StreetInsider.com After-Hours Movers 04/04

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By Douglas A. McIntyre Published
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Possis Medical, Inc. (NASDAQ: POSS) 15% HIGHER; announced that its AngioJet Spiroflex VG rapid exchange catheter has been approved by the FDA for blood clot removal in coronary conduits.

Rackable Systems, Inc., (NASDAQ: RACK) 8% LOWER; As a result of lower than expected gross margin and operating income, the company anticipates a net loss for the first quarter of 2007, on both a GAAP and non-GAAP basis. The consensus is a $0.05 profit.

Restoration Hardware Inc. (Nasdaq: RSTO) 6.7% LOWER; reports Q4 EPS of $0.34, $0.36 ex-stock expense, versus the consensus of $0.36. Revenues came in at $243 million versus the consensus of $239.2 million. Sees FY EPS of $0.10-$0.15, versus the consensus of $0.27. Sees Revenues of $790-$815, versus the consensus of $805.35 million. Sees Q1 loss of $0.19-$0.22, versus the consensus of $0.07 loss. Sees Q1 revenues of $145-$150 million versus the consensus of $151.2 million.

Aladdin Knowledge Systems (Nasdaq: ALDN) 4.6% HIGHER; announced that The Consortium for Indian Information Technology Education (CIITE), a nodal agency at the national level focusing on IT education throughout the country, selected the Aladdin eToken authentication solution to secure its vast network of e-Learning resources throughout India.

Healthways Inc. (Nasdaq: HWAY) 3.7% LOWER; reports Q2 EPS of $0.30, in-line with estimates. Revenues came in at $160.3 million versus the consensus of $165 million.

Norfolk Southern Corporation (NYSE: NSC) 3.1% LOWER; said Q1 EPS are expected to be approximately 3 percent below the same quarter 2006, principally due to reduced carload volumes and lower other income related to property sales.

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Possis Medical, Inc. (NASDAQ: POSS) 15% HIGHER; announced that its AngioJet Spiroflex VG rapid exchange catheter has been approved by the FDA for blood clot removal in coronary conduits.

Rackable Systems, Inc., (NASDAQ: RACK) 8% LOWER; As a result of lower than expected gross margin and operating income, the company anticipates a net loss for the first quarter of 2007, on both a GAAP and non-GAAP basis. The consensus is a $0.05 profit.

Restoration Hardware Inc. (Nasdaq: RSTO) 6.7% LOWER; reports Q4 EPS of $0.34, $0.36 ex-stock expense, versus the consensus of $0.36. Revenues came in at $243 million versus the consensus of $239.2 million. Sees FY EPS of $0.10-$0.15, versus the consensus of $0.27. Sees Revenues of $790-$815, versus the consensus of $805.35 million. Sees Q1 loss of $0.19-$0.22, versus the consensus of $0.07 loss. Sees Q1 revenues of $145-$150 million versus the consensus of $151.2 million.

Aladdin Knowledge Systems (Nasdaq: ALDN) 4.6% HIGHER; announced that The Consortium for Indian Information Technology Education (CIITE), a nodal agency at the national level focusing on IT education throughout the country, selected the Aladdin eToken authentication solution to secure its vast network of e-Learning resources throughout India.

Healthways Inc. (Nasdaq: HWAY) 3.7% LOWER; reports Q2 EPS of $0.30, in-line with estimates. Revenues came in at $160.3 million versus the consensus of $165 million.

Norfolk Southern Corporation (NYSE: NSC) 3.1% LOWER; said Q1 EPS are expected to be approximately 3 percent below the same quarter 2006, principally due to reduced carload volumes and lower other income related to property sales.

http://www.streetinsider.com/index.php

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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