Earnings regenerated a few health stocks on Tuesday, while others were anemic on various news.
Regeneration Technologies(RTIX Quote) rose Tuesday after announcing earnings. Revenue was $22.9 million, compared with $18.3 million for the year-ago period. The company reported net income of $195,000, or 1 cent a share, compared with a loss of $1.6 million or 5 cents a share in the 2006 quarter. Earnings were in line with the expectations of analysts surveyed by Thomson Financial. Regeneration Technologies gained 85 cents, or 8.6%, to $10.72.
Similarly, Auxilium Pharmaceuticals(AUXL Quote) rose after reporting earnings. The company reported revenue of $23.3 million, vs. $16.5 million in the 2006 quarter. Auxilium lost $10 million, or 27 cents a share, in the quarter, compared with $11.7 million, or 40 cents a share, a year ago. Analysts, according to Thomson Financial, were looking for a loss of 30 cents a share. The stock added $1.36, or 8.4%, to $17.47. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet