Constant Contact Inc (NASDAQ:CTCT) plunged 25.72% to $12.65 on a traded volume of 4.91 million shares after the Company released third quarter results.Revenue increased 17% to $63.8 million.Gross margin was 71%, compared to 71% in the last quarter of 2011. GAAP net income was $6.6 million compared to net income of $5.4 million in the third quarter of 2011. GAAP net income per share was $0.21 compared to net income of $0.18 per share in the prior year period.
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HMS Holdings Corp (NASDAQ:HMSY) declined 21.66% to $21.09 on a traded volume of 5.36 million shares after the Company reported third quarter results. Revenue increased 22.6% to $113.2 million. Net income for the quarter was $10.5 million or $0.12 per diluted common share compared to net income of $14.4 million or $0.17 per diluted common share in the prior year period.
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Verisign Inc (NASDAQ:VRSN) slipped 18.76% to $37.89 on a traded volume of 13.11 million shares.The Company reported third quarter adjusted net income of $0.50 per share compared to $0.39 per share in the previous year period. The consensus estimate was for EPS of $0.49. Revenues increased 13%to $223.53 million.
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Deckers Outdoor Corp(NASDAQ:DECK) slipped 17.67% to $29.22 on a traded volume of 5.42 million shares after the Company announced third quarter results. Net sales were $376.4 million compared to $414.4 million in the previous year period. Gross margin was 42.3% compared to 49.0% in the same period last year. Diluted earnings per share were $1.18 compared to $1.59 in the prior year period.
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Arctic Cat Inc(NASDAQ:ACAT) went down 3.72% to $35.63 on a traded volume of 147k shares.The Company reported second quarter profit of $25 million or $1.80 per share compared to $21.4 million, or $1.15 per share in the prior year period. Revenue increased 12% to $229.0 million. However, analysts expected a profit of $1.79 per share on revenue of $232.8 million. Arctic Cat began shipping its new 2013 model year all-terrain and recreational vehicles during the quarter.
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