American Technical Ceramics
tumbled 23.6% after the Huntington Station, N.Y.-based company reported profits of only $1.2 million, or 13 cents a share, down from $1.9 million, or 22 cents a share, a year ago. Sales were up 5% to $20.6 million. Shares were sinking $4.64 to $15.03.
surged more than 17% after the company, which makes automated test equipment for the semiconductor industry, had a better-than-expected profit in the quarter ended Dec. 23. Earnings came to $2.2 million, or 12 cents a share, on sales of $17.9 million. Analysts polled by Thomson Financial were expecting $19.3 million revenue, but profits beat estimates by 4 cents a share. Shares were gaining $1.86 to $12.62.
is poised to profit from possible expanded Medicare coverage of carotid artery stenting. The Centers for Medicare and Medicaid Services cited recent evidence proving the procedure effective in preventing strokes, which disproportionately strike the elderly Medicare population, and proposed to cover patients with carotid artery stenosis of 80% or higher. The Plymouth, Minn.-based company was up $2.27, or 12.3%, to $20.80.
jumped after profits for the quarter ended Dec. 31 beat Wall Street expectations. The marketing-software developer said earnings totaled $1 million excluding items, or a nickel a share. This compares with year-ago income of $1.8 million, or 9 cents a share, but it beat targets by a penny. Revenue, at $23.7 million, represents a 35% year-over-year increase and just scrapes by estimates. Shares were climbing 87 cents, or 7.8%, to $11.97.
said it will streamline its operations by selling several of its facilities, including the one that houses its Automotive Components Group headquarters. Shares were adding 27 cents, or 5.7%, to $5.01.
posted a full-year loss of $1.9 million, or 21 cents a share, on sales that jumped 75% from 2005 to $68.6 million. These results include stock-based compensation and nonrecurring charges, without which the company topped estimates by 3 cents with earnings of $3.4 million, or 20 cents a share. Last year, Occam lost $9.3 million, or $1.37 a share. Shares of the networking-equipment maker were plunging $3.54, or 20.1%, to $14.06.