MSTR MicroStrategy beats by $0.22 *****
Reports Q2 (Jun) earnings of $1.12 per share, $0.22 better than the Reuters Estimates consensus of $0.90; revenues rose 31.1% year/year to $65.4 mln vs the $62.5 mln consensus.
MSTR up 12% AH.
Live In Play
28-Jul-05
16:15 NTGR NETGEAR beats by $0.01; issues guidance (21.88 +1.68)
Reports Q2 (Jun) earnings of $0.25 per share, excluding non-recurring items, $0.01 better than the Reuters Estimates consensus of $0.24; revenues rose 21.7% year/year to $107.6 mln vs the $109.1 mln consensus, with non-GAAP operating margin in the range of 12.0-12.5%. "We are optimistic, as we enter the seasonally stronger third quarter. Our confidence is based on NETGEAR's market-leading product line-up and anticipated back to school seasonal demand. We expect to benefit from sales momentum in both the US and in Europe along with continued gains in the Asia-Pacific region."
Shaved some 25% of NTGR position before close. Still holding along although dissapointed with the light earnings and guidance. Still holding NTGR long with conviction.
So, PHM, MSTR, and STRA all winners and NTGR, the verdict is still out as I coined on the 9% run up today.
75% is not that bad I would say, STRA up 18%, MSTR 12%, PHM 3%. Not a bad trading day at all! LMAO