This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Today's Tech Winners and Losers

Shares of Faro Technologies (FARO) were among technology's losers Friday, tumbling 28% after the company slashed its fourth-quarter earnings estimate.

The company, which makes computer-aided design products, now sees earnings of 3 cents to 5 cents a share, down significantly from its earlier view of 19 cents to 27 cents a share. Analysts surveyed by Thomson First Call expected earnings of 21 cents a share. The company expects to report sales of $34.6 million, in line with its previous view of $33 million to $35 million. Analysts are projecting sales of $33.9 million. The company blamed the earnings shortfall on increased SG&A expenses and a higher-than-expected tax rate. The income tax rate is now projected to be 25%, up from the company's earlier projection of 15% to 17%. Shares recently were trading down $5.81 to $14.89.

Supertex (SUPX) slumped 25% after the chipmaker posted third-quarter results that fell below expectations. The company earned $3.7 million, or 26 cents a share, on sales of $19.9 million. Analysts expected earnings of 35 cents a share and sales of $21.7 million for the December quarter. During the year-earlier period, the company earned $2.3 million, or 17 cents a share, on sales of $14.9 million. Shares were down $10.73 to $32.52.

Shares of MRO Software (MROI) jumped 10% after the software maker posted fiscal first-quarter earnings that topped forecasts and projected second-quarter earnings would be above Wall Street expectations. For the first quarter ended Dec. 31, the company earned $4.2 million, or 16 cents a share, on sales of $49.1 million. Analysts expected earnings of 14 cents a share and sales of $50.5 million. During the year-earlier period, the company earned $3.2 million, or 12 cents a share, on sales of $47.4 million.

Looking ahead, MRO sees second-quarter earnings of 16 cents to 18 cents a share, topping analysts' forecast of 12 cents a share. Shares were trading up $1.39 to $15.24.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs