3 Stocks Lightning Up Trading Screens After Earnings

Rackspace Hosting Inc. (NYSE:RAX) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Rackspace Hosting Inc. rose to $25 million (18 cents per share) vs. $13.5 million (10 cents per share) in the same quarter a year earlier. This marks a rise of 85% from the year earlier quarter. Revenue rose 31.9% to $283.3 million from the year earlier quarter. Rackspace Hosting Inc. beat the mean analyst estimate of 15 cents per share. Analysts were expecting revenue of $281 million.

“We are very pleased with the financial results we have generated for the fourth quarter and the full year. We accomplished our financial objectives for 2011 and ended the year really strong,” said Karl Pichler, chief financial officer.

Competitors to Watch: Equinix, Inc. (NASDAQ:EQIX), SAVVIS, Inc. (NASDAQ:SVVS), Akamai Technologies, Inc. (NASDAQ:AKAM), Computer Sciences Corp. (NYSE:CSC), InterNAP Network Services (NASDAQ:INAP), Intl. Business Machines Corp. (NYSE:IBM), EarthLink, Inc. (NASDAQ:ELNK), Hewlett-Packard Company (NYSE:HPQ), Microsoft Corporation (NASDAQ:MSFT), and Onstream Media Corp (NASDAQ:ONSM).

Limelight Networks, Inc. (NASDAQ:LLNW) reported its results for the fourth quarter. Loss widened to $6.6 million (6 cents per diluted share) from $6.3 million (loss of 6 cents per share) in the same quarter a year earlier. Revenue rose 6.9% to $46 million from the year earlier quarter. Limelight Networks, Inc. reported an adjusted net loss of one cent per share. By that measure, the company beat the mean analyst estimate of a loss of 6 cents per share. Analysts were expecting revenue of $45.4 million.

“After two years of transformational work, Limelight Networks now offers high-value integrated solutions which allow our customers to manage their entire digital presence across web, mobile, social, and large screen channels,” said Jeff Lunsford, chairman and chief executive officer. “These cloud-based solutions are being well-received by customers and prospects, and helped us to exceed our revenue forecasts for the fourth quarter. Our high-performance global computing platform allows us to offer advanced features across mobile, On-line Video Platform, content management, front-end acceleration, content delivery, transcoding, live streaming, social enablement and cloud storage. The integration of these differentiates us from point solution providers and allows us to solve complex business problems for our customers. Our content delivery business also helped us exceed revenue forecasts, growing 9% sequentially during a third quarter in a row of favorable CDN pricing trends.”

Competitors to Watch: Akamai Technologies, Inc. (NASDAQ:AKAM), InterNAP Network Services (NASDAQ:INAP), Adobe Systems Incorporated (NASDAQ:ADBE), Rackspace Hosting, Inc. (NYSE:RAX), Microsoft Corporation (NASDAQ:MSFT), The Walt Disney Company (NYSE:DIS), RealNetworks, Inc. (NASDAQ:RNWK), Equinix, Inc. (NASDAQ:EQIX), and SAVVIS, Inc. (NASDAQ:SVVS).

Fidelity National Information Services, Inc. (NYSE:FIS) reported its results for the fourth quarter. Net income for the business services company rose to $117 million (39 cents per share) vs. $110.6 million (36 cents per share) in the same quarter a year earlier. This marks a rise of 5.8% from the year earlier quarter. Revenue rose 7% to $1.49 billion from the year earlier quarter. Fidelity National Information Services, Inc. reported adjusted net income of 66 cents a share. By that measure, it beat the mean analyst estimate of 65 cents per share. Analysts were expecting revenue of $1.49 billion.

Competitors to Watch: Visa Inc. (NYSE:V), Alliance Data Systems Corp. (NYSE:ADS), MasterCard Incorporated (NYSE:MA), American Express Company (NYSE:AXP), NetSpend Holdings Inc (NASDAQ:NTSP), Green Dot Corporation (NYSE:GDOT), Global Payments Inc. (NYSE:GPN), Intl. Business Machines Corp. (NYSE:IBM), M & F Worldwide Corp. (NYSE:MFW), and Total System Services, Inc. (NYSE:TSS).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com