IntriCon Corporation News
3 Stocks Pushing The Industrial Goods Sector Lower
TheStreet highlights 3 stocks pushing the Industrial Goods sector lower today.
3 Stocks Pushing The Industrial Goods Sector Lower
TheStreet highlights 3 stocks pushing the Industrial Goods sector lower today.
3 Stocks Pushing The Industrial Industry Lower
TheStreet highlights 3 stocks pushing the Industrial industry lower today.
3 Industrial Stocks Nudging The Industry Higher
TheStreet highlights 3 stocks that pushed the Industrial industry
3 Industrial Goods Stocks Moving The Sector Upward
TheStreet highlights 3 stocks that pushed the Industrial Goods sector
Why IntriCon (IIN) Stock Is Soaring Today
IntriCon (IIN) soared more than 40% to a one-year high of $6.95 on Tuesday after the body-worn device manufacturer reported increases in revenue and net income in its first-quarter results. The company reported net sales of $17.3 million, its best quarterly figure in more than five years. This marked a 22.5% year-over-year increase from $14.1 million. Net income totaled $517,000, or 9 cents per diluted share, compared to a net loss of $471,000, or 8 cents per diluted share, in the same quarter one year earlier. Gross profit margin rose year over year to 27.6% from 26.7%. Net income from continuing operations was $787,000, or 14 cents per diluted share, up from a net loss of $23,000 in the same period a year ago. Net loss from discontinued operations totaled $270,000, or 5 cents per diluted share, compared to a net loss of $448,000, or 8 cents per diluted share, in the same quarter one year ago. This included a loss of $120,000, or 2 cents per diluted share, from the sale of IntriCon Tibbetts Corporation, the company's wholly-owned subsidiary based in Camden, Maine.
IntriCon Corporation Stock Upgraded (IIN)
IntriCon Corporation (Nasdaq:IIN) has been upgraded by TheStreet Ratings from a sell to hold.
SPDRs May Not Climb Out of Cup
Chart analysis of the Mid-Cap SPDRs, plus TJX, Alnylam and Insteel.
Watch Out for the Overhang
When it comes to lockup expirations, who is waiting to sell matters just as much as the number of shares.
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AMD Stock Surges After Q4 Earnings As Data Center Revenues, Outlook Impress
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Stock Market Today: Stocks End Higher Amid Earnings Wave With Fed In Focus; IMF Boosts Global Growth Forecast
Wall Street extended the S&P 500's solid January gains Tuesday as investors sorted through a wave of corporate earnings ahead of tomorrow's crucial Fed rate decision.