O'Reilly Automotive Inc (NASDAQ:ORLY) Soars on Earnings - ORLY, APPY, LF, AKAM, TQNT

Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- 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:-

O'Reilly Automotive Inc (NASDAQ:ORLY) stock gained 9.04% to $100.83 after the company yesterday reported fourth-quarter net income of $132.80 million or $1.14 per share, as compared with $122.99 million or $0.94 per share in the comparable quarter last year. Adjusted net income for the quarter rose to $133 million or $1.14 per share from $121 million or $0.93 per share in the prior year period. Sales for the quarter rose 7% to $1.49 billion from $1.39 billion in the year-ago quarter. Analysts expected earnings of $1.08 per share on sales of $1.48 billion.

Is ORLY after A Solid Pop Up? Find Out Here

Venaxis Inc (NASDAQ:APPY) shares climbed 5.16% to $2.65 in the early hour after the company today announced it has signed its first European commercial development agreement with Netherlands-based EMELCA Bioscience for the initial phase of Venaxis’ EU launch. Under the agreement, EMELCA will help Venaxis identify and engage with key opinion leaders and potential customers, as well as assess key market opportunities for APPY1 within the Benelux Territories, which includes Belgium, the Netherlands, and Luxembourg.

How Should Investors Trade APPY After The recent Report? Find Out Here

LeapFrog Enterprises, Inc. (NYSE:LF) shares fell 1.78% to $8.83 after the company on Feb 6, reported a fourth quarter profit of $62.3 million, or 89 cents a share, up from $32.8 million, or 49 cents a share, a year earlier. Net sales grew 16% to $244.7 million, as the top line climbed 11% domestically and 35% internationally. Analysts expected LeapFrog to report a profit of 49 cents on revenue of $225 million. Gross margin widened to 44.7% from 44.5%.

Why Should Investors Consider Buying LF Now? Find Out Here

Akamai Technologies, Inc. (NASDAQ:AKAM) shares dropped 17% to $34.56 after the company yesterday posted fourth-quarter GAAP net income of $68.3 million, or $0.38 per share, compared to GAAP net income of $60.1 million, or $0.33 per share in the year ago quarter. The company generated normalized net income of $98.1 million, or $0.54 per share, in the fourth quarter of 2012. Analysts expected the company to report earnings of $0.50 per share. Revenue for the latest fourth quarter was $377.87 million, up 17 percent from $323.74 million last year, while analysts had a consensus revenue estimate of $381.32 million for the quarter.

How Should Investors Trade AKAM After The recent Report? Find Out Here

TriQuint Semiconductor (NASDAQ:TQNT) shares decreased 11.05% to $4.75 after the company yesterday reported fourth-quarter net loss of $3.8 million or $0.02 per share, compared with net income of $4.3 million or $0.03 per share last year. Adjusted earnings for the quarter were $6 million or $0.04 per share. Revenues for the quarter were $233.6 million, compared with $227 million a year ago. Analysts estimated earnings of $0.02 per share on revenues of $222.81 million for the quarter.

Additionally, Needham & Company downgraded TriQuint from Buy to Hold following Q4 results.

Is TQNT Still a Buy After The Recent momentum? Find Out Here

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