Lakeway, TX -- (SBWIRE) -- 02/08/2013 -- Bestdamnpennystocks, 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:-
Nuance Communications Inc. (NASDAQ:NUAN) stock fell 16.01% to $20.62 in the pre-market hour after the company yesterday reported a net loss of $22.10 million or $0.07 per share for the first quarter, compared to net income of $9.34 million or $0.03 per share in the prior-year quarter. Adjusted net income for the quarter was $112.96 million or $0.35 per share, compared to $108.55 million or $0.34 per share in the year-ago quarter. Analysts expected the company to report earnings of $0.36 per share for the quarter. Revenue grew 28.2% to $462.27 million from $360.64 million last year. Meanwhile, adjusted revenues for the quarter increased 28.9 percent to $492.42 million from $382.05 million in the same quarter last year, and analysts' consensus estimate.
How Should Investors Trade NUAN After The Latest Earnings Report? Find Out Here
Coinstar, Inc. (NASDAQ:CSTR) shares declined 8.64% to $47.60 in the pre-market hour after the company yesterday reported a fiscal fourth-quarter earnings of $22.9 million, or 75 cents a share, on revenue of $564.1 million, as compared with earnings of $31.5 million, or $1.04 a share, on $466 million in sales in the year-ago period. Analysts had forecast Coinstar to earn 74 cents a share on $577 million in revenue for the quarter ended December 31.
Is CSTR a Buy After The Solid Earnings? Get Free Trend Analysis Here
Riverbed Technology, Inc. (NASDAQ:RVBD) shares dropped 13.43% to $17.40 in the pre-market hour after the company yesterday reported fourth-quarter net income of $4.78 million or $0.03 per share, from $20.15 million or $0.12 per share in the same quarter last year. Non-GAAP net income for the quarter was $46.46 million or $0.29 per share, compared to $41.11 million or $0.25 per share in the same quarter last year. Analysts expected the company to report earnings of $0.29 per share for the quarter. Total revenues for the quarter rose to $237.38 million from $202.84 million in the prior year quarter. Analysts had consensus revenue estimate of $234.77million for the quarter.
How Should Investors Trade RVBD After The Recent Movement? Find Out Here
BPZ Resources, Inc. (NYSE:BPZ), on Jan. 22, announced its 2013 capital investment program and provided a Block Z-1 operational update. The Company plans to spend approximately $27 million net in 2013 on capital and exploratory expenditures, excluding capitalized interest, for its three onshore blocks in which the Company holds 100% working interests, as the capital and exploratory expenditures for offshore Block Z-1 are fully carried by Pacific Rubiales Energy Corp. (TSX:PRE) (BVC:PREC) (BOVESPA:PREB) under the joint venture agreements.
Get Latest News, Updates and Reports For Free On BPZ Here
Meritor Inc (NYSE:MTOR), on Jan. 30, posted a first-quarter GAAP net loss from continuing operations of $16 million or $0.17 per share, versus a $13 million or $0.13 per share loss in the prior-year quarter. Adjusted loss from continuing operations totaled $11 million, or $0.11 per share, compared with an income of $11 million, or $0.12 per share, a year ago. Quarterly net loss attributable to Meritor reduced to $21 million, or $0.22 per share, from a $22 million, or $0.23 per share loss, in 2011. The company recorded $891 million in sales, down 23 percent from last year's $1.16 billion.
How Should Investors Trade MTOR After The Latest Earnings Report? Find Out Here
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