Stocks To Watch (SLTM, RUBO, WDFC, DTLK, AVGO)
Solta Medical Inc. (NASDAQ: SLTM) rose 42.22% to $3.20 in afterhours after the company announced it has received FDA 510(k) clearance for the new Fraxel re:store Dual laser system. The Fraxel re:store Dual system takes the industry leading fractional laser technology to the next level by adding a novel 1927 nm wavelength, the first ever application of a Thulium laser in the aesthetics market.
Rubio's Restaurants, Inc. (NASDAQ: RUBO) climbed 26.83% to $7.61 after it announced that its Board of Directors had received an unsolicited letter, dated October 13, 2009, from a group consisting of Alex Meruelo and his affiliates and Levine Leichtman Capital Partners IV, L.P. outlining a proposal to acquire all of the Company's outstanding common stock for $8.00 per share.
WD-40 Company (NASDAQ: WDFC) surged 5.40% to $33.55 after it reports Q4 EPS of $0.46, 6 cents better than the analyst estimate of $0.40. Revenue for the quarter was $77.80 million, which compares to the estimate of $71.65 million. WD-40 Sees FY EPS $1.80 -$1.95, and FY sales up $298 - $318M. Street consensus on sales $293.3M.
Datalink Corporation (NASDAQ: DTLK) dropped 4.35% to $4.40 after it reports Q4 adj-EPS of $0.01, 2 cents lower than the analyst estimate of $0.03. Revenue for the quarter was $42.7 million, which compares to the estimate of $42.77 million. Sees Q4 adj-EPS of $0.03-$0.07, versus the consensus of $0.03, and sales of $45-$49 million, which compares to the Street estimate of $42.77 million.
Avago Technologies Limited (NASDAQ: AVGO) jumped up 3.20% to $17.40 after it raises its Q4 sales guidance from up 7-10% over Q3 to up 15% over Q3. The improvement in forecasted results for the fourth fiscal quarter is primarily the result of stronger than anticipated sales in the wired infrastructure and consumer and computing peripherals end markets.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Pre-Market Outlook Markets Trading Ideas