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Earnings Analysis: 
Earnings: Ciena, Vivus and Carrols
Author: 123jump.com Staff
123jump.com
Last Update: 4:01 PM EST March 07 2008



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Ciena surged 11% after it reported first quarter revenue increase of 38% to $227.4 million and net income increase of 160%. Ciena traded as high as $29 after the earnings release. Vivus, theraputic company fourth quarter revenue tripled to $29.8 million and reported net income of $10.4 million. Carrols Restaurant revenue in the fourth quarter rose 4.5%.

 
VIVUS, Inc. (VVUS: chart), a therapeutic pharmaceutical company reported revenue for the fourth quarter 2007 more than tripled to $29.8 million, as compared to $8.3 million for the fourth quarter of 2006. Net income for the fourth quarter of 2007 was $10.4 million or $0.17 per share on a fully-diluted basis, compared to a net loss of $801,000 or $0.02 per share for the same period last year.

2007 total revenues were $54.7 million, compared to $17.2 million for 2006. Full year net loss was $2.4 million, or $0.04 per share, compared to a net loss of $21.6 million or $0.45 per share for 2006.

Carrols Restaurant Group, Inc. (TAST: chart), a restaurant company reported revenues increased 4.5% to $197.2 million in the fourth quarter 2007, from $188.7 million a year-ago. Net income for the fourth quarter was $3.5 million, or $0.16 per diluted share, compared to $3.7 million, or $0.22 per share, for the quarter in 2006.

2007 revenues increased 5.1% to $789.4 million from $751.4 million in 2006. Full year net income was $15.1 million, or $0.70 per share, compared with $13.4 million, or $0.83 per share in 2006.

Carrols Restaurant stock traded up 34 cents to $8.08.

E-House (China) Holdings Limited (EJ: chart) a real estate broker in China said that revenues were $50.4 million for the fourth quarter of 2007, an increase of 46% from $34.5 million for the same period in 2006. Net income was $22.4 million for the fourth quarter in 2007, an increase of 32% or $0.29 diluted earnings per ADS from $17.0 million for the same period in 2006.

For the full year 2007 total revenues were $121.0 million, an increase of 116% from $56.0 million a year-ago. Net income for the full year 2007 an increase of 130% to $41.7 million, or $0.56 diluted earnings per share ADS from $18.1 million in 2006.

E-House stock declined 85 cents to $14.17.

Ciena Corporation (CIEN: chart), a supplier of communications reported Revenue for the first quarter totaled $227.4 million, representing an increase of 38% over the same period a year ago when the Company reported sales of $165.1 million.

Net income for the fiscal first quarter 2008 was $28.8 million, or $0.28 per diluted share, from net income of $11.1 million, or $0.12 per diluted share, for the same period a year ago.

Ciena Corp stock rose $2.54 to $27.49.
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