Daktronics, Inc. (Nasdaq: DAKT) 17.8% LOWER; now estimates that net sales for the fourth quarter of fiscal 2007 will be in the range of $101 million to $105 million, with earnings in the range of $0.06 to $0.10 per share. Previously, the Company estimated that its fiscal fourth quarter net sales would be in the range of $106 million to $118 million and that its earnings per share would be in the range of $0.12 to $0.19 per share.
Carrier Access Corporation (Nasdaq: CACS) 13.4% LOWER; said Q1 revenue is expected to range from $8.3 million to $8.7 million. Basic and diluted GAAP loss per share for the quarter is expected to range from $(0.32) to $(0.27). Basic and diluted non-GAAP loss per share for the quarter is expected to range from $(0.29) to $(0.24). The consensus is revenue of $14.1 million and loss of $0.21.
ARIAD Pharmaceuticals, Inc. (Nasdaq: ARIA) 12% LOWER; received feedback from the FDA regarding its Special Protocol Assessment on the design and endpoints for its Phase 3 pivotal trial of oral AP23573, its novel mTOR inhibitor, in metastatic sarcoma. Based on the FDA’s response, the Company intends to pursue its Phase 3 trial in the same treatment setting as originally proposed (patients with metastatic sarcoma following a favorable response to chemotherapy), with overall survival as the primary endpoint and progression-free survival as a key secondary endpoint. As a result, the Company anticipates that initiation of patient enrollment may be delayed from the second to the third quarter of 2007.
WD-40 Co. (Nasdaq: WDFC) 7.6% HIGHER; reports Q2 EPS of $0.52, 6 cents better than estimate. Revenues came in at $79.3 million versus the consensus of $78.32 million. Reaffirms 2007 forecast. Sees 2007 sales of $307-$324 million, versus the consensus of $313.14 million. Sees 2007 EPS of $1.70-$1.85 versus the consensus of $1.75. The company also announced a $35 share buyback.
Spartan Motors Inc. (Nasdaq: SPAR) 3% HIGHER; Cramer highlights on Mad Money
Daktronics, Inc. (Nasdaq: DAKT) 17.8% LOWER; now estimates that net sales for the fourth quarter of fiscal 2007 will be in the range of $101 million to $105 million, with earnings in the range of $0.06 to $0.10 per share. Previously, the Company estimated that its fiscal fourth quarter net sales would be in the range of $106 million to $118 million and that its earnings per share would be in the range of $0.12 to $0.19 per share.
Carrier Access Corporation (Nasdaq: CACS) 13.4% LOWER; said Q1 revenue is expected to range from $8.3 million to $8.7 million. Basic and diluted GAAP loss per share for the quarter is expected to range from $(0.32) to $(0.27). Basic and diluted non-GAAP loss per share for the quarter is expected to range from $(0.29) to $(0.24). The consensus is revenue of $14.1 million and loss of $0.21.
ARIAD Pharmaceuticals, Inc. (Nasdaq: ARIA) 12% LOWER; received feedback from the FDA regarding its Special Protocol Assessment on the design and endpoints for its Phase 3 pivotal trial of oral AP23573, its novel mTOR inhibitor, in metastatic sarcoma. Based on the FDA’s response, the Company intends to pursue its Phase 3 trial in the same treatment setting as originally proposed (patients with metastatic sarcoma following a favorable response to chemotherapy), with overall survival as the primary endpoint and progression-free survival as a key secondary endpoint. As a result, the Company anticipates that initiation of patient enrollment may be delayed from the second to the third quarter of 2007.
WD-40 Co. (Nasdaq: WDFC) 7.6% HIGHER; reports Q2 EPS of $0.52, 6 cents better than estimate. Revenues came in at $79.3 million versus the consensus of $78.32 million. Reaffirms 2007 forecast. Sees 2007 sales of $307-$324 million, versus the consensus of $313.14 million. Sees 2007 EPS of $1.70-$1.85 versus the consensus of $1.75. The company also announced a $35 share buyback.
Spartan Motors Inc. (Nasdaq: SPAR) 3% HIGHER; Cramer highlights on Mad Money
http://www.streetinsider.com/index.php
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
