Today's Trading

Thursday after hours

SMALLCAP MARKETPLACE
Mary Ann Azevedo | Apr 19, 2007 5:16pm EDT
Rating: Unrated

The following small-cap companies are making news in after-hours trading:

Shares of Nabi Biopharmaceuticals (Nasdaq: NABI) climbed $0.35, or 6.3%, to $5.88 in after-hours trading today on news of the firm’s plans to sell its Aloprim for Injection product to Ireland’s Bioniche Teoranta for $3.7 million. Boca Raton, Fla.-based Nabi will receive $1.3 million when the deal closes sometime in the second quarter, and another $1 million at the end of 2008.

RightNow Technologies’ (Nasdaq: RNOW) stock dipped $1.26, or nearly 7%, late today despite reporting first quarter income and revenue that topped analysts’ estimates. Looking ahead, the Bozeman, Mt.,-based software company estimate that its second quarter results would fall below analysts’ expectations.
 
Shares of Stamps.com (Nasdaq: STMP) fell $1.05, or nearly 7%, on heavy volume in after-hours trading today after the Los Angeles, Calif.,-based provider of Internet-based postage services reported decreased first quarter revenue. Earnings per share of $0.14, however, were in line with the expectations of four analysts polled by Thomson First Call.

Zhone Technologies Inc.’s (Nasdaq: ZHNE) stock dropped $0.17, or 11.5%, to $1.31 in after-hours trading today despite the news that the Oakland, Calif.-based advanced communications equipment provider had met analysts’ earnings estimates while exceeding revenue expectations. Zhone earned $4.8 million, or $0.03 per share, on revenue of $43.1 million for the quarter ended March 31. Four analysts polled by Thomson First Call had estimated a net loss of 3 cents per share on revenue of $41.8 million.

Shares of Packateer Inc. (Nasdaq: PKTR) rose by $0.22, or 2.5%, to $9 in after-hours trading today despite the Cupertino, Calif.-based WAN application delivery company posting a net loss for the first quarter when 11 analysts polled by Thomson First Call had expected earnings of $0.01 per share. The firm topped revenue expectations – reporting sales of $34.7 million for the quarter ended March 31 versus estimates of $32 million in revenue.

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