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Monday, April 24, 2006

StreetInsider.com After-Hours Movers 04/24


DOV Pharmaceutical Inc. (Nasdaq: DOVP) 42% LOWER; announced today high-level results recently developed from the first Phase III placebo-controlled clinical trial -- study 020 -- of its novel analgesic bicifadine in patients with chronic low back pain (CLBP). Bicifadine did not achieve a statistically significant effect relative to placebo on the primary endpoint of the study at any of the doses tested: 200 mg, 300 mg or 400 mg b.i.d.

Nutrisystem (Nasdaq: NTRI) 23.5% HIGHER; reports Q1 EPS of $0.63 (ex-items), 23 cents better than estimates. Revenues were $146.8 million vs. $125.13 million consensus.

Zoran Corp. (Nasdaq: ZRAN) 13% HIGHER; reports Q1 earnings of $0.26, ex-items, versus the consensus of $0.12. Revenues came in at $112.1 million versus the consensus of $104.3 million. Sees Q2 EPS of $0.26-$0.29 versus the consensus of $0.18

JDA Software Group Inc. (Nasdaq: JDAS) 10.6% LOWER; reported weaker-than-expected results. Signed a definitive agreement to acquire all of the outstanding equity of Manugistics (Nasdaq: MANU), a leading global provider of synchronized supply chain and revenue management solutions for approximately $211 million in cash, or $2.50 per share.

Atheros Communications Inc. (Nasdaq: ATHR) 10% HIGHER; reports Q1 EPS of $0.14, 3 cents better than estimates. Revenues were $61.1 million vs. $58.43 million consensus.

CNET Networks Inc. (Nasdaq: CNET) 9.8% LOWER; reports Q1 results and gives guidance

Sun Microsystems (Nasdaq: SUNW) 8.43% announced that its board of directors has appointed Jonathan Schwartz as the Company's chief executive officer. Schwartz, 40, succeeds Scott McNealy, 51, who will continue serving as chairman of the board

YRC Worldwide Inc. (Nasdaq: YRCW) 7.7% HIGHER; Tops Q1 Views; and guides above current consensus

Mindspeed Technologies Inc. (Nasdaq: MSPD) 6.85% LOWER; reports a Q2 loss of $0.04, 1 cent worse than estimates. Revenues were $34.6 million vs. $34.57 million consensus.

eDiets.com (Nasdaq: DIET) 6.5% HIGHER; blow-out results from NutriSystem (+24%)

Netflix (Nasdaq: NFLX) 6.4% HIGHER; reports Q1 EPS of $0.10 (ex-items), 4 cents better than estimates. Revenues were $224.1 million vs. $221.28 million consensus.

Radyne Corp. (Nasdaq: RADN) 6.4% HIGHER; reports Q1 EPS of $0.13, 4 cents better than estimates. Revenues were $31.2 million vs. $26.08 million consensus.

Biosite Incorporated (Nasdaq: BSTE) 5.2% HIGHER; reports Q1 EPS of $0.92 vs. consensus of $0.55.(may not be comparable) Revenues were $79.3 million vs. $78.71 million consensus. Sees FY06 EPS of $3.34 vs. previous guidance of $3.12.

CON-WAY INC (NYSE: CNW) INDICATED HIGHER; reports Q1 EPS of $0.83, 7 cents better than estiamtes. Revenues came in at $1.06 billion versus the consensus of $1.05 billion. Sees Q2 EPS of $1.20-$1.28 versus the consensus of $1.19.

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