Velti Plc (NASDAQ:VELT) stock jumped 11.92% to $7.88
after the company reported second quarter revenue of $58.7 million, an increase
of 71% from the same period last year. GAAP net loss was $17.7 million and EPS
of $(0.28), as compared with a net loss of $25.1 million and EPS of $(0.47) for
the same quarter last year.
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VELT Continue To Move Higher? If Yes, How Long It can Go? Find Out Here
Looking forward, the company increased fiscal year
2012 revenue in the range of $285.0-$296.0 million and adjusted EBITDA guidance
in the range of $82.0-$88.0 million. The company expects third quarter of 2012
revenue in the range of $60.0-$64.0 million and EBITDA in the range of
$8.5-$10.5 million.
Estee Lauder Companies Inc (NYSE:EL) stock gained
8.65% to $59.79 after the company reported fourth quarter net earnings of $51.2
million or $0.13 per share, as against $41.1 million or $0.10 per share in the
prior-year quarter. Adjusted net earnings rose about 40% to $69.2 million or
$0.17 per share. Net sales increased 9% to $2.25 billion from $2.06 billion in
the same quarter last year. Analysts expected the company to report earnings of
$0.16 per share on revenue estimate of $2.21 billion.
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Aegean Marine Petroleum Network Inc. (NYSE:ANW)
shares climbed 8.53% to $6.74 after the company posted second-quarter net
profit of $2.71 million or $0.06 per share, as compared to $3.22 million or
$0.07 per share in the same period last year. Total revenues for the quarter
grew to $1.89 billion from $1.77 billion in the prior-year quarter. Analysts
expected the company to earn $0.14 per share on revenue estimate of $1.74
billion for the quarter.
Peregrine Pharmaceuticals (NASDAQ:PPHM) stock plunged
15.73% to $2.41. The company announced that Steven King, president and CEO,
will present at the Wedbush Securities Life Sciences Management Access
Conference at Le Parker Meridien Hotel in New York, NY on August 15, 2012 at
10:55 AM Eastern Daylight Time.
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PPHM Rebound After Today’s Slump, Find Out Here
CRH PLC (ADR) (NYSE:CRH) shares fell 6.59% to $17.99
in the early hour after the company’s first half profit increased to 104
million euros or $14.4 per share from 76 million euros or $10.7 per share
reported last year. However, earnings before interest, tax, depreciation and
amortization, or EBITDA, decreased 1% to 568 million euros. Half-yearly
revenues climbed 5% to 8.59 billion euros.
Additionally, the board has decided to maintain the
2012 interim dividend at last year's level of 18.5 cents per share. The
dividend, to shareholders of record on August 24, 2012, is payable on October
19.
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