This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tech Stocks in Motion

Shares of Itron (ITRI - Get Report) were among technology's winners Friday, rising 10% after the company said that second-quarter earnings and sales would be above forecasts.

The technology provider expects pro forma earnings of 38 cents to 42 cents a share on sales of $132 million to $135 million. Analysts polled by Thomson First Call are expecting earnings of 35 cents a share on sales of $128 million. The company said that strong new-order booking during the quarter led to the better-than-expected guidance. Itron expects second-quarter new-order booking of about $175 million. The company expects to post second-quarter results on July 26. Shares were trading up $4.55 to $50.73.

Traffix (TRFX) rose 12% after the company posted second-quarter results that impressed investors. The interactive media company earned $700,000, or 5 cents a share, on sales of $16.6 million. A year ago the company earned $665,000, or 4 cents a share, on sales of $9.1 million. Traffix said that its results were fueled by organic growth from its existing lines of business and by two acquisitions. Shares were trading up 64 cents to $6.16.

Shares of Euro Tech Holdings (CLWT) rose 39% after the Hong Kong-based company posted 2004 results that showed solid year-over-year growth. The company earned $594,000, up 12% from $531,000 during 2003. The company reported sales of $32.3 million vs. $27.4 a year ago. "The company has had a controlled expansion without substantial cash investment and without negative impact on the company's bottom line," the company said. Shares were trading up $1.41 to $5.05.

Digi International (DGII - Get Report) fell 18% after the company posted mixed third-quarter results and forecast a fourth-quarter sales shortfall. The network technology company posted earnings of $2.5 million, or 11 cents a share, on sales of $30.2 million. Analysts were expecting earnings of 9 cents a share on sales of $32 million. Looking ahead, Digi forecast fourth-quarter earnings of 12 cents to 17 cents a share on sales of $34 million to $37 million. Analysts are expecting earnings of 17 cents a share on sales of $37.7 million. Shares were recently trading down $2.38 to $10.86.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TRFX $0.00 0.00%
CIEN $22.00 0.00%
CLWT $2.56 0.00%
DGII $11.65 0.00%
ITRI $31.77 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs