Hardinge ( HDNG) was soaring some 17% after the Elmira, N.Y.-based maker of metal-processing machines reported drastically higher fourth-quarter profits of $6.2 million, or 71 cents a share, on $93.4 million in revenue. Year-ago earnings were $1.9 million, or 21 cents a share, on sales of $78.5 million. Shares were climbing $3.25 to $22.30. Bruker BioSciences ( BRKR) posted fourth-quarter income of $9.7 million, or 9 cents a share, compared with a nickel a share a year ago (which assumes Bruker acquired its optics unit in 2005 rather than in 2006). Revenue, by the same measure, spiked 27% to $135.6 million from last year. Three analysts were seeking income of 6 cents a share; two were looking for $125.3 million in revenue. The Billerica, Mass., company was up 94 cents, or 11.4%, to $9.21. Business-software firm Emageon ( EMAG) met Street earnings estimates for the fourth quarter, posting a profit of $3.1 million, or 14 cents a share (excluding acquisition costs), up from last year's loss of $3.7 million, or 18 cents as share. Revenue swelled by 36% to $33.5 million year over year, just under the $34.7 million estimate from Thomson Financial. Shares of the Birmingham, Ala., company were gaining $1.10, or 9.8%, to $12.38. KSW ( KSW) shares were rising on cheery preliminary fourth-quarter results. Excluding a one-off settlement gain a year ago, the Long Island City, N.Y., construction company said its per-share income probably surged 80% from last year to 18 cents. Sales likely grew 15% from a year ago to $19.6 million. Shares were up 33 cents, or 5.3%, to $6.53.
K-Swiss ( KSWS) slouched on disappointing financials. The Westlake Village, Calif., maker of apparel and footwear said it earned $10.7 million in the fourth quarter, or 30 cents a share, down from $11.6 million, or 33 cents a share, a year ago. Sales inched up 1.7% to $93.8 million year over year, just past the $92.3 million consensus. Income, however, missed targets by a penny. Looking ahead, the company is pegging full-year 2007 earnings between $1.20 and $1.50 a share, a far cry from the $2.17 per-share income sought by analysts. Full-year revenue will probably range between $420 million and $460 million, nearly $40 million below the Street projection. Shares were declining $4.05, or 12.1%, to $29.44. Emergent BioSolutions' ( EBS) stock got a black eye on word the biotech company had lost a funding opportunity when the National Institute of Allergy and Infectious Diseases canceled its solicitation for bids to develop a "third-generation anthrax vaccine," to which Emergent had responded after the NIAID issued it last June. Shares were off $1.33, or 8.9%, to $13.70. G-III Apparel ( GIII) cut its revenue forecast to a range of $425 million to $428 million for the year ended Jan. 31, from the prior $430 million, just missing the only analyst's estimate of $429.8 million. The New York-based outerwear maker also reaffirmed its full-year earnings outlook of between 90 cents and 95 cents a share, which resides largely below two analysts' expectations, each of whom is looking for 94 cents a share. These numbers all represent substantial growth from 2005, but shares were losing $3.43, or 13%, to $22.94.
ICT ( ICTG) fell after the Newton, Mass., outsourcing-services firm said 2007 profits should be between $1.43 and $1.50 a share, barely covering the $1.49-a-share consensus. Revenue, pegged at $500 million, is roughly in line. As for current results, per-share fourth-quarter income added 2 cents from last year to 32 cents, or $5.1 million, which squares with Wall Street projections, on a top line of $117.2 million that squeaks past consensus. Shares were receding by $2.57, or 8.7%, to $27.16. Jupitermedia ( JUPM) lost some of its steam after the digital-image purveyor sobered up buyout rumors that had sent its shares sky-high Wednesday. The Darien, Conn., company confirmed that it is currently in talks to be acquired by Getty Images ( GYI), but should this bear fruit, its sticker price will be $9.60 a share -- not in excess of $11 a share, as had been speculated by The New York Post yesterday. Jupitermedia shares were down 78 cents, or 7.8%, to $9.29. Getty Images was recently adding 72 cents, or 1.3%, to $56.78.