On the Watch: Crocs posts better-than-expected 1Q results

Shares of Crocs Inc. may get a boost Thursday after the shoe company said its first-quarter revenue beat Wall Street estimates.

The plastic clogs maker said after the close of trading Wednesday that it swung to a first-quarter loss of 5 cents per share, but revenue climbed 40 percent to $198.5 million, beating analyst estimates.

Pharmaceutical company Durect Corp. could see gains after it posted a narrower first-quarter loss late Wednesday, helped by lower costs and an upswing in revenue.

The Cupertino, Calif., company's loss of 11 cents per share matched Wall Street estimates, according to Thomson Financial.

NeuStar Inc., which provides clearinghouse services for communications companies, cut its 2008 revenue guidance and issued a profit outlook on reduced contributions from one of its businesses, disappointing analysts.

The Sterling, Va., company said it now expects full-year profit of more than 90 cents per share on revenue between $500 million and $515 million, below analyst estimates.

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