Monday, July 24, 2006

Earnings Releases: ZRAN, TIE, GRP, SNDK

ZRAN
Revenue up 35% Y/Y and beats expectations by 7%
Stock gets hit 15% after announcing a challenging Q3 forecast
No additional data
Prognosis - get out. Don't stay where things are dicey

TIE
Revenues up 64% Y/Y
Earnings up 105% (excluding last year's one time accounting credit of $0.05, otherwise up 55%)
Beat analyst estimates by ~25%
They also raised estimates for the year by 10%
Margins increased
Stock is up 7%

GRP
Revenues increased 36% Y/Y
Earnings are up 300% (or 100% after last year's accounting earnings debit)
They beat earnings expectations by 15%
Margins increased
Earnings forecast were raised by 10%

SNDK
Great quarter. Way up on expectations

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