Rackspace Hosting and Insight Enterprises Among Key Stocks Lifting Investor Earnings Spirits

Rackspace Hosting, Inc (NYSE:RAX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 0% to $0.18 in the quarter versus EPS of $0.18 in the year-earlier quarter. Revenue Rose 17.87% to $376 million from the year-earlier quarter.

Rackspace Hosting, Inc reported adjusted EPS income of $0.18 per share. By that measure, the company beat the mean analyst estimate of $0.13. It beat the average revenue estimate of $372.25 million.

RAX 20130810

Insight Enterprises Inc. (NASDAQ:NSIT) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 21.52% to $0.62 in the quarter versus EPS of $0.79 in the year-earlier quarter. Revenue Decreased 7.37% to $1.42 billion from the year-earlier quarter.

Insight Enterprises Inc. reported adjusted EPS income of $0.62 per share. By that measure, the company beat the mean analyst estimate of $0.61. It missed the average revenue estimate of $1.44 billion.

NSIT 20130810

NVIDIA Corporation (NASDAQ:NVDA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 15.79% to $0.16 in the quarter versus EPS of $0.19 in the year-earlier quarter. Revenue Decreased 6.42% to $977.2 million from the year-earlier quarter.

NVIDIA Corporation reported adjusted EPS income of $0.16 per share. By that measure, the company beat the mean analyst estimate of $0.13. It beat the average revenue estimate of $976.43 million.

NVDA 20130810

Emulex Corp. (NYSE:ELX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 42.31% to $0.15 in the quarter versus EPS of $0.26 in the year-earlier quarter. Revenue Decreased 6.64% to $120.4 million from the year-earlier quarter.

Emulex Corp. reported adjusted EPS income of $0.15 per share. By that measure, the company beat the mean analyst estimate of $0.13. It beat the average revenue estimate of $119.74 million.

ELX 20130810

Higher One Inc. (NYSE:ONE) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 55.56% to $0.04 in the quarter versus EPS of $0.09 in the year-earlier quarter. Revenue Rose 2.8% to $40 million from the year-earlier quarter.

Higher One Inc. reported adjusted EPS income of $0.04 per share. By that measure, the company missed the mean analyst estimate of $0.07. It missed the average revenue estimate of $45.02 million.

ONE 20130810

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