After-Hours Winners: Baidu Inc (ADR)(NASDAQ:BIDU), Cirrus Logic, Inc.(NASDAQ:CRUS), Lattice Semiconductor(NASDAQ:LSCC)


Baidu Inc (ADR)(NASDAQ:BIDU) says Q1 sales were RMB9.497 billion, or $1.528 billion. The Thomson Reuters mean for CNY 9.56019 billion and the Bloomberg mean estimate is $1.5 billion.

Adjusted loss per ADS were RMB7.69, or $1.24. Bloomberg’s mean estimate was for $1.03 in profit per ADR and Thomson Reuters mean was for CNY 5.97. It sees Q2 sales between RMB11.820 billion ($1.901 billion) to RMB12.110 billion ($1.948 billion).

Cirrus Logic, Inc.(NASDAQ:CRUS) shares were up 4% after-hours after the company reported earnings and revenue that topped projections.  Cirrus reported Q4 earnings of $0.41 per share and Q4 revenue of $149.7 million.  The Street expected earnings of $0.32 per share and revenue of $142 million, according to Capital IQ estimates.  Cirrus Logic expects Q1 revenue to range from $135 million to $155 million, versus the Street expectation for $141 million.

Shares of Lattice Semiconductor (NASDAQ:LSCC) are trading near their 52-week high in after-hours as the company reports Q1 results above consensus by analysts polled by Capital IQ.

Q1 EPS of $0.10 topped analyst consensus of $0.06, also higher than EPS of $0.02 a year ago. Revenue of $96.6 million beat estimates for $89.5 million and mark an increase of 35.7% compared to Q1 a year ago.

LSCC is up 4.5% at $8.48 after-hours, near the stock’s 52-week high of $8.52.


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