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.