Ltd (NASDAQ:MLNX) among the gainers
and the stock augmented 41.46% and closed at $93.90. The company reported
second quarter revenue of $133.5 million compared to $63.3 million in the
second quarter of 2011.GAAP gross margins was 68.8% compared to 64.9% in the
second quarter of 2011. GAAP net income was $32.1 million or $0.74 per diluted
share compared to net income of $2.1 million or $0.06 per diluted share in the
second quarter of 2011. Total cash and investments were $327.8 million at June
30, 2012.
Select Comfort Corp (NASDAQ:SCSS) jumped up 26.78% to $27.60
after the Company announced second quarter results. Profit was $17 million or
30 cents per share versus $11.3 million or 20 cents per share in the prior year
period. Revenue increased 27% to $205.2 million due to company-controlled
same-store sales growth of 25%. However, analysts predicted earnings of 27
cents per share on revenue of $198 million. Gross margin was 64.1% from 63.5%
in the prior year period. The Company increased its adjusted earnings guidance
to a range of $1.41 to $1.47 for the fiscal year.
New Oriental Education & Tech Grp (ADR) (NYSE:EDU)
escalated 17.89% to $11.20 after the Company provided the guidance for first
quarter of 2013. The Company expects revenue to be in the range of
$342.7-$356.3 million for the first quarter of 2013. The analysts are expecting
the Company to report revenue of $354 million for first quarter of 2013.
Skyworks Solutions Inc (NASDAQ:SWKS) increased 9.50% and
closed at $29.17. The Company reported third quarter profit of $49.3 million or
26 cents per share compared to $51.5 million or 27 cents per share in the prior
year period. Revenue moved up 9.3% to $389 million. Gross margin was 42.5%
compared to 43.9%. The Company expects
adjusted earnings of 50 cents to 51 cents per share on revenue of $415 million
to $420 million for the fourth quarter.
Walgreen Company (NYSE:WAG) increased 11.79% to $34.62 on a
traded volume 56.42 million shares. Walgreen Co and Express Scripts Holding Co
announced a new multiyear reimbursement agreement. Both the Companies ended a
seven-month dispute that had prevented millions of patients from getting their
prescriptions filled at the nation's largest pharmacy chain by store count.
No comments:
Post a Comment