Verigy (VRGY Quote) was surging more than 22% in extended trading Thursday on mounting profits for the quarter ended Jan. 31. The Singapore-based semiconductor-equipment company said non-GAAP income came to $16 million, or 28 cents a share, up year over year from $6 million, or 12 cents a share. Revenue slipped 3% to $165 million. Analysts polled by Thomson Financial were seeking 20 cents a share on a top line of $154.8 million.
Looking ahead, revenue should sequentially rise to a minimum of $23.5 million above estimates -- $170 million to $180 million. Non-GAAP second-quarter income is projected at 32 cents to 37 cents a share, also well above the 21-cents-a-share consensus. Shares were rising $4.17 to $23.05. Restaurant chain Red Robin Gourmet Burgers (RRGB Quote) was leaping on adjusted fourth-quarter earnings of $8.1 million, or 43 cents a share (including stock-option expenses), up from last year's $5.5 million, or 33 cents a share. The Street was seeking 35 cents a share. Sales reached $163.8 million, a 40.6% rise from last year that tops the mean by $7.1 million. Comparable sales were up a fraction of a percent in company restaurants: 1.5% in U.S. franchises and 5.1% in Canadian franchises. The Colorado-based company expects 2007 income to range from $1.75 to $1.85 a share on sales between $715 million to $735 million. Analysts are calling for $1.84 a share on revenue of $716 million. Shares were up $3.89, or 10.2%, to $42.05.- Loading Comments...
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