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24.10.2013 00:32:06

After-market Movers For Oct 23 (SYMC, STMP, TSCO, EQIX, AKAM, FIO, ANGI, WBCO)

(RTTNews) - Gainers:

Stamps.com Inc. (STMP) gained 8 percent to $45.86. The company's third quarter profit improved from the last year period and its non-GAAP earnings came in above Street view. Total revenues marginally missed the consensus estimate. The company also raised its 2013 earnings guidance.

Tractor Supply Co. (TSCO) was up 5 percent to $110.96. The company's third quarter results were above analysts expectations and also raised its full-year outlook.

Equinix, Inc. (EQIX) rose 6 percent to $179.25. The company's third quarter profit and revenues topped Wall Street view. The company also forecast fourth quarter revenue above the consensus estimate.

Decliners:

Symantec Corp. (SYMC) fell 13 percent to $21.29. The company's second quarter profit improved from the prior year and its adjusted earnings per share topped Wall Street view. Total revenues for the quarter dropped 4 percent and missed the consensus estimate. The company forecast third quarter results below market view and also lowered its financial outlook for 2013.

Akamai Technologies, Inc. (AKAM) fell 7 percent to $48.30. The company's third quarter results were above analysts' expectations. The company guided fourth quarter results in-line with analysts' estimates. The company's board authorized a new $750 million share repurchase program.

Fusion-io, Inc. (FIO) declined 12 percent to $11.42. The company slipped to a loss in its first quarter, while its non-GAAP result topped Street view. Revenue plunged from the year-ago quarter, but surpassed the consensus estimate. The company forecast second quarter revenue to be up slightly sequentially, which comes sharply below analysts' estimate. Fusion-io also announces that its finance chief Dennis Wolf will be leaving after a period of transition to pursue an opportunity at a private company.

Angie's List, Inc. (ANGI) fell 5 percent to $14.70. The company's third quarter net loss narrowed from the previous year period, but missed analysts' estimate. Revenue improved 56 percent, but was below Street view. The company also forecast fourth quarter revenue below the consensus estimate.

Trading halt:

Trading in shares of Washington Banking Co. (WBCO) and Heritage Financial Corp. (HFWA) were halted. The companies agreed to merge and the consideration value per share for Washington Banking was $16.89, or approximately $265.1 million in aggregate.

Trading in shares of Infinera Corp. (INFN) was halted. The company swung to a profit in its third quarter. Revenues improved and topped the consensus estimate. The company also announced that its finance chief Ita Brennan will resign effective February 28, 2014 to pursue another opportunity at a technology start-up.

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Aktien in diesem Artikel

Akamai Inc. 88,89 2,60% Akamai Inc.
Heritage Financial Corp. 26,50 2,75% Heritage Financial Corp.
Infinera CorpShs 6,35 2,42% Infinera CorpShs
Tractor Supply Co. 260,15 0,10% Tractor Supply Co.