After Hours Movers: LSI, URI, NFLX, FTWR, SNDK, ETFC

LSI Corporation (NYSE:LSI) is up 5.93% in after hours trading at $7.50. LSI shares are increasing after the company narrowed their loss in the fourth quarter and had an upbeat outlook. The company has a market cap of 3.99 billion.

United Rentals, Inc. (NYSE:URI) is up 4.98% in after hours at $36.50. URI announced their fourth quarter earnings and provided an outlook for 2012 right after market close today. Adjusted EPS came in at $0.82 per diluted share compared to $0.16 per diluted share in the same quarter last year. Rental revenue jumped 18.5% in the fourth quarter. The company expects an increase in rental rates of 5% in 2012 and net rental capital expenditures of between $770 and $820 million. The company has a market cap of 2.18 billion.

Netflix, Inc. (NASDAQ:NFLX) is up 12.54% in after hours trading at $106.98. NFLX shares are heading higher after the company’s fourth quarter earnings beat Wall Street estimates. Netflix saw revenue increase 47% from the same quarter a year ago. The company added 600 thousand U.S. subscribers in the fourth quarter as users’ outrage from earlier this year dissipates. The company has a market cap of 4.99 billion.

FiberTower Corporation (NASDAQ:FTWR) is down 41.39% in after hours trading at $0.21. FTWR received a Nasdaq delisting notice this afternoon. The company has a market cap of 16.72 million. Check out one of the best swing traders on the street.

SanDisk Corporation (NASDAQ:SNDK) is down 3.92% in after hours at $50.29. SNDK reported a 42% drop in earnings for the fourth quarter. Excluding items, SanDisk earned $1.29 per share, beating estimates of $1.26 a share. The company has a market cap of 12.58 billion.

E Trade Financial Corporation (NASDAQ:ETFC) is down 2.88% in after hours trading at $9.09. ETFC shares are down after the company announced fourth quarter earnings. ETFC reported a fourth quarter loss of $0.02 per share with revenue of $475 million. The company has a market cap of 2.66 billion. Check out one of the best swing traders on the street.

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Danny is the old hat at Active Investor. One of the been around the block a few times traders, his main focus is on overall market conditions. Be it some new merger talk or Washington being Washington, you can expect Danny will be on top of it.
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