Small-cap stocks held in line with the recovering major indices Wednesday, and among the biggest winners was
The Boca Raton, Fla., company, which develops and publishes interactive entertainment software, soared 41.9% in extremely heavy trading after saying it will probably swing to an operating profit of between 15 cents and 18 cents a share in the fiscal fourth quarter. In the comparable year-ago quarter, the company lost 25 cents a share from a continuing operations.
In addition, revenue should surge to between $11.5 million and $11.9 million from last year's $467,000. Silverstar shares added 68 cents to $2.28.
( AGIX), a Georgia-based drugmaker, rocketed 33% to $2.08 after announcing it will release new scientific data on its antidiabetic agent AGI-1067 at this year's European Society of Cardiology Congress on Sept. 5.
, based in Florida, made $14.5 million, or 35 cents a share, from continuing operations -- 3 cents higher per share than the average estimate from Thomson Financial. A year ago the construction contractor made just $10.1 million, or 25 cents a share. Shares were leaping 15.6% to $28.02.
, however, plummeted 18.4% on word it's restating downward its fiscal second- and third-quarter financials in order to correct $914,000 worth of "material" accounting errors (pretax) at its Chinese subsidiary. That should knock a penny off the East Syracuse, N.Y., company's per-share income for the quarter ended Dec. 31, and lower its March-quarter profit by 3 cents to 20 cents a share.
Anaren, which makes microwave-and-radio components and subsystems, separately reported better-than-expected fourth-quarter results. Still, shares finished down $3.15 to $14.02.
( PEC), of Mount Airy, N.C., lost 7.7% even though fiscal fourth-quarter income was in line at 17 cents a share, or $5.6 million. Sales, at $144.3 million, fell short, and full-year earnings were a penny shy of the mean. Shares of the outsourced-electric-distribution and transmission-services company ended down $1.55 at $18.66.
The Russell 2000 leapt 2.5% to about 787, and the S&P SmallCap 600 gained 2.3% to about 414.