Earnings Reported After The Bell Feb. 2

(RTTNews) - Here is a quick summary of the earnings reported after the bell Feb. 2

1. Limelight Networks, Inc. (LLNW) reported revenue of $40.7 million for the fourth quarter compared to $42.2 million a year ago.

On a GAAP basis, the company reported a loss from continuing operations of $5.0 million or $0.05 per share for the fourth quarter, compared to a loss from continuing operations of $4.7 million, or $0.05 per basic share in the year ago quarter.

Non-GAAP net loss was $2.1 million or $0.02 per share for the fourth quarter compared to a non-GAAP net loss of $5.1 million or $0.05 per share last year.

Analysts expected the company to report net loss of $0.06 per share on revenues of $38.66 million for the period.

***

2. Atlantic Coast Financial Corporation (ACFC)

Q4 Net income improved to $0.4 million or $0.03 per diluted share from a net loss of $6.9 million or $1.05 per diluted share for the year-earlier quarter.

Q4 net interest income was $4.6 million vs $3.8 million a year ago.

Analysts expected the company to report net income of $0.03 per share on revenues of $6.58 million for the period.

***

3. EastGroup Properties, Inc. (EGP)

Q4 Funds from Operations was $29.2 million or $.91 per share compared to $25.7 million or $.84 per share for the same quarter last year

Q4 Net income was$12.7 million or $.40 per share vs $9.46 million or $0.31 per share a year ago.

Q4 revenue was $57.24 million vs $53.7 million a year ago.

Analysts expected the company to report net income of $0.91 per share on revenues of $56.75 million for the period.

FY Outlook

FFO per share for 2015 is estimated to be in the range of $3.57 to $3.67.

EPS for 2015 is estimated to be in the range of $1.21 to $1.31.

Analysts currently expect the company to report net income of $3.72 per share for the period.

***

4. M/A-COM Technology Solutions Holdings, Inc. (MTSI)

Q1 Revenue was $114.9 million, compared to $114.3 million in the prior fiscal quarter

Q1 Net loss was $6.3 million, or $0.13 loss per share, compared to net income of $14.5 million, or $0.30 per share, in the prior fiscal quarter

FY Outlook

Revenue is expected to be in the range of $120 to $124 million

Non-GAAP earnings per diluted share to be between 39 cents and 42 cents

***

6. American Capital Agency Corp. (AGNC)

Q4 Net interest income was $250 million

Q4 net loss was $323 million or $0.94 per share

Q4 Comprehensive income was $304 million or $0.86 per share

***

7. Bar Harbor Bankshares (BHB)

The company reported Q4 net income of $3.1 million or $0.52 per share compared with $3.3 million or $0.55 per share in the fourth quarter of last year.

For the quarter, net interest income amounted to $11.5 million, an increase of $6.1%, compared with the fourth quarter of 2013.

Analysts expected the company to report net income of $0.58 per share on revenues of $13.4 million for the period.

***

8. Rudolph Technologies, Inc. (RTEC)

Fourth quarter revenue totaled $49.6 million vs $44.5 million a year ago.

GAAP net income for the fourth quarter was $1.5 million, or $0.04 per share, compared with $2.1 million or $0.06 per share a year ago.

Fourth quarter 2014 non-GAAP net income was $4.5 million, or $0.13 per share vs $3.0 million or $0.09 per share a year ago.

Analysts expected the company to report net income of $0.06 per share on revenues of $45.1 million for the period.

***

9. Torchmark Corp. (TMK) reported net income for the fourth quarter of $146.7 million or $1.13 per share, compared to $142.8 million or $1.04 per share for the year-ago quarter.

Net operating income for the fourth quarter was $130.8 million or $1.00 per share, compared to $133.7 million or $0.97 per share in the prior year quarter.

Analysts polled by Thomson Reuters expected the company to earn $1.00 per share for the fourth quarter. Analysts' estimates typically exclude special items.

Looking forward, Torchmark forecasts full year 2015 net operating income per share of $4.20 to $4.40, compared to its prior guidance of $4.15 to $4.55. Analysts currently expect the company to earn $4.34 per share for the full year 2015.

