Quiksilver, Inc. (NYSE:ZQK) fell 6% to $3.86 after the company said that it earned $8.31 million, or 6 cents a share in the fiscal third-quarter, compared with $1.35 million, or 1 cent per share, in the corresponding quarter last year.
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On an adjusted basis, the company earned 8 cents per share in the latest quarter. Revenue fell to $441.5 million from $501.4 million.
Quiksilver, Inc. is a diversified company that designs, produces and distributes branded apparel, footwear, accessories and related products. Its products are sold in over 90 countries in a range of distribution channels, including surf shops, skateboard shops, snowboard shops, its concept stores, other specialty stores and select department stores.
ArcSight Inc. (NASDAQ:ARST) fell 0.50% to $37.67 despite the company posted a better than expected fiscal first-quarter earnings.
The company said that it earned $3.0 million, or 8 cents a share, compared with $1.0 million, or 3 cents a share, in the year-earlier quarter. On an adjusted basis, the company earned 18 cents per share in the latest quarter.
Revenue soared to $48.13 million from $34.55 million.
Analysts were expecting the company to report earnings of 13 cents per share on revenue of $45.53 million.
For the current quarter, the company now expects to generate revenue of $55 million to $57 million, with a non-GAAP profit of $0.19 - $0.20 a share; ahead of previous analysts estimates of 17 cents per share on a revenue of $52.61
ArcSight, Inc. is a provider of enterprise threat and risk management solutions that protect business and government enterprises. The enterprise threat and risk management platform collects, consolidates and correlates network and user activity data across the enterprise.
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H&R Block, Inc. (NYSE: HRB) surged 8.51% to $13.64 after the company reported a higher than expected revenue in fiscal first-quarter.
The company said that its fiscal first-quarter net loss rises slightly of $130.7 million or $0.41 per share for the first quarter, compared to a loss of $133.6 million or $0.40 per share in the year-ago quarter.
Revenue also fell slightly to $274.5 million from $273.5 million. Analysts, on average, expected the company to post a loss of 41 cents a share on revenue of $265.12 million. Shares of the company jumped more than 7% in evening trading.
H&R Block, Inc. (H&R Block) has subsidiaries that provide tax, banking, and business and consulting services.
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