Earnings Scan (GWRE, FXCM, MED, VISN, FRAN)
Following are the notable earnings of the day:-
Guidewire Software Inc (NYSE:GWRE) increased 16.92% to $29.99 after the Company declared second quarter results. Net income was$3.7 million or $0.06 per share compared to $5.4 million or $0.11 per share in the prior year period. Total revenues for the quarter increased 30% to $55.1 million. Analysts expected loss of $0.03 per share on revenues of $46.23 million for the second quarter.
FXCM Inc (NYSE:FXCM) jumped up 14.86% to $12.06. The Company posted fourth quarter earnings of $3.2 million or 21 cents per share compared to $146,000 or 1 cent per per share in thee prior year period. Revenue rose 13% to $108.8 million, beating Wall Street’s estimate of $94.9 million.
Medifast Inc (NYSE:MED) plunged 1.14% to $16.51 after the Company declared fourth quarter results. Net revenue increased 10% to $69.6 million. Net income was $1.2 million or $0.08 per diluted share compared to net income of $3.4 million or $0.23 per diluted share in the same period last year. The decrease in income for the fourth quarter of 2011 is primarily driven by the expansion of the corporate Medifast Weight Control Center model. The Company expects net revenue to increase in the range of 16% to 19% or $86.5 to $88.5 million for first quarter 2012.
VisionChina Media Inc (ADR) (NASDAQ:VISN) declined 3.55% to $1.63. The Company reported fourth quarter EPS of $0.02, below the analyst estimate of $0.04. Revenue for the quarter was $53.4 million versus the consensus estimate of $52.69 million.
Francesca’s Holdings Corp (NASDAQ:FRAN) moved up 12.21% to $30.05 after the Company announced fourth quarter results. Net income was $8.4 million or $0.19 per share compared to $4.3 million or $0.11 per share in the same period last year. Net sales increased 54.6% to $61.7 million. The Company expects net sales to be between $ 57.0 million and $59.0 million for first quarter 2012.