Among the companies with shares expected to actively trade in
Wednesday's session are Hewlett-Packard Co. (HPQ), Infoblox Inc.
(BLOX), and Tilly's Inc. (TLYS).
Hewlett-Packard posted weaker fiscal fourth-quarter sales, the
ninth consecutive top-line decline, as the computer maker reported
weaker software and printing revenue. But H-P swung to a profit in
the latest quarter and results for the quarter topped analyst
expectations. Investors cheered the news, sending shares up 6.1% to
$26.64 in after-hours trading.
Infoblox's fiscal first-quarter loss widened slightly despite
strong revenue growth as margins weakened and costs rose. The
network automation company shares slid 18% to $36.90 after hours as
it projected fiscal second-quarter earnings and revenue below
analysts' expectations.
Teen retailer Tilly's issued a dismal profit outlook for the
fiscal fourth quarter, as weak traffic trends and high promotions
are expected to hurt the bottom line. Shares slumped 20% to $12.65
after hours as Tilly's tempered its fiscal full-year outlook and
reported weaker-than-expected revenue for the third quarter.
AeroVironment Inc.'s (AVAV) fiscal second-quarter profit fell
81% on a sharp decline in revenue and margins. However, shares were
up 4% at $28 in after-hours trading as the maker of pilotless
drones and rechargeable-batteries reported adjusted earnings and
revenue that topped expectations.
Watch List:
Analog Devices Inc.'s (ADI) fiscal fourth-quarter earnings rose
13% as stronger margins and asset-sale gains and other items offset
the chip maker's lower revenue.
Lime Energy Co. (LIME) fired Chief Executive John O'Rourke while
simultaneously promoting President and Chief Operating Officer Adam
Procell to the top post.
Shanda Games Ltd.'s (GAME) third-quarter earnings fell 1.6%
despite growth in the game developer's revenue driven by its
mobile-game segment.
TiVo Inc.'s (TIVO) fiscal third-quarter revenue jumped as the
maker of TV set-top boxes added more subscribers, though profit for
the period slid 79% as last year's results included $78.4 million
in litigation proceeds.
Zale Corp.'s (ZLC) fiscal first-quarter loss narrowed as the
jewelry retailer reported higher same-store sales across nearly all
stores it operates and overall margin growth.
Write to John Kell at john.kell@wsj.com
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