Stocks To Watch - Nov. 8

(RTTNews) - What makes these stocks interesting?

Performant Financial Corp. (PFMT) revised up its fiscal 2013 revenue guidance to a range of $253 million - $257 million from its prior issued forecast range of $247 million - $252 million.

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Rentrak Corp. (RENT) expects 80% annual revenue growth in its TV business for the next several years, with business line break-even operating income expected in the fourth quarter of fiscal 2014.

Revenue growth in the company's Box Office business is expected to grow 12% annually for the foreseeable future, while 20% annual revenue growth is seen in its OnDemand Everywhere business for the foreseeable future, excluding any impact from the company's new "Total Television" suite of products. Home Entertainment revenues for fiscal 2014 are expected to grow between 7% and 10%.

Q2 non-GAAP net income was $1.3 million or $0.11 per share versus loss $109,000 or $0.01 per share last year. Q2 GAAP loss narrowed to $633,000 or $0.05 per share from $18.2 million or $1.56 per share incurred a year ago.

Consolidated revenue increased 31% to $29.5 million from $22.5 million last year, reflecting 29% growth in Rentrak's Advanced Media and Information or AMI business, and 35% growth in its Home Entertainment business.

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Sprouts Farmers Market Inc. (SFM) raised its fiscal 2013 adjusted earnings outlook to a range of $0.45 per share - $0.46 per share from its prior range of $0.41 - $0.43 per share. Analysts now expect earnings of $0.43 per share for the full year.