Fuel Systems Solutions (FSYS) Soars On Earnings

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10:36:30 am on August 8, 2008

Fuels Systems Solutions (FSYS) crushed analyst estimates and reported an EPS of .54/share (double analyst estimates) on revenues of 98.3 million.  EPS increased 18 fold over the year ago quarter while revenues increased 50% in the same time period.  The company raised 08 revenue guidance 9% and increased margin forecasts and the stock is soaring as a result up more than 20% and breaking to new all time highs.  Mighty be big risk up here though..

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