The five cent reduction of the midpoint from the previous guidance is due mainly to an increase in pension expense and to a lesser extent, a reduction in expected Part D margin and a reduction in the expected earnings from the company's Canadian operations due to the recent change in the Canadian exchange rate, the company said.

***

10. XL Group plc (XL) reported fourth-quarter net income to ordinary shareholders of $139.50 million or $0.53 per share, compared to $300.78 million or $1.05 per share, prior year. The company said its net income for the current quarter was negatively impacted by the life retrocession derivative, which is offset by an increase in accumulated comprehensive income and therefore does not impact overall book value. Operating net earnings was $293.93 million or $1.12 per share, for the quarter.

On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $0.89 for the quarter. Analysts' estimates typically exclude special items.

Net premiums earned totalled $1.44 billion, compared to $1.59 billion, last year. Adjusted revenue was $1.67 billion compared to $1.91 billion last year. Analysts expected revenue of $1.42 billion for the quarter.

***

11. Luminex Corporation (LMNX)

Consolidated fourth quarter revenue was $58.1 million, a 5 percent increase from $55.16 million reported in the same quarter a year ago.

GAAP net income for the fourth quarter was $22.8 million or $0.53 per share vs $5.12 million or $0.12 per share a year ago.

Non-GAAP net income for the fourth quarter was $8.0 million or $0.19 per share vs $8.83 million or $0.21 per share a year ago.

Analysts expected the company to report net income of $0.12 per share on revenues of $58.31 million for the period.

***

12. Integrated Device Technology, Inc. (IDTI) reported third-quarter income from continuing operations of $32.84 million or $0.21 per share, compared to $17.34 million or $0.11 per share, prior year. Adjusted earnings per share from continuing operations were $0.25, for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $151.16 million from $124.63 million last year. Analysts expected revenue of $142.68 million for the quarter.

***

13. UDR Inc (UDR) on Monday reported fourth-quarter funds from operations of $107.9 million or $0.40 per share compared with $93.9 million or $0.36 per share last year.

Excluding items, FFO as adjusted was $0.39 per share compared with $0.35 per share a year ago.

Analysts polled by Thomson Reuters expected FFO of $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Net income for the quarter was $64.5 million or $0.25 per share compared with $35.8 million or $0.14 per share last year.

Total revenues for the quarter climbed to $209.5 million from $193.4 million a year ago, including an increase in rental revenue to $206.8 million from $191.1 million.

Analysts expected revenues of $205.5 million for the quarter.

For the first quarter, the company expects FFO of $0.41 to $0.43 per share and FFO as adjusted of $0.38 to $0.40 per share. Analysts expect FFO of $039. per share.

For the full year 2015, the company expects FFO of $1.60 to $1.66 per share and FFO as adjusted of $1.58 to $1.64 per share. Analysts expect FFO of $1.63 per share.

***

14. Advanced Energy Industries Inc. (AEIS) reported fourth-quarter net income of $9.32 million or $0.23 per share, compared to $34.36 million or $0.83 per share, prior year. Adjusted earnings per share was $0.50, for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.42 for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $152.72 million from $152.58 million last year. Analysts expected revenue of $146.20 million for the quarter.

For its first-quarter, the company expects: sales of $137 million to $147 million; GAAP earnings per share of $0.32 to $0.40; and non-GAAP earnings per share of $0.38 to $0.46. Analysts expect the company to report first-quarter earnings per share of $0.36 on revenue of $143.14 million.

***

15. Nanometrics Incorporated (NANO)

Q4 revenue was $39.71 million vs $46.16 million a year ago.

Q4 net loss was $4.64 million or $0.19 per share vs net income of $556000 or $0.02 per share a year ago.

Q4 non-GAAP net loss was $3.0 million or $0.12 per share vs income of $1.02 million or $0.04 per share a year ago.

Q1 Outlook

First-quarter 2015 revenues to be in the range of $47 million to $51 million

First-quarter earnings in the range of ($0.03) per share to $0.05 per diluted share on a GAAP basis, and $0.00 to $0.09 per diluted share on a non-GAAP basis.

***

16. Telenav, Inc. (TNAV)

Revenue for the second quarter of fiscal year 2015 was $39.8 million, compared with $37.2 million in the second quarter of fiscal year 2014.

