Digital River and Novellus Pop Ahead of Earnings Reports

Digital River, Inc. (NASDAQ:DRIV) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for profit of 23 cents per share, a rise of 15% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 22 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 23 cents during the last month. Analysts are projecting profit to rise by 22% versus last year to 61 cents.

Last quarter, the company reported net income of 19 cents per share versus a mean estimate of profit of. The company has beaten estimates for the past three quarters. On average, analysts predict $104.5 million in revenue this quarter, a rise of 7% from the year ago quarter. Analysts are forecasting total revenue of $390.3 million for the year, a rise of 7.4% from last year’s revenue of $363.2 million.

Competitors to Watch: Microsoft Corporation (NASDAQ:MSFT), Akamai Technologies, Inc. (NASDAQ:AKAM), EasyLink Services Intl. Corp. (NASDAQ:ESIC), PFSweb, Inc. (NASDAQ:PFSW), eBay Inc. (NASDAQ:EBAY), GSI Commerce, Inc. (NASDAQ:GSIC), Oracle Corporation (NASDAQ:ORCL), Premiere Global Services, Inc. (NYSE:PGI), Tier Technologies, Inc. (NASDAQ:TIER), and Symantec Corporation (NASDAQ:SYMC).

Novellus Systems, Inc. (NASDAQ:NVLS) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 47 cents per share, a decline of 54.4% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 1.3% versus last year to $3.06.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 4 cents, reporting profit of 72 cents per share against a mean estimate of net income of 68 cents per share. Analysts are projecting a decline of 27.9% in revenue from the year-earlier quarter to $277.3 million.

Competitors to Watch: Mattson Technology, Inc. (NASDAQ:MTSN), Amtech Systems, Inc. (NASDAQ:ASYS), Applied Materials, Inc. (NASDAQ:AMAT), Axcelis Technologies, Inc. (NASDAQ:ACLS), CVD Equipment Corporation (NASDAQ:CVV), Tegal Corporation (NASDAQ:TGAL), ASM Intl. N.V. (NASDAQ:ASMI), Varian Semiconductor (NASDAQ:VSEA), Lam Research Corporation (NASDAQ:LRCX), and FSI International, Inc. (NASDAQ:FSII).

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