( JMDT) after the bell Tuesday said it earned $1.4 million, or 6 cents a share, for the third quarter, up from $8,000, or a break-even on a per-share basis, a year earlier. Adjusted net income for the quarter was $3.7 million, or 15 cents a share, matching analysts' mean estimate. Revenue for the quarter more than doubled to $20.2 million from $9.5 million last year. Analysts expected revenue of $20.7 million, according to Thomson First Call.
Jamdat, a maker of video games for cell phones, expects fourth-quarter adjusted earnings of 18 cents to 22 cents a share and revenue of $23.5 million to $25 million. Analysts, on average, predict adjusted earnings of 22 cents a share and revenue of $25 million. "As we enter the important holiday selling season, we look forward to expanding the distribution of our most popular brands and bringing many new and exciting titles to wireless gamers around the world for the first time," said Mitch Lasky, chief executive of Jamdat, in a statement. The stock was up $2.35, or 13.3%, to $20.05 in after-hours trading.
Central Garden & Pet
said it expects to report fiscal 2005 earnings of $2.50 a share on sales of $1.38 billion. The company expects to release earnings for the year ended Sept. 30 in early December. For fiscal 2006, Central Garden projects net income of $65 million to $67 million, or $2.90 to $3 a share, on sales of $1.45 billion to $1.47 billion. Analysts predict earnings of $2.50 a share for fiscal 2005 and $2.99 a share for fiscal 2006. The stock fell 70 cents, or 1.7%, to $41.25 after hours.
swung to a third-quarter loss of $2.7 million, or a penny a share, compared with net income of $10.3 million, or 4 cents a share, a year ago. The voice-over-IP gearmaker posted revenue for the quarter of $45.7 million, compared with $46.8 million in the year-ago period. "While our reported financial results were lowered by the deferral of revenue related to two of our Tier 1 customers based on our accounting policies, our business in the third quarter expanded in several important ways," said Hassan Ahmed, chairman and CEO. The company's loss was in line with analysts' estimate, but its top line missed Wall Street's expectation for revenue of $48.7 million. The stock fell 71 cents, or 14%, to $4.35 in after-hours trading.
Pixar Animation Studios
( PIXR) announced third-quarter earnings of $27.4 million, or 22 cents a share, compared with $22.4 million, or 19 cents a share, a year ago. The animated-movie studio reported revenue for the quarter of $45.8 million. Analysts polled by Thomson First Call expected the company to earn 11 cents a share on sales of $30.6 million. The stock was up $2.28, or 4.5%, to $53.16 in after-hours trading.
( INPC) reported a net loss of $4.5 million, or 14 cents a share, narrower than the loss of $11 million, or 94 cents a share, a year ago. On a non-GAAP basis, the company earned $9.6 million, or 25 cents a share, matching analysts' forecast. The online seller of wireless services posted revenue for the quarter of $96.7, up from $54.1 million last year. Analysts expected revenue of $90.9 million, according to First Call. For the full year, InPhonic anticipates revenue of $345 million to $355 million, in line with Wall Street's forecast of $354 million. The stock was down $1.40, or nearly 10%, to $12.80 after hours.
Energy Conversion Devices
( ENER) reported a net loss of $6.5 million, or 22 cents a share, for the first quarter ended Sept. 30, compared with a profit of $1.3 million, or 5 cents a share, a year ago. Revenue for the quarter rose slightly to $22.2 million from $22.1 million last year. The results missed analysts' estimates for a loss of 13 cents a share and revenue of $25.9 million. The stock dropped $3.22, or 9.5%, to $30.60 in after-hours trading.
( SNIC) reported second-quarter net income of $3.1 million, or 11 cents a share, on revenue of $31.9 million. A year earlier, the company earned $3.6 million, or 14 cents a share, on revenue of $17.4 million. Analysts expected the digital media software company to earn 10 cents a share in the latest quarter, with revenue of $31.3 million. In a separate statement, the company said it anticipates fiscal third-quarter earnings of 25 cents to 30 cents a share and revenue of $37 million to $40 million, which is below Wall Street's forecast of 43 cents a share and revenue of $44.7 million. The stock fell $2.76, or 15.8%, to $14.75 after hours.
reported net income of $167 million, or 53 cents a share, for the second quarter ended Sept. 30, up from $86 million, or 29 cents a share, a year ago. Excluding income from discontinued operations, the company would have earned 49 cents a share, beating analysts' mean estimate by a penny. Revenue rose to $21.6 billion from $19.9 billion last year. For the fiscal year ending March 31, McKesson anticipates earnings of $2.25 to $2.40 a share, compared with Wall Street's forecast of $2.30. The stock was up 40 cents, or 0.9%, to $46 after hours.