The top after-market Nasdaq gainers Wednesday were Tesla Motors Inc, Green Mountain Coffee Roasters Inc, Ctrip.com International Ltd., Groupon Inc, and SolarCity Corp. The top after-market Nasdaq losers were Monster Beverage Corp., LivePerson Inc, Orthofix International N.V., Activision Blizzard Inc. and SS and C Technologies Holdings Inc.
Tesla Motors Inc. (NASDAQ:TSLA) shares climbed 23.69 percent to $69.00 in post-market trading after posting its first quarter profit in ten years. The company reported first quarter profit of $11.25 million, compared to a loss of $89.87 million in the same period last year. Adjusted earnings for the quarter were $15 million or $0.12 per share versus analysts’ estimate of $0.04 per share for the quarter. Revenues increased to $561.79 million from $30.17 million a year ago. Analysts had expected revenues of $492.02 million.
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares rose 16.24 percent to $69.14 in post-market trading. Coffee retailer Starbucks Coffee Co. (SBUX) and Green Mountain Coffee Roasters Inc. on Wednesday announced an expansion of their partnership for the manufacturing, distribution, and sale of Starbucks- and-Tazo-branded single serve packs for another five years. The company also reported robust second quarter earnings that rose 42 percent to $132.4 million, or $0.87 a share, from $93 million, or $0.58 a share, last year. Analysts had projected an EPS of $0.73.
Ctrip.com International, Ltd. (NASDAQ:CTRP) shares advanced 13.45 percent to $27.00 in post-market trading. The company on Tuesday reported third quarter profit of $37.9 million or $0.46 per share, up from $29.6 million or $0.34 per share in same period last year. Analysts polled by Thomson Reuters expected the company to earn $0.40 per share for the quarter. Revenues improved to $156.47 million from $129.78 million reported in the same period last year topping analysts’ estimate of revenues of $148.25 million.
Groupon Inc. (NASDAQ:GRPN) shares gained 11.09 percent to $6.21 in post-market trading. The company reported adjusted EPS of $0.03 per share in line with the mean analysts' estimate of $0.03 per share. Revenues rose 7.53 percent to $601.4 million beating analysts’ estimate of $588.92 million.
SolarCity Corp. (NASDAQ:SCTY) shares surged 4.35 percent to $25.21 in post-market trading. The company shares have a 52-week low of $9.20, a 52-week high of $28.23 billion and $1.81 billion in market capitalization.
Monster Beverage Corp. (NASDAQ:MNST) shares plunged 12.41 percent to $49.90 in post-market trading. The company reported first quarter net income of $0.37 per share after the close on Wednesday, down from $0.41 per share a year ago. The consensus estimate was for EPS of $0.46.
LivePerson Inc. (NASDAQ:LPSN) shares lost 11.76 percent to $11.25 in post-market trading. The company reported a loss of $200,000, or break even on a per-share basis, for the quarter ended March 31 compared to net income of $3.1 million, or $0.06 per share reported in its first quarter last year. The adjusted earnings were $0.06 per share on revenues of $42.5 million for the quarter, versus $0.09 per share last year. Analysts polled by FactSet expected the company to earn adjusted earnings of $0.07 per share on revenues of $42.5 million.
Orthofix International N.V. (NASDAQ:OFIX) shares declined 12.15 percent to $6.29 in post-market trading. The company announced that for second quarter of 2013, it expects revenues to be between $104 million and $107 million below analysts’ expectation of $120 million revenues for second quarter of 2013.
Activision Blizzard Inc. (NASDAQ:ATVI) shares dropped 6.29 percent to $14.30 in post-market trading. The company reported first quarter EPS of $0.17, $0.06 better than analysts' estimate of $0.11, but expects to post FY2013 EPS of $0.82, versus prior guidance of $0.80 and against a consensus estimate of $0.85.
SS and C Technologies Holdings Inc (NASDAQ:SSNC) shares lost 4.39 percent in post-market trading. The company announced Wednesday a public offering of its common stock. The size of the offering is 7,500,000 shares of common stock offered by investment funds, affiliated with The Carlyle Group.