Posted by admin | Posted in Christian Dior | Posted on 09-06-2010
Tags: Abercrombie sw, Affliction
Shares rose 11 cents, or 3.6 percent, to $3.18 in after-hours trading. The stock had closed up 11 cents, or 3.7 percent, at $3.07.
Adjusted earnings were 6 cents per share in the latest quarter.
For the three months ended May 2, the company posted a net loss of $728,000, or 1 cent per share, compared with a loss of $9.9 million,Affliction, or 21 cents per share, in the same period a year earlier.
Revenue fell 16 percent to $123.1 million from $147 million.
SAN JOSE, Calif. – Magma Design Automation Inc., a provider of chip design software, posted a smaller net loss for its fiscal fourth quarter Thursday, with revenue and adjusted earnings above Wall Street’s expectations thanks to strong performance in its main product groups.
Magma forecast a net loss of 6 cents to 7 cents per share for the current quarter, and adjusted earnings of 2 cents to 3 cents per share. It expects revenue of $31 million to $31.5 million.
Analysts, on average,Abercrombie swimwear, were expecting a profit of 4 cents per share on revenue of $32.9 million, according to a poll by Thomson Reuters.
Revenue slid 1 percent to $33.6 million from $34.1 million.
For the full year, the company posted a net loss of $3.3 million, or 7 cents per share, compared with a loss of $129.2 million, or $2.89 per share, a year earlier.