The following companies reported earnings after the bell on Nov 25.
Analog Devices, Inc. (ADI)
Nimble Storage, Inc. (NMBL)
CNinsure Inc, (CISG)
TiVo Inc (TIVO)
Simulations Plus, Inc. (SLP)
Books-A-Million, Inc. (BAMM)
Mecox Lane Limited (MCOX)
21Vianet Group, Inc. (VNET)
Veeva Systems Inc (VEEV)
Hewlett-Packard Co. (HPQ)
QAD Inc. (QADA)
China Cord Blood Corporation (CO)
Infoblox Inc (BLOX)
AeroVironment, Inc. (AVAV)
Cubic Corp (CUB)
Perfect World Co Ltd (PWRD)
Ctrip.com International Ltd (CTRP)
Xunlei Limited (XNET)
Berkshire Income Realty, Inc. (BIRPRA)
1. Analog Devices, Inc. (ADI) reported net income for the fourth quarter of $108.7 million or $0.34 per share, compared to $201.6 million or $0.64 per share for the year-ago quarter.
Excluding items, adjusted earnings for the latest quarter were $0.69 per share.
Revenue for the fourth quarter rose 20% to $814.25 million from $678.13 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn $0.68 per share on revenue of $804.58 million for the fourth quarter. Analysts' estimates typically exclude special items.
Looking forward to the first quarter, the company forecasts revenue of $745 million to $775 million, earnings of $0.50 to $0.56 per share and adjusted earnings of $0.58 to $0.64 per share. Analysts currently expect the company to earn $0.62 per share on revenue of $766.36 million for the first quarter.
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2. Nimble Storage, Inc. (NMBL) reported a net loss for the third quarter of $28.4 million or $0.39 per share, compared to a net loss of $10.1 million or $0.48 per share for the year-ago quarter.
Adjusted loss per share for the latest quarter was $0.15.
Revenue for the third quarter jumped 77% to $59.10 million from $33.41 million a year ago.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share on revenue of $57.75 million for the third quarter. Analysts' estimates typically exclude special items.
Looking forward to the fourth quarter, the company forecasts revenue of $65 million to $67 million and adjusted loss of $0.14 to $0.15 per share. Analysts currently expect the company to report a loss of $0.13 per share on revenue of $64.32 million for the fourth quarter.
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3. CNinsure Inc, (CISG)
Q3 Total net revenues were RMB542.3 million (US$88.4 million) for the third quarter of 2014, representing an increase of 25.9% from RMB430.6 million for the corresponding period in 2013.
Q3 Net income attributable to the Company's shareholders was RMB34.8 million (US$5.7 million) for the third quarter of 2014, representing an increase of 20.0% from RMB29.0 million for the corresponding period in 2013.
Q3 net income per ADS was RMB0.69 (US$0.11) for the third quarter of 2014 vs RMB0.58 for the corresponding period in 2013; Consensus $0.05
Q4 Outlook
CNinsure expects its total net revenues to grow by approximately 20% for the fourth quarter of 2014
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4. TiVo Inc (TIVO) reported third-quarter net earnings of $6.3 million or $0.06 per share compared with $12.5 million or $0.10 per share last year.
Analysts polled by Thomson Reuters estimated earnings of $0.07 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter were $118.4 million compared with $117.3 million in the prior year.
Service and technology revenues for the quarter were $88.1 million compared with $81.7 million last year. Analysts estimated revenues of $87.9 million for the quarter.
For the fourth quarter, the company expects net income of $2 million to $5 million and service and technology revenues of $87 million to $90 million. Analysts expect earnings of $0.07 per share on revenues of $90.5 million.
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5. Simulations Plus, Inc. (SLP)
Q4 Revenues were $2.0 million, representing an increase of 27.4% over $1.6 million in 4Q13
Q4 Net income was $0.25 million, representing a decrease of 29.8% over $0.35 million in 4Q13.
Q4 EPS was $0.013, representing a decrease of 10.4% over $0.015 in 4Q13
Analysts expected the company to report net income of $0.02 per share on revenues of $1.81 million for the period.
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6. Books-A-Million, Inc. (BAMM)
Revenue for Q3 increased 1.2% to $101.2 million, compared with revenue of $100.0 million in the year earlier period.
Q3 Comparable store sales increased 1.8% compared with the year ago period.
Q3 Net loss attributable to Books-A-Million was $6.9 million, or $0.50 per share, compared with a net loss of $6.9 million, or $0.47 per share, in the year earlier period.
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7. Mecox Lane Limited (MCOX), a multi-brand and multi-channel retailer of health, beauty and lifestyle products in China, said third-quarter net loss was $0.2 million, compared to a net loss of $5.0 million in the third quarter of 2013.
Earnings from continuing operations per ADS were $0.01, in comparison with loss per ADS of $0.04 last year.
Non-GAAP net loss was $0.1 million, compared to net loss of $3.9 million in the previous year.
Net revenue was $13.1 million, up 23.1 percent from last year's $10.6 million, due to the launch of several new health, beauty and lifestyle products along with positive results of related promotional offers.
The stock closed down 2.2 percent on Tuesday at $3.16, and surged 31 percent in the extended trade.
