BOSTON (TheStreet) -- GT Solar International (SOLR was one of several stocks trading below $10 poised to move on above-average volume Thursday after the solar company announced quarterly financial results.GT Solar said it had fiscal first-quarter earnings of 11 cents a share on revenue of $135.2 million, blowing past the Thomson Reuters average estimate for a profit of 4 cents a share on revenue of $73.1 million. Looking ahead, GT Solar said it expects full-year earnings of 90 cents to $1 on revenue of $700 million to $775 million, well above the consensus target for earnings of 64 cents a share and revenue of $597.5 million. Shares of GT Solar jumped by 84 cents, or 12.1%, to $7.78 in the premarket session. The average daily share volume for GT Solar is 1.26 million. Elsewhere, MIPS Technologies ( MIPS rose by 37 cents, or 6.5%, to $6.10 in Wednesday's late trading session after the processor maker reported fiscal fourth-quarter adjusted earnings of 15 cents a share on revenue of $23.3 million, above the average analyst estimate for a profit of 8 cents a share on revenue of $17.8 million. The average daily share volume for MIPS Technologies is 362,000. Kulicke and Soffa Industries ( KLIC - Get Report) rallied by 90 cents, or 12.5%, to $8.10 in the premarket session after the semiconductor capital equipment company posted a fiscal third-quarter profit of 65 cents a share and revenue of $221.3 million, coming in ahead of the Thomson Reuters consensus for earnings of 53 cents a share and revenue of $205.3 million. For the fiscal fourth quarter, Kulicke and Soffa said it expects revenue of $250 million to $260 million, above Wall Street's target for revenue of $226.9 million. The average daily share volume for Kulicke and Soffa is 2.53 million. On the downside, Ikanos Communications ( IKAN plunged by 43 cents, or 23.9%, to $1.37 in Wednesday's after-market session after the broadband semiconductor and software products maker offered weak guidance for the third quarter, saying it expects revenue of $40 million to $43 million. That's below the lone analyst estimate for revenue of $58.5 million. Ikanos offered the revenue guidance after reporting a second-quarter profit of 12 cents a share, which was above the single analyst estimate for earnings of 5 cents a share. Revenue of $55.6 million was below that analyst's target of $57.5 million. The average daily share volume for Ikanos is 361,000. Sonic Solutions ( SNIC fell by 67 cents, or 8.5%, to $7.25 in Wednesday's late trading session even after the digital media company surprised with a first-quarter profit of 2 cents a share, compared to the average analyst estimate for a loss of 2 cents a share in the quarter. However, Sonic Solutions said it expects second-quarter revenue of at least $26 million, compared to the Thomson Reuters average estimate for revenue of $27.6 million. The average daily share volume for Sonic Solutions is 613,000. United Online ( UNTD shares dropped by 57 cents, or 8.9%, to $5.82 in Wednesday's after-hours session after the Internet consumer products provider said second-quarter revenue totaled $242.7 million, below the consensus target of $249.7 million. United Online reported adjusted earnings of 27 cents a share for the quarter, a penny above the average analyst estimate. Shares of United Online were under pressure after the company said it expects third-quarter revenue of $185 million to $191 million, below the Thomson Reuters consensus estimate of nearly $206 million. The average daily share volume for United Online is 667,000. -- Written by Robert Holmes in Boston. Check out all of Thursday's high-volume, under-$5 stocks at the Dollar Store. View the Dollar Store portfolio on StockPickr. Follow Robert Holmes on Twitter and become a fan of TheStreet.com on Facebook.
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