Winners & Losers
Small-Cap Winners and Losers: Georgia Gulf
05/07/08 - 04:22 PM EDT
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Also tradeing to new lows Wednesday was Greatbatch GB, which slipped 14.5% to $15.80. The Clarence, N.Y., company, which makes batteries for medical use, produced non-GAAP earnings of $3.6 million, or 16 cents a share, in the first quarter vs. $8.8 million, or 36 cents a share, a year ago. Analysts were looking for EPS of 26 cents. On the winning side, Multi-Fineline Electronix MFLX added 12.4% to $21.00. The Anaheim, Calif., maker of flexible printed circuit boards announced fiscal second-quarter earnings of $10.4 million, or 41 cents a share, up from $3.1 million, or 12 cents a share, a year ago. The Street had forecast earnings of 27 cents a share. LMI Aerospace LMIA shares soared 12.1% to $21.43. The St. Charles, Mo., provider of structural components for the aerospace and defense industry announced first-quarter income of $4.5 million, or 40 cents a share, vs. $2.2. million, or 20 cents a share, a year ago. Analysts had predicted 34 cents a share. Finally, electrical-equipment maker Powell Industries POWL, which is based in Houston, reported fiscal second-quarter earnings of $6 million, or 53 cents a share, vs. $2.3 million, or 20 cents a share, in 2007. Wall Street had forecast EPS of 40 cents. Shares climbed 14.4% to $46.72. More broadly, the Russell 2000 was off 1.8% to 716.48, and the S&P SmallCap 600 was off 1.5% at 378.64.
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