This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Digital River, Acme Packet: After-Hours Trading (Update 1)

Stocks in this article: DRIV APKT WYNN TRMB GNW

Acme Packet

Shares of Acme Packet (APKT) fell in the extended session after the provider of networking software and equipment reported below-consensus quarterly results.

The Bedford, Mass.-based company posted non-GAAP earnings of $18.3 million, or 26 cents a share, on revenue of $83 million, falling short of the average estimate of analysts polled by Thomson Reuters for a profit of 28 cents a share on revenue of $85.2 million.

The stock was last quoted at $27.10, down 12.3%, on volume of 2.3 million, according to

The numbers were doubly disappointing because Acme Packet missed the lowered revenue estimate it provided on Jan. 3 when it gave a forecast for non-GAAP earnings of 26 to 28 cents a share on revenue of $84 million to $86 million.

At that time, the company attributed the weakness in its business to "uncertainty in the North American service provider market."

Based on Thursday's close at $30.89, the shares have lost more than 56% in the past year, scraping a 52-week low of $25.20 on Jan. 4.

Other stocks moving in late trades included Wynn Resorts (WYNN), which dipped 1.2% to $116.80 on volume of more than 450,000 after the casino operator's fourth-quarter revenue came in slightly below Wall Street's consensus view; Trimble Navigation (TRMB), which gained 10% to $53 on volume of more than 70,000 after the GPS technology company reported fourth-quarter earnings of 54 cents a share on revenue of $435.2 million, ahead of analyst expectations for a profit of 48 cents a share on revenue of $419.1 million; and Genworth Financial (GNW), which rose 6.2% to $8.54 on volume of more than 170,000 after the company reported net income of $107 million, or 22 cents a share, in its fiscal fourth quarter.

-- Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs