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New York, NY -- (SBWIRE) -- 10/26/2012 -- LSI Corporation (NYSE:LSI) posted a net income per share (excluding one-time items but including stock-based compensation) of 13 cents in the third quarter of 2012, in line with the Zacks Consensus Estimate.Net income from continuing operations came in at $39.6 million or 7 cents per share versus a net income of $58.7 million or 10 cents per diluted share in the second quarter of 2012 and a net income of $29.3 million or 5 cents per diluted share in the year-ago quarter.The company generated revenues of $624 million in the third quarter of 2012, up 14.1% year over year but down 6.0% sequentially. Reported revenues came in toward the lower end of management's guidance range of $620 million and $660 million.
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Cliffs Natural Resources Inc. (NYSE:CLF) is an international mining and natural resources company. The Company is an iron ore producer and a producer of metallurgical coal. Cliffs Natural Resources Inc(NYSE:CLF) stock decreased 8.22% to $39.18 after the company reported third-quarter profit of $85.1 million, or $0.59 a share, from $601.2 million, or $4.15 a share, in the same quarter a year ago. Revenue fell 26% to $1.45 billion from $2.07 billion in the same quarter a year earlier. Analysts had predicted the company would post earnings of $1.05 a share of $1.69 in revenue.
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CA, Inc. (NASDAQ: CA) shares dropped 3.65% to $23.99 in after hour trading after the company posted a second quarter profit of $222 million, from $236 million in the same quarter a year earlier. On a per- share basis, earnings rose to $0.48 a share from $0.47 a share. Adjusted earnings from continuing operations rose to $0.59 a share from 51 cents. Revenue fell 4% to $1.15 billion. Analysts had projected a per-share profit of 59 cents on revenue of $1.17 billion.
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DeVry, Inc. (NYSE:DV) announced first quarter fiscal 2013 earnings of $0.49 per share, which beat the Zacks Consensus Estimate of $0.31 by 58%. Higher-than-expected cost savings and improving new student enrollments at several institutions drove the earnings beat. Earnings, however, declined 41% from the prior-year quarter due to lower year over year revenue. DeVry Inc.(NYSE:DV) shares gained 25.50% to $26.12 in the opening session after the company posted well above analysts’ estimate profit . For the first quarter, the company posted net income of $31.99 million or $0.49 per share, from $57.48 million or $0.83 per share in the year-ago quarter. Total revenue for the quarter declined 7% to $482.74 million from $519.04 million in the same period last year. Analysts expected the company to earn $0.30 per share on revenue of $482.67 million.
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