Earnings After The Bell- Dec. 2

(RTTNews) - Here is a quick summary of the earnings reported after the bell on Dec. 2

Nevro Loss Widens

Bob Evans Farms Q2 Profit Tops Estimate; Revenue Falls Short

Bazaarvoice Loss Narrows

Ascena Retail Q1 Profit Tops Estimate

Guidewire Software Results Top Estimate; Guides Q2, FY Adj. EPs Above Street

Kewaunee Scientific Q2 Earnings Climb

Boot Barn Swings To Profit

Powell Industries Q4 Profit Falls; FY15 Outlook Weak

Universal Technical Institute Q4 Profit Tops Estimate

OmniVision Results Top Estimate, Q3 Outlook Weak; Stock Down 3%

Alico Q4 Profit Up

SIFCO Q4 Income From Cont. Ops. Down

1. Nevro Corp (NVRO), a medical device company, Tuesday reported third-quarter net loss of $7.9 million or $5.96 per share compared with a loss of $5 million or $5.54 per share last year.

Pro forma loss for the quarter was $0.48 per share compared with $0.31 per share a year ago.

Revenues for the quarter were $8.7 million compared with $6.2 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.66 per share on revenues of $8.3 million for the quarter. Analysts' estimates typically exclude special items.

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2. Bob Evans Farms, Inc. (BOBE) reported net income for the second quarter of $6.0 million or $0.25 per share, compared to $6.1 million or $0.23 per share for the year-ago quarter.

Excluding items, adjusted net income for the second quarter was $8.6 million or $0.36 per share, compared to $9.5 million or $0.35 per share in the prior year quarter.

Net sales for the second quarter increased 0.2% to $333.28 million from $332.60 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.33 per share on revenue of $343.76 million for the second quarter. Analysts' estimates typically exclude special items.

The company said it now expects fiscal 2015 adjusted earnings to be $1.90 to $2.10 per share, compared to its prior guidance of $1.90 to $2.20 per share.

The company also lowered its fiscal year 2015 revenue outlook to a range of $1.35 billion to $1.37 billion from its prior outlook of $1.38 billion to $1.40 billion.

Analysts currently expect the company to earn $1.92 per share on revenue of $1.38 billion for the fiscal year 2015.

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3. Bazaarvoice Inc. (BV), a provider of social commerce solutions, reported second-quarter net loss of $9.9 million or $0.13 per share compared with a loss of $14 million or $0.19 per share last year.

Excluding items, adjusted loss for the quarter was $0.05 per share compared with $0.09 per share a year ago.

Revenues for the quarter were $47.3 million compared with $41 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.09 per share on revenues of $46.7 million for the quarter. Analysts' estimates typically exclude special items.

The company said its number of active clients at the end of the quarter was 1,258 and the number of network clients was over 2,300.

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4. Ascena Retail Group, Inc. (ASNA) reported net income for the first quarter of $53.5 million or $0.32 per share, compared to $52.6 million or $0.32 per share for the year-ago quarter.

Excluding items, adjusted earnings for the latest quarter were $0.28 per share.

Net sales for the first quarter declined to $1.194 billion from $1.196 billion a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.26 per share on revenue of $1.19 billion for the first quarter. Analysts' estimates typically exclude special items.

The company reaffirmed its fiscal 2015 guidance for adjusted earnings per share from continuing operations in the range of $0.90 to $1.00. Analysts currently expect the company to earn $0.91 per share for the fiscal year 2015.

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5. Guidewire Software Inc (GWRE), a provider of software for the insurance industry, reported first-quarter net loss of $3 million or $0.04 per share compared with a loss of $6.4 million or $0.11 per share last year.

Excluding stock-based compensation expense and other items, adjusted earnings for the quarter were $0.08 per share compared with a loss of $0.03 per share a year ago.

Revenues for the quarter were up 20% at $79.7 million compared with $66.5 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.03 per share on revenues of $76 million for the quarter. Analysts' estimates typically exclude special items.

For the second quarter, the company expects adjusted earnings of $0.09 to $0.12 per share on revenues of $81.6 million to $88.6 million. Analysts expect earnings of $0.08 per share on revenues of $87 million.

