Akamai Technologies, Inc. (NASDAQ:AKAM) Slumps on Poor Earnings - AKAM, ALL, ARAY, ARRS

Lakeway, NY -- (SBWIRE) -- 02/07/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Akamai Technologies, Inc. (NASDAQ:AKAM) declined 15.70% to $35.05 after market trading hours. The Company reported fourth quarter normalized net income of $0.54 per share compared to $0.45 per share in the prior year period. The consensus estimate was for EPS of $0.50.

The Board of Directors has authorized a $150 million extension of its share repurchase program.

How Should Investors Trade AKAM After The Recent Turmoil? Get Special Trend Analysis Coverage Here

The Allstate Corporation (NYSE:ALL) went up 2.69% to $45.50 after market trading hours. The Company posted fourth quarter net income of $394 million or 81 cents per share compared to $712 million or $1.40 per share in the prior year period.

Get Latest News, Free Trend A nalysis On ALL Here

Accuray Incorporated (NASDAQ:ARAY) closed at $5.07. The Company released second quarter results. GAAP revenue was $77.8 million compared to total GAAP revenue of $106.4 million in the prior year period. Consolidated GAAP net loss attributable to stockholders for the second quarter of fiscal 2013 was $29.2 million or $0.40 per share compared to $10.4 million or $0.15 per share inthe second quarter of the prior year.

Is ARAY a Buy After The Solid Earnings? Find Out Here

Arris Group, Inc. (NASDAQ:ARRS) slipped 0.42% to $16.45 after market trading hours. The Company posted fourth quarter profit of $14.79 million or $0.13 per share compared to loss of $59.62 million or $0.51 per share in the fourth quarter of 2011. The adjusted net income for the fourth quarter was $0.28 per share compared to $0.21 per share in the previous year period. Analysts expected earnings of $0.28 per share for the quarter. The revenues for the quarter were $344.0 million compared to $281.1 million in the prior year period, while analysts estimated revenues of $354.29 million for the quarter.

Should Investors Hold ARRS After The Earnings? Get Special Trend Analysis Here

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