The top after-market NASDAQ stock market gainers are: Rubicon Technology, Pinnacle Airlines, Hollysys Automation Technologies, Cray, and Inspire Pharmaceuticals. The top after-market NASDAQ stock market losers are: Itron, Columbia Laboratories, First Financial Northwest, Mattson Technology, and NetApp.
Rubicon Technology, Inc. (RBCN) stock jumped 20.75 percent to $25.49 in the after-market trading, as its first quarter earnings guidance topped Street view. The company expects first quarter earnings of 62 cents to 65 cents a share and revenue of $34 million to $36 million, while Street predicts profit of 52 cents a share on revenue of $31.30 million.
The company posted fourth quarter profit of $15.3 million or 64 cents a share, compared to a loss of $0.76 million or 4 cents a share last year. Revenue grew 44 percent to $29.5 million. Analysts had expected profit of 50 cents a share on revenue of $26.79 million.
Shares of Pinnacle Airlines Corp. (PNCL) climbed 11.03 percent to $7.75 in the after-hours trading.
Hollysys Automation Technologies, Ltd (HOLI) stock grew 7.65 percent to $17.50 in the after-market session, as it raised fiscal 2011 revenue guidance above Street view. The company increased its 2011 revenue guidance to range of $243 million to $247 million from previous forecast of $233 million to $237 million, while Street predicts $238.73 million. The company raised its 2011 earnings outlook to range of $39 million to $41 million from previous range of $38 million to $39 million.
Hollysys reported second quarter adjusted profit of $15 million or 27 cents a share, up from $8 million ot 16 cents a share last year. Revenue rose to $74.3 million from $46.2 million. Analysts had expected profit of 19 cents a share on revenue of $63.01 million.
Shares of Cray Inc. (CRAY) gained 4.72 percent to $8.65 in the after-hours session, as its fourth quarter earnings topped Street view. Profit was $52.1 million or $1.46 a share, up from $3.0 million or $0.08 a share last year. Revenue soared to $219.4 million from $88.2 million. Analysts had expected profit of $1.27 a share on revenue of $213.33 million.
Cray expects first quarter revenue of $35 million to $40 million, while analyst predicts $35 million. The company anticipates full year 2011 revenue of $320 million to $340 million, while Street analysts predict $340.34 million. Revenue is expected to ramp through the third quarter with about half of the annual revenue being recognized in the fourth quarter. Cray expects to be profitable for 2011.
Inspire Pharmaceuticals, Inc. (ISPH) stock increased 4.03 percent to $4.39 in the after-market trading, ahead of its fourth quarter earnings. Analysts are expecting Inspire to post a loss of 12 cents a share on revenue of $28.43 million.
Shares of Itron, Inc. (ITRI) plunged 6.46 percent to $59.51 in the after-hours session, as its fourth quarter profit missed Street view. Adjusted profit was $38.7 million or $0.95 a share, up from $33.5 million or $0.82 a share last year. Revenue rose to $620.6 million from $476.8 million. Analysts had expected profit of $1.05 a share on revenue of $576.52 million. The company expects 2011 adjusted profit of $3.95 to $4.40 a share and revenue of $2.15 billion to $2.30 billion, while Street predicts profit of $4.38 a share on revenue of $2.33 billion.
Columbia Laboratories Inc. (CBRX) stock slid 5.54 percent to $3.07 in the after-market session.
Shares of First Financial Northwest, Inc. (FFNW) fell 4.91 percent to $5.04 in the after-hours trading.
Mattson Technology Inc. (MTSN) stock declined 4.49 percent to $2.55 in the after-market trading.
Shares of NetApp, Inc. (NTAP) decreased 4.07 percent to $56.16 in the after-hours session, as it guided fourth quarter earnings below Street view. The company expects fourth quarter adjusted profit of 49 cents to 53 cents a share and revenue of about $1.38 billion, plus or minus 2 percent, which equates to about 15 percent to 20 percent year over year revenue growth. Street predicts profit of 54 cents a share on revenue of $1.38 billion.
NetApp posted third quarter adjusted earnings of $210.6 million or 52 cents a share, up from $143.8 million or 40 cents a share last year. Revenue rose to $1.27 billion from $1.01 billion. Analysts had expected profit of 50 cents a share on revenue of $1.28 billion.