For the full year, the company expects adjusted earnings of $0.43 to $0.50 per share on revenues of $366.7 million to $382.4 million. Analysts expect earnings of $0.44 per share on revenues of $376.6 million.

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6. Kewaunee Scientific Q2 Earnings Climb

Kewaunee Scientific Corporation (KEQU) net earnings for the second quarter increased 65.8 percent to $1.2 million or $0.45 per diluted share, from $725,000, or $0.28 per diluted share, in the second quarter last year.

Sales for the quarter increased 15.9 percent to $30.26 million from $26.1 million in the second quarter last year.

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7. Boot Barn Holdings Inc. (BOOT) reported second-quarter net earnings of $1 million or $0.05 per share compared with a loss of $ 1.4 million or $0.07 per share last year.

Excluding items, pro forma adjusted net income for the quarter was $0.09 per share compared with $0.04 per share a year ago.

Revenues for the quarter were $86.4 million compared with $77.4 million in the prior year.

For the full year, the company expects pro forma adjusted net income of $0.62 to $0.66 per share .

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8. Powell Industries, Inc. (POWL) reported net income for the fourth quarter of $2.4 million or $0.20 per share, compare to $18.6 million or $1.54 per share for the year-ago quarter.

Income from continuing operations for the fourth quarter was $2.4 million or $0.20 per share, compared to income from continuing operations of $17.3 million, or $1.44 per share in the fourth quarter of last year. Excluding the special items, income from continuing operations for the fourth quarter of last year was $9.1 million or $0.75 per share.

Revenues for the fourth quarter fell to $162.85 million from $176.24 million a year ago.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.08 per share on revenue of $148.37 million for the fourth quarter.

Based on its backlog and current business conditions, Powell Industries currently expects full year fiscal 2015 revenues to range between $650 million and $710 million and full year fiscal 2015 earnings to range between $1.75 and $2.30 per share. Analysts currently expect the company to earn $2.46 per share on revenue of $738.80 million for the fiscal year 2015.

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9. Universal Technical Institute, Inc. (UTI) reported net income for the fourth quarter of $1.6 million or $0.06 per share, compared to $0.9 million or $0.04 per share for the year-ago quarter.

Severance costs of $1.3 million (pre-tax) impacted earnings per share by about $0.04 for the fourth quarter ended September 30, 2014 compared to severance costs of $1.6 million (pre-tax), or $0.03 per share, for the quarter ended September 30, 2013.

Revenues for the fourth quarter fell 0.5% to $95.3 million from $95.8 million a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.07 per share on revenue of $95.06 million for the fourth quarter. Analysts' estimates typically exclude special items.

For the full year ending September 30, 2015, the company expects new student starts as well as its average student population to be down in the mid-single digits. While annual tuition increases will slightly offset the decline in average students, the company expects revenue to decline about 3% to 4%.

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10. OmniVision Technologies Inc. (OVTI), a developer of advanced digital imaging solutions, reported second-quarter net earnings of $28 million or $0.47 per share compared with $26.3 million or $0.47 per share last year.

Excluding items, adjusted earnings for the quarter were $0.60 per share.

Revenues for the quarter were $394 million compared with $397.2 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.51 per share on revenues of $378 million for the quarter. Analysts' estimates typically exclude special items.

Gross margin for the quarter rose to 22% from 18.8% last year.

For the third quarter, the company expects adjusted earnings of $0.22 to $0.38 per share on revenues of $275 million to $305 million. Analysts expect earnings of $0.33 per share on revenues of $331.7 million.

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11. Alico Q4 Profit Up

Alico, Inc. (ALCO) reported-fourth quarter total operating revenue of $7.5 million as compared to $6.7 million for the fourth quarter of fiscal year 2013.

Net income for the period stood at $3.6 million, or $0.48 per share, compared with $11.8 million, or $1.60 per share, in the fourth quarter of fiscal 2013.

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12. SIFCO Q4 Income From Cont. Ops. Down

SIFCO Industries, Inc. (SIF) reported income from continuing operations of $1.0 million, or $0.17 per share for the fourth quarter, compared with $3.9 million, or $0.73 per share, during the corresponding period last year.

Net sales for the fourth quarter were $33.0 million, compared with $31.9 million in the fourth quarter of fiscal 2013.

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