Aside from new mortgage rules for banks, and oil (NYSE:USO) holding strong, Tuesday was earnings day for these 4 companies.
1) Tibco Software (NASDAQ:TIBX): Shares are down 5.6% in late trading. The company released fiscal Q1 results after the closing bell. EPS of 16 cents beat estimates by only 1 penny. Revenue for the quarter was $185.3 million, an increase of 20% from last year in the same period. The company provides middleware and infrastructure software across the globe.
2) Apollo Group (NASDAQ:APOL): Although fiscal Q2 EPS of 83 cents beat estimates by 14 cents, shares closed down 4.25% after earnings on Tuesday. Revenue decreased 2.2% from last year to $1.05 billion. The company provides educational programs and services to colleges across the country, as well as Puerto Rico.
3) Lennar (NYSE:LEN): The home builder and financial services provider saw its shares slip 3.44% the day after an ugly Case-Shiller housing report. Before Tuesday’s opening the bell, the company released fiscal Q1 results. EPS of 14 cents beat estimates by 19 cents. Revenue at the company also increased 8.7% to $557.9 million.
4) Document Security Systems (AMEX:DMC): After the closing bell, shares jumped 2.25% on positive Q4 results. Sales increased a whopping 77% to $4.1 million for Q4. The company did report a net loss of 26 cents per share, compared to a net loss of 27 cents per share last year. The company makes and markets paper and plastic products to protect information from unauthorized copying and scanning.
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Disclosure: No positions