Ion Geophysical Corp (NYSE:IO) shares gained 9.73% and closed at $7.67 in yesterday’s session. The company, on August 7, 2012, reported second quarter 2012 revenues of $105.2 million, a 19% increase from revenues of $88.5 million in the year ago period. Second quarter net income increased to $12.0 million, or $0.08 per diluted share, as compared to net income of $2.6 million, or $0.02 per diluted share, in second quarter 2011.
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Advanced Micro Devices, Inc. (NYSE:AMD) shares jumped 9.45% and closed at $4.40 in the last trading session as Evercore's Patrick Wang says Qualcomm and Samsung have been mentioned as potential buyers. But would these companies, both of whom develop ARM-based processors, be that interested in an x86 processor developer that's heavily exposed to a weak PC market, and is perpetually at a resource disadvantage relative to Intel (INTC)? 15.9% of AMD's float was shorted as of July 13.
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Allot Communications Ltd. (NASDAQ:ALLT) shares climbed 8.77% and closed at $24.80 in the previous trading session. The company, on July 31, 2012, said it earned $0.15 per diluted share excluding one-off items in the second quarter, as compared with $0.10 a share a year earlier. Revenue rose 43% to $26.4 million. The company was forecasted to earn $0.14 a share on revenue of $25 million.
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OPNET Technologies, Inc. (NASDAQ:OPNT) shares gained 9.18% and closed at $30.56 in yesterday’s session. The company announced first fiscal quarter revenue of $44.0 million, as compared to $40.2 million for the same quarter in the prior fiscal year. Diluted earnings per share for the first quarter of fiscal 2013 were $0.16, compared to $0.18 for the same quarter in the prior fiscal year.
Additionally, the Company announced a quarterly dividend of $0.15 per share, which represents one quarter of the Company's fiscal 2013 annual dividend target of $0.60, payable on September 26, 2012 to stockholders of record as of the close of business on September 12, 2012.
Rackspace Hosting, Inc. (NYSE:RAX)shares jumped 8.46% and closed at $53.47 in the last trading session after the company reported second quarter net income of $25.13 million or $0.18 per share, up from $17.56 million or $0.13 per share in the prior-year quarter. Net revenue increased 29% to $318.99 million from $247.23 million in the same quarter last year. Analysts expected the company to report earnings of $0.18 per share on revenue consensus estimate of $317.81 million.