SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Tuesday's session are Goldman Sachs Group Inc., Lexar Media Inc., Chipotle Mexican Grill Inc. and Sonus Networks Inc.
Churchill Downs Inc. (CHDN) is expected to report a fourth-quarter loss of 4 cents a share, according to analysts polled by Thomson First Call.
Goldman Sachs Group Inc. (GS) is seen posting a fiscal first-quarter profit of $3.29 a share.
Lexar Media Inc.'s (LEXR) fourth-quarter per-share loss is expected to be 16 cents a share.
OpenTV Corp. (OPTV) is expected to post a loss of a penny a share in its fourth quarter.
SeaChange International Inc. (SEAC) is seen posting a fourth-quarter per-share loss of 6 cents.
Southern Union Co.'s (SUG) fourth-quarter results are expected to show earnings of 42 cents a share.
After Monday's closing bell, Chipotle Mexican Grill Inc. (CMG) said it returned to profitability in the fourth quarter and that the momentum should continue for the rest of 2006. See full story. See After Hours column.
Alliant Techsystems Inc. (ATK) said it will realign its operations and named John Shroyer chief financial officer. The Minneapolis-based company said, under the realignment, which becomes effective April 1, it will conduct operations under three business groups: mission systems, launch systems and ammunition systems. Alliant Techsystems also lowered its fiscal 2006 earnings forecast to a range of $3.98 to $4.01 and reaffirmed its revenue forecast of $3.1 billion. For fiscal 2007, Alliant raised its per-share earnings forecast to a range of $4.75 to $4.90 and its revenue forecast to $3.35 billion.
Alpharma Inc. (ALO) said fourth-quarter net income was $87.1 million, or $1.62 a share. During the same period last year, the company reported a net loss of $307.5 million, or $5.89 a share. The pharmaceutical company said quarterly revenue was $156.4 million, up from $132.3 million last year.
Chipmos Technologies Ltd. (IMOS) reported a fourth-quarter profit of $14.5 million, or 21 cents a share, up from $3.2 million, or 5 cents a share, for the same period last year. Revenue rose 16% to $130.4 million. Chipmos, a Taiwan-based maker of chip equipment, said first-quarter revenue will be in the range of $127 million to $130 million.
Gaiam Inc. (GAIA) said fourth-quarter net income was $1.48 million, or 7 cents a share. During the same period last year, the company reported a net loss of $564,000, or 4 cents a share. The media company said quarterly revenue was $64.3 million, up from $34.8 million last year. Gaiam added that it expects 2006 revenue of more than $200 million, with annual gross margins of 60%.
Harris Corp. (HRS) said earnings for the 2007 fiscal year should be in a range of $2.45 to $2.55 a share. The company's forecast, its first for the 2007 year that begins on July 1, is above estimates from analysts polled by Thomson First Call. The Thomson prediction is for $2.40 a share.
International DisplayWorks Inc. (IDWK) said first-quarter net income was $1.4 million, or 4 cents a share, up from $1.02 million, or 3 cents a share, during the same period last year. Analysts polled by Thomson First Call had expected per-share income of a penny. The manufacturer of liquid crystal displays said quarterly revenue was $23.5 million, up from $18.1 million last year. Analysts were looking for revenue of $22 million. The company also named Joe Bedewi chief financial officer.
McAfee Inc. (MFE) said it expanded the role of its chief financial officer, Eric Brown, to include the responsibilities of chief operating officer. See full story.
Mercury Computer Systems Inc. (MRCY) said it would cut 80 jobs, or about 8% of its worldwide workforce, as it looks to cut costs due to its previously tempered growth expectations. See full story.
Miva Inc. (MIVA) reported a fourth-quarter net loss of $4.66 million, or 15 cents a share. During the same period a year ago, the company posted net earnings of $4.75 million, or 15 cents a share. The adjusted net loss was 2 cents a share for the quarter. A year ago, adjusted earnings were 20 cents a share. Revenue at the marketing network company fell 27% to $43 million from $58.7 million. Analysts surveyed by Thomson First Call had forecast a fourth-quarter loss of a penny a share on revenue of $43 million.
NGAS Resources Inc. (NGAS) said fourth-quarter net income was $564,000, or 3 cents a share, down from $619,000, or 4 cents a share, during the same period last year. The natural gas developer said quarterly revenue was $15.7 million, down from $15.73 million last year. Analysts polled by Thomson First Call had expected revenue of $20 million.
Procter & Gamble Co. (PG) pushed up its third-quarter earnings forecast but tempered its organic sales-growth target. See full story.
SMTC Corp. (SMTX) reported fourth-quarter net earnings of $1.42 million, or 10 cents a share. In the year-ago period the company reported a net loss of $3.2 million, or 22 cents a share. Revenue at the Toronto-based electronic manufacturing services provider rose 21% to $58.1 million from $48 million.
Sonus Networks Inc. (SONS) reported a fourth-quarter profit of $5 million, or 2 cents a share, on revenue of $57.2 million. During the same period a year ago, the maker of Voice over Internet Protocol technology earned $6.3 million, or 2 cents a share, on $45.1 million in revenue.