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8. 21Vianet Group, Inc. (VNET) reported net profit for the third quarter of RMB39.6 million orRMB0.54 per ADS, compared to a net loss of RMB13.2 million or RMB0.24 per ADS for the year-ago quarter.
Adjusted net profit for the third quarter was RMB16.0 million or RMB0.24 per ADS, compared to RMB29.2 million or $0.48 per ADS in the prior year quarter.
Net revenues for the third quarter rose 51.5% to RMB778.53 million from RMB514.02 million a year ago.
Analysts polled by Thomson Reuters expected the company to earn RMB0.50 per ADS on revenue of RMB774.35 million for the third quarter. Analysts' estimates typically exclude special items.
For the fourth quarter, the Company expects net revenues to be in the range of RMB812 million to RMB848 million, representing approximately 61% growth year over year at the mid point. Analysts currently expect the company to post revenue of RMB901.06 million for the fourth quarter.
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9. Veeva Systems Inc (VEEV), a provider of cloud-based software for the life sciences industry, Tuesday reported third-quarter net earnings to stockholders of $10.2 million or $0.07 per share compared with $6.4 million or $0.05 per share last year.
Excluding items, adjusted earnings for the quarter were $0.09 per share compared with $0.06 per share a year ago.
Revenues for the quarter were $83.8 million compared with $55 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.08 per share on revenues of $79 million for the quarter. Analysts' estimates typically exclude special items.
For the fourth quarter, the company expects adjusted earnings of $0.08 to $0.09.per share on revenues of $84.5 to $85.5 million. Analysts expect earnings of $0.07 per share on revenues of $81.6 million.
For the full year, Veeva now projects adjusted earnings of $0.33 to $0.34 per share on revenues of $310.7 million to $311.7 million. It earlier expected earnings of $0.30 to $0.31 per share on revenues of $300 million and $303 million.
Analysts expect earnings of $0.31 per share on revenues of $302.9 million for the year.
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10. Hewlett-Packard Co. (HPQ) reported net income for the fourth quarter of $1.33 billion or $0.70 per share, compared to $1.41 billion or $0.73 per share for the year-ago quarter.
Excluding items, adjusted net income for the fourth quarter was $2.01 billion or $1.06 per share, compared to $1.96 billion or $1.01 per share in the prior year quarter.
Net revenue for the fourth quarter fell 2% to $28.41 billion from $29.13 billion in the same quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $1.06 per share on revenue of $28.76 million for the fourth quarter. Analysts' estimates typically exclude special items.
Looking forward to the first quarter, the company forecasts earnings of $0.72 to $0.76 per share and adjusted earnings of $0.89 to $0.93 per share.
For the fiscal year 2015, the company continues to expect earnings of $3.23 to $3.43 per share and adjusted earnings of $3.83 to $4.03 per share.
Analysts currently expect the company to earn $0.93 per share for the first quarter and $3.95 per share for the fiscal year 2015.
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11. QAD Inc. (QADA)
Total revenue increased 13 percent to $74.0 million for the third quarter of fiscal 2015 from $65.7 million for the fiscal 2014 third quarter.
Net income for the fiscal 2015 third quarter grew to $5.1 million, or $0.31 per diluted Class A share and $0.27 per diluted Class B share, up from $2.0 million, or $0.13 per diluted Class A share and $0.11 per diluted Class B share, last year.
Non-GAAP net income was $6.6 million, or $0.40 per diluted Class A share and $0.34 per diluted Class B share, for the third quarter of fiscal 2015 vs $3.6 million, or $0.23 per diluted Class A share and $0.19 per diluted Class B share a year ago.
Analysts expected the company to report net income of $0.16 per share on revenues of $70.70 million for the period.
FY Outlook
Total revenue to be in the range of approximately $291 million and earnings per share of $0.58 per diluted Class A share and $0.49 per diluted Class B share.
Non-GAAP earnings per diluted share are expected to be $0.92 per Class A share and $0.78 per Class B share.
Analysts currently expect the company to report net income of $0.65 per share on revenues of $290.24 million for the period.
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12. China Cord Blood Corporation (CO)
Revenues for the second quarter of fiscal 2015 increased by 7.4% to RMB152.1 million ($24.8 million) from RMB141.6 million in the prior year period.
Net income attributable to the company's shareholders for the second quarter of fiscal 2015 increased to RMB27.2 million ($4.4 million) from RMB24.9 million in the prior year period.
Q2 EPS was RMB0.35 or $0.06 vs RMB0.33 a year ago.
Analysts expected the company to report net income of $0.06 per share on revenues of $25.82 million for the period.
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13. Infoblox Inc (BLOX) reported first-quarter net loss of $10 million or $0.18 per share compared with a loss of $2.5 million or $0.05 per share last year.
Excluding items, adjusted earnings for the quarter were $0.05 per share compared with earnings of $0.12 per share a year ago.
Revenues for the quarter were $66.7 million compared with $63.5 million in the prior year.
Analysts polled by Thomson Reuters estimated earnings of $0.03 per share on revenues of $64.5 million for the quarter. Analysts' estimates typically exclude special items.