GAAP net loss for the second quarter of fiscal year 2015 was $2.7 million, or $0.07 per share, compared with GAAP net loss of $4.0 million, or $0.10 per share, for the second quarter of last year.

Q3 Outlook

Total revenue is expected to be $41 to $43 million.

GAAP net loss is expected to be ($7) to ($8) million.

GAAP net loss per share is expected to be ($0.18) to ($0.20).

Non-GAAP net loss is expected to be ($4) to ($5) million

Non-GAAP diluted net loss per share is expected to be ($0.10) to ($0.13)

FY Outlook

Total revenue is expected to be $161 to $165 million

AAP net loss is expected to be ($28) to ($31) million

GAAP diluted net loss per share is expected to be ($0.70) to ($0.78)

Non-GAAP net loss is expected to be ($16) to ($19) million

Non-GAAP diluted net loss per share is expected to be ($0.40) to ($0.48)

***

17. Hartford Financial Services Group Inc (HIG) on Monday reported fourth-quarter net earnings of $382 million or $0.86 per share compared with $314 million or $0.65 per share last year.

Results for the 2014 quarter included an $83 million, after-tax, charge for voluntary lump-sum pension settlements; and income from discontinued operations of $37 million, after-tax.

Excluding items, core earnings for the quarter were $0.96 per share compared with $0.79 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.93 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter were $4.62 billion compared with $4.78 billion in the prior year.

Analysts estimated revenues of $4.69 billion for the quarter.

For the full year 2015, the company expects core earnings of $1.55 billion to $1.65 billion and adjusted core earnings of $1.57 billion to $1.67 billion.

***

18. Alexandria Real Estate Equities, Inc. (ARE)

Q4 revenue was $188.67 million vs $168.82 million a year ago.

Q4 net loss was $16.15 million or $0.23 per share vs net income of $36.25 million or $0.51 per share a year ago.

FY Outlook

EPS to be in the range of $1.60 to $1.80

FFO per share to be in the range of $5.10 to $5.30

***

19. Anadarko Petroleum Corp (APC) on Monday reported fourth-quarter net loss of $395 million or $0.78 per share compared with a loss of $770 million or $1.53 per share last year.

Excluding derivative losses, impairment charges and other items, adjusted earnings for the quarter were $0.37 per share compared with earnings of $0.74 per share a year ago.

Revenues for the quarter were $3.18 billion compared with $3.34 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.85 per share on revenues of $3.79 billion for the quarter. Analysts' estimates typically exclude special items.

The company's sales volumes of natural gas, crude oil and NGLs totaled 79 million BOE for the quarter, or an average of 854,000 BOE per day.

***

20. 3D printer maker Stratasys Ltd (SSYS) on Monday said it expects to report adjusted earnings of $1.97 to $2.03 per share and revenues of $748 to $750 million for the full year 2014. Earlier it expected earnings of $2.21 to $2.31 per share and revenues of $750 million to $770 million for 2014.

Analysts polled by Thomson Reuters expect the company to report earnings of $2.25 per share on revenues of $763.6 million for 2014. Analysts' estimates typically exclude special items.

During December 2014, Stratasys updated the goodwill impairment analysis of its MakerBot reporting unit. As a result, the company expects to recognize a non-cash, non-tax-deductible goodwill impairment charge of up to $110 million in the fourth quarter.

Stratasys projects fourth quarter sales growth of about 38% over the same period last year. Analysts expect sales growth of $48%.

For the full year 2015, the company expects adjusted earnings of $2.07 to $2.24 per share and revenues of $940 to $960 million. Analysts estimate earnings of $2.91 per share on revenues of $1.01 billion.

Stratasys said it plans to invest an additional 2% in operating expenses out of anticipated revenues in 2015 and future periods to boost growth.

SSYS closed Monday at $80.08, up $0.59 or 0.74%, on a volume of 1.5 million shares on the Nasdaq. In after hours, the stock dropped $22.29 or 27.83% at $57.79.

***

21. Fabrinet (NYSE:FN)

Fabrinet reported total revenue of $188.4 million for the second quarter, an increase of 5.5% compared to total revenue of $178.6 million for the comparable period a year ago.

