Spreadtrum Communications, Inc. (Nasdaq: SPRD) 22.2% HIGHER; reports a Q2 loss of $0.15 compared to $0.11 profit for the same period last year. Revenue in the second quarter totaled US$16.2 million, representing an increase of 97% from US$8.2 million in 1Q09 and down 60% from US$40.2 million in 2Q08.
Vantage Drilling Company (NYSE: VTG) 20.4% LOWER; announced that it intends to offer, subject to market and other conditions, 46,500,000 of its ordinary shares. In connection with this offering, Vantage will grant the underwriters an option to purchase 6,975,000 additional ordinary shares to cover any over-allotments. Vantage intends to use proceeds from this offering, as well as the proceeds from the financing for its Aquamarine Driller, to finance the final construction payment for the Aquamarine Driller, and to use the remainder for general corporate purposes and working capital.
Candela Corp. (Nasdaq: CLZR) 15% HIGHER; reports Q4 EPS of $0.02, compared to ($0.10) in the same quarter last year. Revenue for the quarter was $31.4 million, versus $37.4 million in Q408.
iPass Inc. (NASDAQ: IPAS) 9.5% HIGHER; today announced that its board of directors has authorized an extraordinary cash dividend of $0.32 per share. The cash dividend is payable September 17, 2009 to stockholders of record as of August 31, 2009.
La-Z-Boy Inc. (NYSE: LZB) 7.7% HIGHER; reports Q1 adj-EPS of $0.05, 10 cents better than the analyst estimate of ($0.05). Revenue for the quarter was $262.7 million, versus the consensus of $255.14 million.
Key Tronic Corporation (Nasdaq: KTCC) 7.3% HIGHER; reports Q4 EPS of $0.03 compared to $0.25 for the same period last year. Sales were $45.5 million, versus the consensus of $57.3 million. Sees Q1 EPS of $0.01-$0.03 on sales of $41-$44 million.
American Dental Partners, Inc. (NASDAQ: ADPI) 7.2% LOWER; announced today that it has commenced a public offering of 2,260,000 shares of common stock. American Dental Partners will grant the underwriter in the offering an option to purchase up to 339,000 additional shares of common stock at the same price per share to cover any over-allotments.
Longtop Financial (NYSE: LFT) 4.2% LOWER; reports Q1 EPS of $0.20, ex-items, 1 cent lower than the analyst estimate of $0.21. Revenue for the quarter was $28.5 million, versus the consensus of $27.16 million. Sees Q2 adj-EPS of $0.37, versus the Street estimate of $0.37, on sales of $37.5 million, versus the consensus of $36.80 million. Raises its FY10 non-GAAP EPS guidance to about $1.22, versus the consensus of $1.19, on sales of about $145 million, which compares to the Street estimate of $143.46 million.
Giant Interactive (NYSE: GA) 3% LOWER; reports Q2 EPS of $0.15, 1 cent better than the analyst estimate of $0.14. Revenue for the quarter was $53.3 million, versus the consensus of $52.99 million. Sees Q3 revs of RMB310-RMB345 million.