Shares of SourceFire Inc. (NASDAQ: FIRE), a company engaged in the business of delivering intelligent cybersecurity technologies, are seeing a huge rally in early trading today. At last check, FIRE shares were trading 14.75% higher at $49.10 on volume of 34,018. The stock hit an intra-day high of $49 in early trading today.
FIRE shares are soaring in early trading today after the company reported its third-quarter financial results. For the third quarter of 2012, FIRE reported net income of $1.2 million, or $0.04 per share, compared to $2 million, or $0.07 per share reported for the same period in the previous year.
The company’s adjusted net income for the third quarter was $7.6 million, or $0.25 per share. Revenue for the quarter was $58.8 million, compared to $45.2 million reported for the same period in the previous year. Analysts were expecting the company to report adjusted earnings of $0.21 per share and revenue of $55.78 million for the third quarter.
Shares of Teradata Corporation (NYSE: TDC), a Dayton, Ohio-based company engaged in analytic data solutions, are down sharply in early trading today. At last check, TDC shares were trading 9.06% lower at $62.12 on volume of 98,851. The stock fell to an intra-day low of $60.31.
TDC shares are sinking in early trading today after the company reported its third-quarter financial results. For third quarter ended September 30, 2012, TDC reported revenue of $647 million, representing an increase of 7% over the same period in the previous year.
TDC’s gross margin on a GAAP basis for the quarter was 55.8%, an improvement of 130 basis points over the same period in the previous year. On a non-GAAP basis, the company’s gross margin improved 150 basis points to 56.9%. GAAP net income for the quarter was $104 million, or $0.60 per share, compared to $87 million, or $0.51 per share reported for the same period in the previous year. Non-GAAP net income for the quarter was $119 million, or $0.69 per share, compared to $101 million, or $0.59 per share reported for the same period in the previous year.
Shares of Heartland Payment Systems Inc. (NYSE: HPY), a provider of bankcard payment processing services to merchants in the U.S. and Canada, are seeing a huge rally in trading today. At last check, HPY shares were trading 11.85% higher at $29.17 on above average volume of 743,684. The stock hit an intra-day high of $29.38 in early trading today.
HPY shares are soaring in trading today after the company reported record third-quarter earnings. For the third quarter of 2012, HPY reported GAAP net income of $19.4 million, or $0.48 per share. The company’s adjusted net income for the quarter was $21.7 million. Adjusted earnings share for the quarter were $0.53.
Robert Carr, Chairman and CEO of Heartland Payment Systems, said that the company is pleased to report the most profitable quarter in its history, with net revenue growing 17% and the operating margin expanding to 23.5% to drive a 56% increase in quarterly operating income. Carr said that returning over $275 million of Durbin Dollars to merchants has significantly increased merchants’ awareness of processing costs, which has allowed the company to sustain double-digit new business growth and achieve record quarterly transaction processing volumes.
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