For the second quarter, the company expects adjusted earnings of $0.04 to $0.05 per share on revenues of $66.5 million to $68.5 million. Analysts expect earnings of $0.04 per share on revenues of $66.8 million.
Infoblox, based in Santa Clara, California, develops automated network control solutions.
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14. AeroVironment, Inc. (AVAV) reported a net loss for the second quarter of $2.9 million or $0.13 per share, compared to net income of $1.7 million or $0.07 per share for the year-ago quarter.
Revenue for the second quarter fell 19% to $52.7 million from $64.9 million a year ago, due to lower sales in the company's Unmanned Aircraft Systems segment.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.11 per share on revenue of $54.64 million for the second quarter.
For fiscal 2015, the company continues to expect to generate revenue of between $250 million and $270 million and gross profit margin of between 34.5% and 37.5% at the respective revenue levels. Analysts currently expect the company to post revenue of $258.55 million for the fiscal year 2015.
Planned increases in research and development and business development investments for Tactical Missile Systems, Commercial UAS and Global Observer business areas in fiscal 2015 may largely offset operating profit in the current fiscal year, the company noted.
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15. Cubic Corp (CUB) reported fourth-quarter net earnings of $32 million or $1.22 per share, led by the growth in operating income. Analysts polled by Thomson Reuters estimated earnings of $0.94 per share for the quarter. Analysts' estimates typically exclude special items.
Cubic said the 2014 operating income was positively impacted by higher margins from increased sales in the U.K., Australia, and the U.S. Increased international sales of air combat training systems also boosted operating profit. Meanwhile the prior year's results were hurt by impairment charges of $50 million.
Revenues for the quarter were $396.4 million compared with $340.8 million in the prior year. Analysts estimated revenues of $390.5 million for the quarter.
For the fiscal year 2015, the company expects earnings of $2.60 to $2.85 per share on revenues of $1.43 billion to $1.47 billion. Analysts expect earnings of $2.93 per share on revenues of $1.46 billion.
Cubic, based in San Diego, is globally diversified in transportation and defense markets.
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16. Perfect World Co Ltd (PWRD), a developer of online games in China, Tuesday reported third-quarter net earnings to stockholders of RMB60.7 million, or $9.9 million, compared with RMB121 million last year.
On a per American depositary share, or ADS basis, net earnings for the quarter were RMB1.20, or $0.19. This compares with a profit of RMB2.41 per ADS a year ago.
Excluding items, adjusted earnings for the quarter were RMB2.49, or $0.41 per ADS, compared with RMB2.82 in the prior year.
Revenues for the quarter were RMB974.3 million, or $158.7 million, compared with RMB820 million last year.
Analysts polled by Thomson Reuters estimated earnings of $0.40 per share on revenues of $160.9 million for the quarter. Analysts' estimates typically exclude special items.
Gross margin for the quarter declined to 69.0% from 77.8% last year.
For the fourth quarter, the company expects revenues of RMB1.02 billion to RMB1.07 billion.
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17. Ctrip.com International Ltd (CTRP), a travel service provider of accommodation reservation, said Tuesday its third-quarter net earnings declined to 217 million yuan from 373 million yuan last year.
On a US dollar basis, net income for the quarter was $35 million or $0.22 per American depositary share, or ADS. This compares with a profit of $0.40 per ADS last year.
Excluding items, adjusted earnings for the quarter were $0.36 per ADS, compared with $0.51 per ADS a year ago.
Total revenues for the quarter rose to 2.3 billion yuan from 1.6 billion yuan last year. On a US dollar basis, revenues were $368 million.
Net revenues were 2.1 billion yuan, compared with 1.54 billion yuan last year. On a US dollar basis, net revenues were $347 million.
Analysts polled by Thomson Reuters estimated earnings of $0.20 per share on revenues of $335.7 million for the quarter. Analysts' estimates typically exclude special items.
For the fourth quarter, the company expects to continue the net revenue growth year-on-year at a rate of about 30%.
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18. Xunlei Limited (XNET)
Q3 Total revenues were US$49.2 million, a 1.5% increase from the corresponding period in 2013.
Q3 Net incomeattributable to Xunlei was US$0.3 million, compared to US$5.7 million for the corresponding period in 2013.
Q3 Non-GAAP net income attributable to Xunlei was US$2.3 million, compared to US$5.8 million for the corresponding period in 2013.
Earnings per ADS in the third quarter of 2014 was US$0.0052.
Non-GAAP earnings per ADS in the third quarter of 2014 was US$0.0345.
Analysts expected the company to report net income of $0.10 per share on revenues of $47.90 million for the period.
Q4 Outlook
For the fourth quarter of 2014, Xunlei estimates total revenues to be between US$44 million to US$47 million; Consensus $44.1 mln.
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19. Berkshire Income Realty, Inc. (BIRPRA)
Q3 net income available to common shareholders was $666,966 or $0.47 per share vs loss of $109,906 or $0.08 per share a year ago.
Q3 FFO was $1.76 mln vs $2.81 mln a year ago.
Q3 revenue was $19.76 mln vs $20.2 mln a year ago.
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