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Meru Networks, Inc. (Nasdaq: MERU) 41.7% HIGHER; reported Q4 EPS of ($0.13), $0.08 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $28.2 million versus the consensus estimate of $26.07 million.
Ventrus Biosciences, Inc. (Nasdaq: VTUS) 21.7% LOWER; announced the pricing of concurrent, separate underwritten offerings of (i) 5,800,000 shares of its common stock at a price to the public of $2.50 for each share of common stock, for expected gross proceeds of approximately $14,500,000, and (ii) 220,000 shares of its Series A Non-Voting Convertible Preferred Stock (“Series A”) at a price to the public of $25.00 for each share of Series A, for expected gross proceeds of approximately $5,500,000.
BioClinica Inc. (Nasdaq: BIOC) 19.4% HIGHER; entered into a definitive agreement to be acquired by a holding company controlled by JLL Partners, Inc., a leading private equity firm. Click here for more color.
Key Tronic Corp (Nasdaq: KTCC) 18.5% LOWER; reported Q2 EPS of $0.33, versus $0.30 reported last year. Revenue for the quarter came in at $94.6 million, versus $84.5 million reported last year. Sees Q3 2013 EPS of $0.24 – $0.30 and revenue of $83 – $90 million.
Multimedia Games (Nasdaq: MGAM) 18.3% HIGHER; reported Q1 EPS of $0.24, $0.11 better than the analyst estimate of $0.13. Revenue for the quarter came in at $44.3 million versus the consensus estimate of $39.92 million. Sees FY2013 EPS of $0.79-$0.84, versus prior guidance of $0.74-$0.79 and the consensus of $0.66. The company also sees FY2013 revenue of $172-$177 million, versus prior guidance of $165-$170 million and the consensus of $172.00 million.
Freescale Semiconductor (NYSE: FSL) 17.0% HIGHER; reported Q4 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $957 million versus the consensus estimate of $942.16 million. Sees Q1 2013 revenue of $945-$985 million, versus the consensus of $933.14 million.
Hutchinson Technology, Inc. (Nasdaq: HTCH) 17.0% HIGHER; reported Q1 EPS of ($0.54), $0.05 worse than the analyst estimate of ($0.49). Revenue for the quarter came in at $63.7 million versus the consensus estimate of $64.43 million.
Meritor (NYSE: MTOR) 16.3% LOWER; reported Q1 EPS of ($0.11), $0.15 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $891 million versus the consensus estimate of $940.73 million. Sees FY2013 revenue of $3.8 billion, versus prior guidance of $4.0 billion and the consensus of $4.01 billion.
Copano Energy, L.L.C. (Nasdaq: CPNO) 14.5% HIGHER; Kinder Morgan Energy Partners, L.P. (NYSE: KMP) agreed to acquire Copano Energy in a deal valued at $5 billion.
Hawaiian Holdings (Nasdaq: HA) 13.0% LOWER; reported Q4 EPS of $0.00, $0.10 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $493 million versus the consensus estimate of $502.67 million.
Audiocodes Ltd (Nasdaq: AUDC) 11.1% LOWER; reported Q4 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $32.8 million versus the consensus estimate of $32.93 million.
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