Facebook (NASDAQ:FB): In one week, 500,000 have downloaded Facebook Home — but don’t appear too happy with it, awarding it with a 2.2 star rating out of 5 on Google’s Play Store. The number seems somewhat marginal for Facebook, which has a user pool of over 1 billion people — Instagram had over 1 million downloads in the first 24 hours of its Android release — but it is important to remember that only a handful of Android-powered devices are currently compatible with Home currently.
Check Point (NASDAQ:CHKP): Check Point fell nearly in line with its earnings estimates, bringing in $0.79 per share — beating projections by $0.01. Revenue fell just short at $322.7 million, which despite being up 3.1 percent year-over-year, fell about $6 million shy of estimates. “In the first quarter we significantly advanced attack prevention with the introduction of our leading-edge Threat Emulation Software Blade that prevents infections from undiscovered exploits, zero-day and targeted attacks,” said the company, which as been recognized by Gartner, IDC, and NSS Labs for its software.
Serepta Therapeutics (NASDAQ:SRPT): Serepta got a lift in pre-market on Monday, from an initiation of coverage by Needham at a Buy with a $57 price target. Analyst Chad Messer cited eteplirsen, a therapy that corrects the genetic defect leading to a specific form of Duchenne’s muscular dystrophy, as a leading strength for the company.
Harmonic (NASDAQ:HLIT): Shares of Harmonic are riding high, after the company announced that it intends to repurchase up to $100 million worth of its common stock through a modified “Dutch-Auction” tender offer. The company will not pay less than $5.75-$6.25 per share, and may buy back as many as 16 million shares.
Six Flags (NYSE:SIX): A favorable calendar shift helped the amusement park giant beat its estimates for the first quarter, which lifted the company to 32 percent growth over the same quarter last year. Earnings were recorded at -$1.23, up $0.40 over projections. $88 million in revenue beat estimates by $19.8 million. ”We delivered another record performance in attendance, revenue and cash flow thanks to strong execution by the entire Six Flags team,” said Jim Reid-Anderson, Chairman, President and CEO. “We will continue to delight our guests with enhanced offerings across all of our parks as we focus on achieving our aspirational target of $500 million of Modified EBITDA or nearly $6 of cash earnings per share by 2015.”
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