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Tuesday's Late Winners & Losers

FormFactor falls hard on a drop in quarterly earnings.

Stocks were mostly taking back their

steep regular-session losses after the close on Tuesday, but among the biggest late losers was chipmaker

FormFactor

(FORM) - Get FormFactor, Inc. Report

.

Shares dropped 26.3% recently after the Livermore, Calif., company said fourth-quarter income plunged 17.8% year over year to $14.4 million, or 29 cents a share, missing Thomson Financial's Wall Street consensus by 7 cents a share. Revenue jumped 22.1% from a year earlier, but that still missed the $126.1 million average estimate. Shares were off $6.09 to $17.10.

Also issuing disappointing earnings after the closing bell was

Bankrate

(RATE)

, a Florida-based bank-information Web site. Non-GAAP fourth-quarter earnings ticked up 5.1% to $4.1 million, or a flat 21 cents a share, whereas analysts had projected a leap to 39 cents a share. The company's stock was sliding $4.68, or 8.7%, to $49.

And restaurant operator

Cheesecake Factory

(CAKE) - Get Cheesecake Factory Incorporated Report

reported that weak customer traffic and "severe winter weather" in the fourth quarter pressured same-store sales down some 0.4% year over year as revenue slid 12.6% to $406.3 million. Analysts were looking for $413 million in sales. The California-based company said that, if not for the bad weather, same-store sales would have risen by around 0.1%.

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Excluding one-time legal expenses, Cheesecake's income for the quarter totaled $15.2 million, or 22 cents a share, falling short of the Street's targets by 4 cents a share. Cheesecake shares were falling 6.6% to $19.50.

Elsewhere, San Francisco's

Riverbed Technology

(RVBD)

had a significant after-hours run in the green following fourth-quarter non-GAAP earnings of 20 cents a share, which tops Street predictions by a penny. More recently, however, shares of the wide-area data services company were falling 14.2% to $19.

On the upside,

Disney

(DIS) - Get Walt Disney Company Report

frolicked 5.3% higher after the Burbank, Calif., media conglomerate blew away analyst expectations for the fiscal first quarter. The company reported making 25.4% less than it did a year earlier -- $1.25 billion from continuing operations, or 63 cents a share -- but the consensus had called for a much more severe plunge to 52 cents a share. Revenue, at $10.45 billion, was also better than anticipated. Disney shares were changing hands at $31.65.

Optical-networking parts maker

JDS Uniphase

(JDSU)

, meanwhile, shot up 18.1% after saying non-GAAP earnings

nearly tripled to 22 cents a share from 8 cents a year earlier. Shares of the Milpitas, Calif., company bounced $1.84 to $12 in recent extended trading.