GAAP net income for the second quarter was $8.7 million, or $0.24 per share, compared with $14.5 million, or $0.41 per share a year ago.

Non-GAAP net income in the second quarter was $14.4 million, or $0.40 per share, a decrease of 10.0% compared to $16.0 million, or $0.45 per share, in the same period a year ago.

Analysts expected the company to report net income of $0.38 per share on revenues of $184.14 million for the period.

Q3 Outlook

Fabrinet expects third quarter revenue to be in the range of $181 million to $185 million.

GAAP net income per share is expected to be in the range of $0.27 to $0.29

Non-GAAP net income per share to be in the range of $0.33 to $0.35

Analysts currently expect the company to report net income of $0.35 per share on revenues of $169.92 million for the period.

***

22. Reinsurance Group of America Inc (RGA) on Monday reported fourth-quarter net earnings of $191 million or $2.75 per share compared with $145 million or $2.03 per share last year.

Excluding items, operating earnings for the quarter were $2.99 per share compared with $2.17 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $2.11 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $2.7 billion compared with $2.74 billion in the prior year.

Analysts estimated revenues of $2.74 billion for the quarter.

Net premiums for the quarter were slightly up at $2.22 billion, compared with a year ago.

Results were mainly helped by a decrease in benefits and expenses to $2.42 billion from $2.51 billion last year.

The company has declared a quarterly dividend of $0.33 per share.

***

23. Artisan Partners Asset Management Inc. (APAM)

Q4 revenue was $206 million vs $197.6 million a year ago.

GAAP net income was $21.3 million, or $0.58 per share, in the quarter compared to $10.1 million, or $3.04 loss per share a year ago.

Analysts expected the company to report net income of $0.78 per share on revenues of $208.9 million for the period.

***

24. Seneca Foods Corporation (SENEA) reported for the third quarter of 2015, net earnings of $7.8 million, or $0.71 per share, compared to $6.8 million, or $0.61 per share last year.

Net sales for the third quarter decreased 4.5% to $456.2 million from the third quarter a year ago.

Non-GAAP net earnings per share were $1.03 during the quarter versus $1.06 last year.

***

25. Heritage Oaks Bancorp (HEOP) reported net income of $4.2 million, or $0.13 per share, for the fourth quarter compared to $1.6 million, or $0.06 per share, for the fourth quarter a year ago.

Net interest income was $15.7 millionfor the fourth quarter of 2014 compared with $10.7 million for the same period a year earlier

Analysts expected the company to report net income of $0.11 per share on revenues of $18.47 million for the period.

***

26. Cliffs Natural Resources Inc. (CLF) reported a net loss available to common shareholders for the fourth quarter of $1.3 billion or $8.25 per share, compared to net income available to common shareholders of $30.5 million or $0.20 per share for the year-ago quarter.

The latest quarter results include Eastern Canadian Iron Ore operating margins, asset impairment charges and other items. Excluding the items totaling $1.4 billion, Cliffs reported fourth quarter adjusted net income of $166 million or $1.00 per share.

Fourth quarter consolidated revenues fell 15% to $1.28 billion from $1.52 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.13 per share on revenue of $1.21 billion for the fourth quarter. Analysts' estimates typically exclude special items.

Cliffs expects its full year 2015 capital expenditures budget to be $125 million to $150 million.

***

27. National Interstate Corporation (NATL) expects Q4 EPS to be in the range of $0.22 to $0.28.

***

28. Rent-A-Center, Inc. (RCII) reported net income for the fourth quarter of $25.6 million or $0.48 per share, compared to $13.2 million or $0.25 per share for the year-ago quarter.

Excluding items, adjusted net income for the latest quarter was $26.5 million or $0.50 per share.

Total revenue for the fourth quarter rose to $796.53 million from $766.18 million a year ago. Adjusted revenue for the latest quarter was $797.12 million.

Analysts polled by Thomson Reuters expected the company to earn $0.63 per share on revenue of $804.83 million for the fourth quarter. Analysts' estimates typically exclude special items.

