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!

Wednesday's Tech Winners & Losers

Shares of Versant (VSNT) were among technology's winners Wednesday, vaulting 36% after the software company said it swung to a third-quarter profit and raised its full-year earnings forecast.

For the period ended July 31, the company earned $1 million, or 28 cents a share, on revenue of $3.8 million. A year earlier, the company posted a loss of $14.4 million, or $4.04 a share, on revenue of $3.5 million. "Record quarterly income, strong cash flow and an increase in maintenance backlog are very good news in any quarter," Versant said. "Given the fact that our third quarter is typically a weaker quarter, we are exceptionally pleased with these results."

Looking ahead, Versant now sees full-year earnings of $3.5 million, or $1 a share. Previously, the company expected earnings of $2.6 million to $2.9 million. Shares recently were trading up $2.24 to $8.42.

Micros Systems (MCRS) soared 19% after the software maker posted fourth-quarter results that topped analyst forecasts. For the period ended June 30, the company earned $21.4 million, or 53 cents a share, on revenue of $191.8 million. Excluding items, the Micros earned $23.4 million, or 58 cents a share. Analysts polled by Thomson First Call expected earnings of 51 cents a share and revenue of $184.6 million. During the year-earlier period, the company earned $18.1 million, or 45 cents a share, on revenue of $172 million.

For the first quarter, Micros predicts adjusted earnings of 38 cents to 41 cents a share on revenue of $170 million to $173 million. Analysts project earnings of 39 cents a share on revenue of $169.7 million. Shares were trading up $7.50 to $46.94.

1 of 3

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 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

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