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Zoran, Mentor Graphics: Small-Cap Winners

Office Depot (ODP - Get Report) saw its shares rising 1.1% on double its average trading volume after it reported a narrower fourth-quarter loss and beat expectations on adjusted earnings. The company posted a net loss of $57.8 million, or 21 cents per share, for the period that ended Dec. 25. A year earlier, it posted a loss of $76.7 million, or 28 cents per share.

Excluding restructuring and other one-time charges, the company said it earned 9 cents per share. Analysts were expecting an adjusted loss of 3 cents per share.

Clean Energy Fuels (CLNE), Silicon Graphics (SGI), Iridium Communications (IRDM), Evergreen Energy (EEE) and Hercules Offshore (HERO) were among the other big small-cap winners on Tuesday's trading.

--Written by Shanthi Bharatwaj in New York



>To contact the writer of this article, click here: Shanthi Bharatwaj.

>To follow the writer on Twitter, go to http://twitter.com/shavenk.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.
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