For the full year 2015, the company projects total revenue of $3.250 billion to $3.350 billion dollars and earnings of $2.05 and $2.30, including $0.10 to $0.12 per share dilution related to the company's Mexico operations. Analysts currently expect the company to earn $2.48 per share on revenue of $3.34 billion for the full year 2015.

***

29. Black Hills Corp. (BKH)

Adjusted income from continuing operations for the fourth quarter was $34 million, or $0.76 per share, compared to $31 million, or $0.70 per share, for the same period a year ago.

Q4 net income was $34 million or $0.76 per share vs $18.1 million or $0.41 per share a year ago.

Q4 revenue was $378.1 million vs $355.4 million a year ago.

Analysts expected the company to report net income of $0.77 per share on revenues of $363.86 million for the period.

FY Outlook

Black Hills now expects its 2015 earnings, as adjusted, to be in the range of $2.80 to $3.00 per share versus the $2.90 to $3.10 per share issued earlier. Analysts expect the company to report earnings of $2.97 per share for the period.

***

30. Advent Software Inc (ADVS), a provider of software to the investment management industry, on Monday reported fourth-quarter net earnings of $14.7 million or $0.27 per share compared with $11 million or $0.20 per share last year.

Excluding items, adjusted earnings for the quarter were $0.36 per share compared with $0.32 per share a year ago.

Revenues for the quarter were $100.7 million compared with $97.6 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.36 per share on revenues of $100.56 million for the quarter. Analysts' estimates typically exclude special items.

Separately, Advent agreed to be acquired by SS&C Technologies Holdings Inc (SSNC) for an enterprise value of about $2.7 billion in cash, equating to $44.25 per share plus assumption of debt.

***

31. Peoples Federal Bancshares, Inc. (PEOP) reported fourth quarter net income of $146,000, or $0.02 per share as compared to $554,000, or $0.09 per share for the comparable period a year ago.

Net interest and dividend income for the quarter was $4.3 million, flat with the year ago quarter.

***

32. MDU Resources Group Inc. (MDU) reported fourth-quarter income from continuing operations of $80.1 million or $0.42 per share, compared to $91.3 million or $0.48 per share, prior year. Total earnings per share were $0.43, compared to $0.48. Adjusted earnings per share were $0.35, for the quarter.

The company noted that, because of the strategic decision to market the exploration and production business, adjusted earnings are defined as results from its utility, pipeline and energy services and construction businesses. Earnings are adjusted for certain items and exclude results for its exploration and production business.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.39 for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $1.16 billion from $1.18 billion last year. Analysts expected revenue of $1.15 billion for the quarter.

The company has initiated 2015 adjusted earnings per share guidance in the range of $1.05 to $1.20. GAAP earnings per share is expected to be in the range of $0.80 to $0.95 for 2015 excluding any potential ceiling test impairments. Analysts expect the company to report 2015 earnings per share of $1.42.

***

33. First Bank (FRBA)

Net income for the fourth quarter was $586 thousand or $0.06 per share, compared to $311 thousand or $0.05 per share for the year ago quarter.

Net interest income for the fourth quarter totaled $6.1 million, an increase of 68.4% from the fourth quarter of last year.

Analysts expected the company to report net income of $0.12 per share on revenues of $5.93 million for the period.

***

34. Select Bancorp, Inc. (SLCT)

For fourth quarter, the company reported net income of $1.3 million or $0.12 per share compared to $239,000 $0.03 per share a year ago.

Q4 Net interest income was $6.96 million vs $4.27 million a year ago.

Analysts expected the company to report net income of $0.11 per share on revenues of $6.98 million for the period.

***

35. Dave & Buster's Entertainment, Inc., (PLAY)

Q4 Total revenues are estimated to range between $203.8 million and $204.8 million; Consensus $190.62 million.

***

36. TowneBank (TOWN)

Net income for the fourth quarter was $7.23 million or $0.20 per share versus $9.67 million or $0.27 per share last year.

Q4 Net interest income increased to $37.14 million, a 1.87%, increase from the fourth quarter a year ago.

***

37. Quotient Limited (QTNT)

Total revenue for the third quarter was $4.1 million vs $3.9 million a year ago.

Net loss for third quarter was $42.3 million, $2.80 per share compared with a net loss of $3.3 million, or $3.94 per share in the comparable period last year.

***