Riverbed Technology, Inc. (NASDAQ:RVBD) Slumps After Earnings - RVBD, SNCR, SunPower Corporation, TSRA

Lakeway, NY -- (SBWIRE) -- 02/08/2013 -- 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:-

Riverbed Technology, Inc. (NASDAQ:RVBD) moved down 8.51% to $18.39 after market trading hours. The Company announced fourth quarter results. The non-GAAP net income was $0.29 per share compared to $0.25 per share in the prior year period. The consensus estimate was for EPS of $0.29.

What Should Be The Fair Value Of RVBD After today’s Movement? Let’s Find Out Here

Synchronoss Technologies, Inc. (NASDAQ:SNCR) closed at $24.55. The Company announced fourth quarter results. The net revenues rose 18% to $73.2 million. Gross profit was $41.9 million and income from operations was $6.6 million in the fourth quarter of 2012. Net income applicable to common stock was $3.4 million. The diluted earnings per share were $0.09 compared to $0.21 in the fourth quarter of 2011.

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

SunPower Corporation (NASDAQ:SPWR) moved down 4.17% to $8.05 after market trading hours. The Company released fourth quarter results. The loss was $144.8 million or $1.22 per share compared to loss of $93 million or 94 cents per share in the prior year period. Revenue increased 8.5% to $678.5 million. Gross margin widened to 6.9% from 6.8%. Total operating expenses were up 43%.

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

Tessera Technologies, Inc. (NASDAQ:TSRA) closed at $17.55. The Company reported fourth quarter net loss of $19.6 million or $0.38 per share compared to net income of $2.6 million or $0.05 per share in the previous year period. Total revenues were $53.24 million versus $56.73 million in the previous quarter last year. Additionally, the board of directors declared a cash dividend of $0.10 per share of common stock for the first quarter, payable on March 28, 2013.

Get Free Trend Analysis On TSRA Here

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