Shares of Shuffle Master ( SHFL) climbed in late trading Monday after the maker of gaming-industry products posted in-line fiscal first-quarter earnings and lifted its full-year guidance. For the quarter ended Jan. 31, the company reported earnings of $7.4 million, or 21 cents a share, up from $6.1 million, or 18 cents a share, a year ago. Revenue rose 31% to $33.3 million. Analysts polled by Thomson First Call had expected, on average, earnings of 21 cents a share and revenue of roughly $31.1 million. Shuffle Master raised the bottom of its full-year outlook to $1.02 to $1.05 a share, or 28% to 31% over fiscal 2005. The company previously predicted earnings of $1 to $1.05 a share. Shares rose $1.13, or 4.3%, to $27.36 in after-hours trading. Oracle ( ORCL) shares fell after the business-software giant posted weaker-than-expected third-quarter database license revenue. Oracle earned a profit of $765 million, or 14 cents a share, on sales of $3.5 billion. A year earlier, the company earned $540 million, or 10 cents a share, on revenue of $2.95 billion. Excluding items, Oracle's EPS in the latest quarter was 19 cents, better than analysts' target of 18 cents. But the company's key new database license revenue increased 4% to $827 million, below Wall Street's expectations of 9% growth to $853 million. Shares shed 51 cents, or 3.7%, to $13.21. China TechFaith Wireless ( CNTF) shares plummeted after the Beijing-based mobile handset company warned that it expected its first quarter to come in "significantly lower" than the fourth quarter due to declining orders from a major customer and the discontinuation of two platforms. For the fourth quarter, the company posted income of $10.5 million, or 24 cents an American Depositary share, compared with a year-earlier profit of $6.6 million, or 19 cents an ADS. Revenue increased 65% to $24.1 million. Two analysts had an average estimate for the company to report earnings of 24 cents per ADS and revenue of $24.2 million.
For the first quarter, China TechFaith forecast revenue of roughly $12.5 million and income of $1 million. The company's sees second-quarter revenue of $24 million, with income of roughly $8.5 million. The company expects full-year revenue to be at least $120 million, with net income of roughly $44 million. Shares sank $1.15, or 10.8%, to $10.75 in after-hours trading. Healthways ( HWAY) advanced after the health care company reported better-than-expected second-quarter results and raised its guidance. The company's profit for the quarter ended Feb. 28 fell to $7.3 million, or 20 cents a share, from $8.4 million, or 24 cents a share, a year ago, as results were weighed down by charges. Excluding items, earnings were 34 cents a share. Revenue increased 33% to $100 million from $75.3 million. Analysts had forecast earnings of 20 cents a share on revenue of $96.26 million. For 2006, Healthways increased its guidance to $1.16 to $1.19 a share from the previous range of $1.10 to $1.14 a share, including about 25 cents related to its long-term incentive program. Analysts project earnings of $1.13 a share, including the incentive costs. Healthways shares gained $3.26, or 8.3%, to $42.78 in after-hours trading. Shares of Empire Resorts ( NYNY) surged after the Monticello, N.Y.-based gaming company said it signed agreements with the St. Regis Mohawk Tribe and the St. Regis Mohawk Gaming Authority to develop an Indian casino on land adjacent to Monticello Raceway, according to a filing with the Securities and Exchange Commission. Empire Resorts advanced 63 cents, or 13.8%, to $5.19 after hours Monday.