Shares of Shutterfly Inc. (NASDAQ: SFLY), a provider of a range of personalized photo-based products and services that enable consumers to upload, edit, enhance, organize, find, share, create, print and preserve their memories, are seeing a huge rally in trading today after the company reported its fourth-quarter and full-year 2012 financial results.
SFLY reported fourth-quarter net revenue of $351.8 million, up 33% on a year-over-year basis. The company’s net revenue for the full-year 2012 was $640.6 million, representing an increase of 35% over 2011. SFLY reported record full-year adjusted EBITDA of $128.1 million, up 53% from 2011.
Jeffery Housenbold, President and CEO of Shutterfly, said that the company’s unwavering commitment to innovation, outstanding product quality, stylish designs, exceptional customer service and overall value, combined with its focus on strong execution led to another year of record revenue, adjusted EBITDA and free cash flows.
SFLY shares rose to a 52-week high of $40.20 in trading today. At last check, the stock was trading 19.11% higher at $40.01 on above average volume of 2.32 million.
Shares of C.H. Robinson Worldwide Inc. (NASDAQ: CHRW), a third party logistics company providing freight transportation services and logistics solutions to companies of all sizes in a variety of industries, are down sharply in trading today after the company’s fourth-quarter earnings missed estimates.
CHRW reported fourth-quarter earnings of $356.39 million, or $1.58 per share, compared to $109.21 million, or $0.67 per share reported for the same period in the previous year. Adjusted earnings for the quarter were $108.57 million, or $0.68 per share, below consensus forecast of $0.70 per share.
CHRW’s revenue for the quarter was $2.97 billion, up 13% from the same period in the previous year. Analysts were expecting the Eden Prairie-based company to report revenue of $2.87 billion.
CHRW shares fell to an intra-day low of $60.18 earlier today. At last check, the stock was trading 9.57% lower at $60.60 on above average volume of 1.36 million.
Shares of Take-Two Interactive Software Inc. (NASDAQ: TTWO), a developer, marketer and publisher of interactive entertainment for consumers worldwide, are soaring in trading today after the company reported strong results for the third quarter of fiscal 2013.
For the quarter ended December 31, 2012, TTWO reported GAAP net revenue of $415.8 million, compared to $236.3 million reported for the same period in the previous year. The company’s non-GAAP net revenue for the quarter was $405 million, compared to $236.3 million reported for the same period in the previous year.
TTWO’s GAAP net income from continuing operations was $70.9 million, or $0.66 per share, compared to $14.2 million, or $0.16 per share reported for the same period in the previous year. On a non-GAAP basis, the company’s net income for the quarter was $78.8 million, or $0.67 per share, compared to $29 million, or $0.27 per share reported for the same period in the previous year.
TTWO shares rose to an intra-day high of $13.97 earlier today. At last check, the stock was trading 10.82% higher at $14.03 on volume of 1.08 million.
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