The top pre-market NASDAQ stock market gainers are: Hansen Medical, Shutterfly, Green Mountain Coffee Roasters, Netlist and Entropic Communications. The top pre-market NASDAQ stock market losers are Intersil Corp, Travelzoo, ON Semiconductor Corp, Ampal-American Israel and Teva Pharmaceutical Industries.
Hansen Medical Inc. (NASDAQ:HNSN) shares surged 37.97 in pre-market trading session on Thursday after the company said Philips acquired the rights to develop and market its technology in the non-robotic vascular, endoluminal and orthopedic fields, for an upfront payment of $29 million.
Shutterfly, Inc. (NASDAQ:SFLY) shares climbed 20.64 percent to $41.39 in pre-market trading session as its fiscal 2011 guidance exceeded Street expectations. The company guided fiscal 2011 earnings of $0.74 to $0.81 a share, adjusted profit of $1.16 to $1.24 a share and reevnue of $363 million to $373 million, while Street predicts profit of $0.67 a share on revenue of $343.43 million.
The company posted fourth quarter profit of $32.5 million or $1.09 a share, up from $24.1 million or $0.88 a share last year. Adjusted profit rose to $35.2 million or $1.18 a share from $27.6 million or $1.01 a share. Revenue increased to $166.2 million from $131.1 million. Analysts had expected profit of $0.95 a share on revenue of $154.46 million.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) stock jumped 16.50 percent to $38.54 in the pre-market trading, as investors were pleased with its guidance for second quarter and fiscal 2011 that exceeded Street expectations.
Green Mountain expects second quarter adjusted earnings of 38 cents to 42 cents a share and sales growth of 92 percent to 97 percent, while Street analysts predict profit of 33 cents a share, on revenue of $525.93 million with sales growth of 61.90 percent.
Netlist, Inc. (NASDAQ:NLST) shares advanced 13.89 percent to $2.46 in pre-market trading session. The company said its HyperCloud memory module has achieved independent industry functional certification from Computer Memory Test Labs, a leading independent test lab for memory modules and motherboard compatibility testing.
Computer Memory Test Labs has confirmed Netlist's 8GB and 16GB HyperCloud memory products successful functionality on, and compatibility with, standard Intel Xeon 5600 server motherboards.
Entropic Communications, Inc. (NASDAQ:ENTR) shares gained 5.36 percent to $11.60 in pre-market trading session. The company said expects first quarter non-GAAP earnings of $0.20 to $0.21 per share on revenue of $71.0 million to $72.0 million, while analysts expected earnings of $0.19 per share on revenue of $67.9 million.
Intersil Corp. (NASDAQ:ISIL) shares declined 7.88 percent to $13.80 in pre-market trading session as it guided first quarter earnings below consensus. The company guides first quarter adjusted earnings of 13 cents to 16 cents a share and reveue of $192 million to $202 million, while Street predicts profit of 17 cents a share on revenue of $203.99 million.
Travelzoo Inc. (NASDAQ:TZOO) shares declined 9.72 percent to $47.63 in pre-market trading session. The company reported fourth quarter earnings per share of $0.23 compared to $0.32 per share in the same quarter a year-ago.
ON Semiconductor Corp. (NASDAQ:ONNN) shares declined 3.57 to $11.09 in pre-market trading session. Including results from SANYO Semiconductor, the company expects first quarter revenue of $830.0 million to $875.0 million against analysts’ expectations of $838.6 million revenue.
Ampal-American Israel Corp. (NASDAQ:AMPL) shares declined 2.36 percent to $2.07 in pre-market trading session.
Teva Pharmaceutical Industries Ltd. (NASDAQ:TEVA) shares declined 1.17 percent to $54.73 in pre-market trading session.