shares shot up by half after the engineering company announced it had received 19 orders for protective tone relay systems, which protect the transmission and distribution lines of electric power generators. The orders were placed by electric utilities in the U.S. and Canada. Shares of the Somerville, N.J., company were rising $1.17 to $3.51.
Image Sensing Systems
, which makes video image processing products, flew higher after fourth-quarter income ratcheted up to $1.2 million, or 30 cents a share, compared with $689,000, or 18 cents a share, a year ago. The St. Paul, Minn., firm's sales climbed 43% from the year before to $4.1 million. Shares were adding $2.62, or 18%, to $17.14.
were surging on better-than-expected fourth-quarter results. The Cypress, Calif., maker of advanced remote controls said profits came to $5.4 million, or 37 cents a share, which tops Thomson Financial's consensus by a nickel a share. Last year it earned $3.5 million, or 25 cents a share. Revenue rose 41% to $69.7 million, besting the $64.3 million consensus target.
Looking ahead, the firm expects 2007 revenue to grow 10% to 15% year over year -- which, compared with 2006 sales of $285.8 million, means $259.4 million to $271.2 million. The only 2007 revenue estimate calls for $10 million more, but shares were gaining $3.17, or 14.1%, to $25.71.
and its majority-owned company
announced they will sell their uranium assets to
sxr Uranium One
, a South Africa-based developer of uranium and gold resource properties. The deal includes about $100.6 million in Uranium One stock (about 6.6 million shares), $7.1 million cash, and a possible $40 million more in milestone payments and royalties. U.S. Energy shares were rising 59 cents, or 10.5%, to $6.19. Crested stock was adding 22 cents, or 8.2%, to $2.90.
Permiere Global Services
, an Atlanta-based business-services firm, had a profit from continuing operations in the fourth quarter of $11.8 million, or 17 cents a share -- flat year over year but a penny above the average estimate. Revenue, at $127.1 million, was 8.4% higher than last year and beat targets by $3.5 million. Shares were up 87 cents, or 9.2%, to $10.37.
( VAS) posted fourth-quarter income from continuing operations of $17.7 million, or 53 cents a share, excluding items (except stock option expenses), on revenue of $184.1 million. A year ago it earned 39 cents a share on sales of $155.2 million. Wall Street was looking for 47 cents a share on $170.9 million. Shares of the Conshohocken, Pa.-based company were up $2.33, or 7.8%, to $32.19.
fell after it reported shrinking revenue for the quarter ended Jan. 31 -- $34.9 million, compared with $36.3 million last year. Analysts had been seeking $37.4 million. Earnings were up by a penny to 13 cents a share, or $1.3 million, meeting expectations. Shares of the Huntington, W.Va., company were sliding $1.50, or 15.6%, to $8.13.
( ANDS) lost ground after the San Diego-based company nearly halved its revenue to $1.2 million and more than doubled its losses from last year to $7.6 million, or 27 cents a share. The Street was expecting losses of 23 cents a share on $1.7 million revenue. Shares were down 42 cents, or 10.2%, to $3.70.
came in just under sales estimates with $32.6 million in the fourth quarter, compared with $29.8 million last year. Income was up 2 cents to 13 cents a share, or $5.1 million, a penny per share over Street projections. The Seattle-based marketing-services firm was losing $1.34, or 9.3%, to $13.05.
( GLGC) was lower after the Gaithersburg, Md.-based company widened its fourth-quarter losses to $5 million, or 16 cents a share, from $2.1 million, or 7 cents a share, a year ago. Revenue plummeted to $7.2 million from $17.7 million last year, though this beats the only sales estimate of $3.9 million. Shares were off 8 cents, or 4.2%, to $1.82.
slipped on word its chief financial officer, Jean Nelson, resigned "for personal reasons," a decision that Chief Executive Roger Saillant said was a surprise to the company. The Latham, N.Y., company will immediately begin searching for a new CFO. Shares were down 22 cents, or 5.6%, to $3.74.