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Market Update After Hours January 25

Friday, January 25, 2013 11:22 PM
Market Summary
Dow Jones 13,895.98 70.65 -0.51%
S&P 500 1,502.96 8.14 -0.54%
Nasdaq 3,149.71 19.33 -0.62%
Gainers Synaptics, Incorporated (NASDAQ:SYNA) 36.43 +3.88 (11.92%) announced that for the third quarter of 2013, it expects revenue to be in the range of $140.0 million to $148.0 million. According to estimates, analysts are expecting the company to report revenue of $134 million for the third quarter of 2013. Lattice Semiconductor (NASDAQ:LSCC) 4.36 +0.46 (11.79%) announced financial results for the fiscal fourth quarter ended December 29, 2012. For the fourth quarter, revenue was $65.9 million, a decrease of 7.1% from $70.9 million reported in the prior quarter, and a decrease of 6.1% from the $70.2 million reported in the same quarter a year ago. The company states that the results for the fourth quarter of 2012 were in line with the revised guidance. Oshkosh Corporation (NYSE:OSK) 41.08 +6.50 (18.80%) has raised its earnings forecast for the current fiscal year, in the wake of stronger sales for its construction equipment. The company now expects to make between $2.80-and-3.05 a share, up from its previous range of $2.35-to-2.60. Electronics For Imaging, Inc. (NASDAQ:EFII) 22.61 +2.69 (13.50%) reported increase in fourth-quarter net income to $56.6 million or $1.19 per share, from $11.4 million or $0.25 per share for the same period in 2011. Analysts were estimating earnings of $0.36 per share on revenues of $168.63 million for the quarter. QLogic Corporation (NASDAQ:QLGC) 11.80 +0.98 (9.06%) reported third quarter income from continuing operations on a non-GAAP basis of $0.20 per share after the close Thursday, compared to $0.34 per share a year ago. The estimate was for EPS of $0.18. Revenues were $119.4 million, compared to $142.8 million last year. The estimate was for revenues of $117.45 million. Losers Northfield Bancorp Inc. (NASDAQ:NFBK) 11.45 -4.19 (-26.79%) reported basic earnings per common share of $0.06 and $0.30 for the quarter and year ended December 31, 2012, respectively, as compared to $0.07 and $0.30 for the quarter and year ended December 31, 2011, respectively. Select Comfort Corp. (NASDAQ:SCSS) 23.16 -5.04 (-17.87%) reported fourth quarter net income of $0.22 per share after the close Thursday, down from $0.27 per share in the prior year. The consensus estimate was for EPS of $0.32. ScanSource, Inc. (NASDAQ:SCSC) 29.06 -4.93 (-14.50%) reported second quarter adjusted net income of $0.64 per share after the bell Thursday, compared to the consensus estimate of $0.62. 8x8, Inc. (NASDAQ:EGHT) 7.08 -0.86 (-10.83%) had announced record financial operating results for the third quarter of fiscal 2013 ended December 31, 2012. Northland Capital cut shares of 8×8 (NASDAQ: EGHT) from an outperform rating to a market perform rating. They now have a $7.50 price target on the stock Iteris Inc. (NYSEAMEX:ITI) 1.73 -0.11 (-5.98%) reported financial results for its fiscal third quarter ended December 31, 2012. Total revenues for the fiscal third quarter decreased 6% to $14.0 million compared to $14.9 million in the same year-ago quarter.

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