TriQuint Semi: Details from ongoing earnings call  (7.17 +0.29)

Mgmt notes revs were down sequentially, citing reduced demand from largest customer and weakness in China… Says Foxconn was the only customer to exceed 10%… Utilization of factories will decline in Q4 due to inventory reduction, which will impact gross margins… Mgmt says participation in Android ramp is below market. Says substantial growth to TQNT is likely delayed until mid-2012, which will put pressure on margins for a few quarters… TQNT is -14.8% at 6.10 in after-hours.

AptarGroup misses by $0.02, beats on revs; guides Q4 EPS below consensus  (48.95 +0.60)

Reports Q3 (Sep) earnings of $0.72 per share, $0.02 worse than the Capital IQ Consensus Estimate of $0.74; revenues rose 16.2% year/year to $601.2 mln vs the $591.2 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.57-0.62 vs. $0.66 Capital IQ Consensus Estimate.

Tal International beats by $0.10, misses on revs  (29.60 +0.14)

Reports Q3 (Sep) earnings of $1.01 per share, $0.10 better than the Capital IQ Consensus Estimate of $0.91; revenues rose 41.1% year/year to $120.9 mln vs the $127 mln consensus. The co also reported “In general, we expect our operating and financial performance to remain strong for the rest of the year. We expect our leasing revenues to grow moderately from the third quarter to the fourth quarter despite the end of the peak season for dry containers as we will benefit from a full period of revenue from containers placed on hire in the third quarter. However, we expect disposal gains to decrease as used container sale prices begin to return to historical levels. Overall, we expect our Adjusted pre-tax income in the fourth quarter of 2011 to be flat or down slightly from the third quarter level.” Looking forward into 2012, we currently expect the market conditions supporting our strong performance – solid trade growth, a favorable supply / demand balance for containers and limited direct container purchases by our customers – to continue into next year. Based on this, we expect our utilization to remain historically high in 2012 and expect to continue to have attractive opportunities to invest in our fleet and grow our business. Leasing revenues for 2012 should be well above the 2011 (Current consensus rev growth for FY12 is 35.1%) level due to the strong growth achieved over the course of this year and likely opportunities for investments next year. However, we expect used container sale prices to continue to moderate and we expect that our disposal gains will decrease from the very high levels reached in 2011 and be more in line with our historical experience next year.” The main risks we see to our positive expectations for 2012 include a renewed severe global recession and the potential for a major customer default. We don’t currently consider either of these events likely, but we are wary of a variety of potential risks for 2012 due to the current increased level of uncertainty in the global economy and the renewed financial pressures facing our customers.”

Ambassadors Group reports EPS of $0.34 vs. $0.40 two analyst estimate; total revenue declined 11% y/y to $26.7 mln vs. $23.1 estimate   (5.99 +0.12)

For FY11, co expectes gross revenue for all programs and operations to be down 4-5% compared to 2010 and net income before any special items of between $4-$5 mln.

USA Mobility reports Q3 EPS of $0.51, ex-items, vs. $0.65 single analyst estimate; revenue was $61.5 mln vs $63.44 mln estimate  (15.99 +0.82)

Co reaffirms FY11 guidance, sees total revs of $235-$246 mln vs. $248.03 mln single analyst estimate, and sees operating expenses of $162-$174 mln.

Inphi reports EPS in-line, misses on revs; guides Q4 EPS above consensus, revs below consensus  (10.54 +0.46)

Reports Q3 (Sep) earnings of $0.01 per share, in-line with the Capital IQ Consensus Estimate consensus of $0.01; revenues fell 24.7% year/year to $16.5 mln vs the $16.8 mln consensus. Co issues mixed guidance for Q4, sees EPS of $(0.01)-$0.02, excluding non-recurring items, vs. ($0.03) Capital IQ Consensus Estimate; sees Q4 revs of $15.5-17.5 mln vs. $18.06 mln Capital IQ Consensus Estimate. “We expect our iMB and RDIMM products to benefit from strong demand for next-generation computing platforms in early 2012. In addition, now that our new 100GbE iPHY CMOS solutions are sampling, we are working hard to translate the high degree of interest into additional design wins in both the networking and data center markets. We believe strongly in our growth opportunities for 2012 and beyond.”

NetLogic beats by $0.08, misses on revs  (49.15 +0.05)

Reports Q3 (Sep) earnings of $0.47 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus Estimate of $0.39; revenues rose 6.7% year/year to $106.8 mln vs the $108 mln consensus.

Ferro misses by $0.04, misses on revs; guides FY11 EPS, revs below consensus  (6.47 +0.29)

Reports Q3 (Sep) earnings of $0.23 per share, excluding non-recurring items, $0.04 worse than the Capital IQ Consensus Estimate of $0.27; revenues rose 3.3% year/year to $546.1 mln vs the $572.8 mln consensus. Co issues downside guidance for FY11, lowers EPS to $0.70-0.80, excluding non-recurring items, from $1.08-1.18 vs. $1.07 Capital IQ Consensus Estimate; lowers FY11 revs to $2.15-2.20 bln from $2.30-2.35 bln vs. $2.31 bln Capital IQ Consensus Estimate. The reduced sales forecast is primarily due to lower sales expectations for electronic materials products, including conductive pastes, metal powders and surface finishing products. Weakening economic conditions, particularly in Europe and the United States, also reduced sales forecasts for a number of product lines, particularly those used in building and construction applications. In addition, the co has updated its foreign currency exchange rate assumptions for the final three months of the year to be consistent with current exchange rates. The co expects sales of conductive pastes to decline by 25 to 35% in the 2011 fourth quarter compared with the sales recorded in the third quarter, based on current order patterns and declines in customer production plans. Previously, the co had expected demand for conductive pastes to begin to recover during the last three months of 2011. In addition, sales of other electronic materials, including metal powders and surface finishing materials, also are expected to decline by 20 to 25 percent in the fourth quarter because of reduced demand from consumer electronics and semiconductor-related applications. “We expect weaker fourth-quarter sales for a number of our products as global economic activity slows.”