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Earnings Analysis: 
Synopsys Net Falls 58%; Aeropostale Net Up 47%
Author: Mita Yagnik
123jump.com
Last Update: 3:56 AM ET December 03 2009



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Synopsys, Inc fourth quarter revenues fell 4% to $338.3 million and net income fell 58% to $19.5 million or 13 cents a share. Aeropostale, Inc third quarter sales rose 18% to $567.8 million and net income rose 47% to $62.6 million or 92 cents a share.

 
[R]3:40AM New York - Synopsys, Inc revenue fell 4% and net income fell 58%. Aeropostale, Inc sales rose 18% and net income rose 47%.[/R]

Aeropostale, Inc, the apparel retailer said third quarter sales rose 18% to $567.8 million from $482.0 million a year ago. Net income in the quarter rose 47% to $62.6 million or 92 cents per diluted share compared to net income of $42.6 million or 63 cents per share a year ago.

Comparable same-store sales increased 10%.

Aeropostale, Inc (ARO: chart) in the last one year traded as high as $44.85 in September 2009 and as low as $12.52 in December 2008. Based on the yesterday's closing price of $32.70 the company has market cap of $2.20 billion.

Casella Waste Systems, Inc., a regional solid waste, recycling and resource management services company said second quarter revenues fell 15% to $133.7 million from $157.5 million a year ago. Net loss in the quarter was $1.6 million or 6 cents per diluted share compared to net income of $2.1 million or 8 cents per share a year ago.

Casella Waste Systems, Inc. (CWST: chart) in the last one year traded as high as $5.03 in December 2008 and as low as $0.53 in March 2009. Based on the yesterday's closing price of $4.06 the company has market cap of $104.48 million.

Collective Brands, Inc., the shoe retailer said third quarter sales rose 0.5% to $867.0 million from $862.7 million a year ago. Net income in the quarter fell 22.3% to $36.9 million or 57 cents per diluted share compared to net income of $47.5 million or 74 cents per share a year ago.

Comparable same-store sales increased 3.1%.

Collective Brands, Inc. (PSS: chart) in the last one year traded as high as $21.85 in October 2009 and as low as $6.22 in December 2008. Based on the yesterday's closing price of $20.17 the company has market cap of $1.29 billion.

Jo-Ann Stores, Inc, a specialty retailer of fabrics and crafts said third quarter sales rose 6% to $509.1 million from $480.1 million a year ago. Net income in the quarter rose 136% to $24.1 million or 90 cents per diluted share compared to net income of $10.2 million or 40 cents per share a year ago.

Comparable same-store sales increased 4.3%.

Jo-Ann Stores, Inc (JAS: chart) in the last one year traded as high as $34.08 in November 2009 and as low as $10.79 in March 2009. Based on the yesterday's closing price of $32.90 the company has market cap of $873.65 million.

SeaChange International, Inc, a provider digital video systems and services said third quarter revenues rose 3% to $53.3 million from $51.8 million a year ago. Net income in the quarter fell 80% to $657,000 or 2 cents per diluted share compared to net income of $3.4 million or 11 cents per share a year ago.

SeaChange International, Inc (SEAC: chart) in the last one year traded as high as $9.98 in August 2009 and as low as $4.20 in March 2009. Based on the yesterday's closing price of $5.83 the company has market cap of $179.91 million.

Synopsys, Inc, the maker of chip testing and development software said fourth quarter revenues fell 4% to $338.3 million from $352.8 million a year ago. Net income in the quarter fell 58% to $19.5 million or 13 cents per diluted share compared to net income of $46.4 million or 32 cents per share a year ago.

Total revenues for the fiscal year 2009 rose 1.5% to $1.36 billion from $1.34 billion a year ago. Net income for the year fell 11.7% to $167.7 million or $1.15 per diluted share compared to net income of $190 million or $1.29 per share a year ago.

Synopsys, Inc (SNPS: chart) in the last one year traded as high as $23.74 in November 2009 and as low as $14.45 in December 2008. Based on the yesterday's closing price of $22.52 the company has market cap of $3.28 billion.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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