Weight-loss company Nutrisystem (NASDAQ:NTRI) beat analyst expectations after the closing bell yesterday with its third quarter earnings report.
Nutrisystem said net income totaled $9.2 million, or $0.32 per share, compared to $8.5 million, or $0.27 per share, in the same quarter last year.
Revenue dipped 4%, to $121.2 million.
Nutrisystem also hiked its full-year earnings outlook, to earnings of $1.12 to $1.16 per share, compared to a prior forecast of $1.07 to $1.12 per share.
Also late yesterday, educational toy producer Leapfrog (NYSE:LF) also beat Wall Street expectations with its third quarter earnings announcement.
Leapfrog said Q3 profits totaled $15.8 million, or $0.24 per share, compared to $7.2 million, or $0.11 per share, in the same quarter last year.
Sales grew 23%, to $138 million.
Leapfrog affirmed its full year forecast for sales growth of 15%-20%, and said the company as good momentum headed into the holiday season.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
No friend, no book, no broker, no advisor, no expert has ever
Launch related slideshow:
Friday 5/24 Insider Buying Report: PMT, VOCS
Thursday 5/23 Insider Buying Report: MDT, WD
Thursday 5/23 Insider Buying Report: SREV, CYCC
Daily Wrap: May 23, 2013
Ralph Lauren and Perry Ellis Disappoint
Daily Wrap: May 22, 2013
Analyst Moves: CRM, CRUS, MRVL
Analyst Moves: PHM, PG, GPS
Analyst Moves: P, WSM, WFT
Friday Sector Leaders: Education & Training Services, Metals & Mining Stocks
Friday Sector Laggards: Auto Parts, Music & Electronics Stores
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Friday's ETF with Unusual Volume: KIE
Friday's ETF Movers: ICLN, LIT
SLV, CHIM: Big ETF Outflows
Daily Dividend Report: ANF, FLS, IPG, A, VNR
Daily Dividend Report: TUP, HD, PCP, CBS, CME
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Midday Report: May 24, 2013
Initial Jobless Claims Fall
Initial Jobless Claims Jump by 32k
Weekly Market Wrap: May 24, 2013
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013