Market Update After Hours January 25

Market Summary

Dow Jones 13,895.98 70.65 -0.51%
S&P 500 1,502.96 8.14 -0.54%
Nasdaq 3,149.71 19.33 -0.62%


Synaptics, Incorporated (NASDAQ:SYNA) 36.43 +3.88 (11.92%) announced that for the third quarter of 2013, it expects revenue to be in the range of $140.0 million to $148.0 million. According to estimates, analysts are expecting the company to report revenue of $134 million for the third quarter of 2013.

Lattice Semiconductor (NASDAQ:LSCC) 4.36 +0.46 (11.79%) announced financial results for the fiscal fourth quarter ended December 29, 2012. For the fourth quarter, revenue was $65.9 million, a decrease of 7.1% from $70.9 million reported in the prior quarter, and a decrease of 6.1% from the $70.2 million reported in the same quarter a year ago. The company states that the results for the fourth quarter of 2012 were in line with the revised guidance.

Oshkosh Corporation (NYSE:OSK) 41.08 +6.50 (18.80%) has raised its earnings forecast for the current fiscal year, in the wake of stronger sales for its construction equipment. The company now expects to make between $2.80-and-3.05 a share, up from its previous range of $2.35-to-2.60.

Electronics For Imaging, Inc. (NASDAQ:EFII) 22.61 +2.69 (13.50%) reported increase in fourth-quarter net income to $56.6 million or $1.19 per share, from $11.4 million or $0.25 per share for the same period in 2011. Analysts were estimating earnings of $0.36 per share on revenues of $168.63 million for the quarter.

QLogic Corporation (NASDAQ:QLGC) 11.80 +0.98 (9.06%) reported third quarter income from continuing operations on a non-GAAP basis of $0.20 per share after the close Thursday, compared to $0.34 per share a year ago. The estimate was for EPS of $0.18. Revenues were $119.4 million, compared to $142.8 million last year. The estimate was for revenues of $117.45 million.


Northfield Bancorp Inc. (NASDAQ:NFBK) 11.45 -4.19 (-26.79%) reported basic earnings per common share of $0.06 and $0.30 for the quarter and year ended December 31, 2012, respectively, as compared to $0.07 and $0.30 for the quarter and year ended December 31, 2011, respectively.

Select Comfort Corp. (NASDAQ:SCSS) 23.16 -5.04 (-17.87%) reported fourth quarter net income of $0.22 per share after the close Thursday, down from $0.27 per share in the prior year. The consensus estimate was for EPS of $0.32.

ScanSource, Inc. (NASDAQ:SCSC) 29.06 -4.93 (-14.50%) reported second quarter adjusted net income of $0.64 per share after the bell Thursday, compared to the consensus estimate of $0.62.

8×8, Inc. (NASDAQ:EGHT) 7.08 -0.86 (-10.83%) had announced record financial operating results for the third quarter of fiscal 2013 ended December 31, 2012. Northland Capital cut shares of 8×8 (NASDAQ: EGHT) from an outperform rating to a market perform rating. They now have a $7.50 price target on the stock

Iteris Inc. (NYSEAMEX:ITI) 1.73 -0.11 (-5.98%) reported financial results for its fiscal third quarter ended December 31, 2012. Total revenues for the fiscal third quarter decreased 6% to $14.0 million compared to $14.9 million in the same year-ago quarter.

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Ed Liston is a senior contributing editor at An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.