MEMC Electronic Materials (WFR) is surprising traders after the bell today, but not in the way many expected. With the technical action improving in WFR in recent weeks, they were expected to post a quarterly profit and begin the road to lasting profits. That path remains on hold for now. While the company reported revenues much higher than what analysts expected at $438 million (more than double the year ago quarter), they missed badly on … Read the rest
Tag Archives: earnings
Rubicon Technology (RBCN) Beats, Swings To Profit, Expects Record Rev Next Quarter
Rubicon Tech (RBCN) reported strong results after the bell today, beating analyst estimates and swinging back to a quarterly profit for the first time in more than a year. The company reported an EPS of .07/share (.03 better than estimates) on revenues of $11.5 million (800K better than estimates). That’s a big improvement over the year ago EPS loss of .19/share and a big jump in revenues over the year ago quarter when the company … Read the rest
Akeena Solar (AKNS) Disappoints Again, Profitability Nowhere In Sight
You kind of expected that with Akeena Solar (AKNS) solar product being sold in Lowe’s stores, that might give the company a boost and get them closer to profitability, but it hasn’t helped much at all up to this point. This is a company that continues to flounder and profitability still appears a long ways off. The company reported an EPS loss of .09/share which was a cent worse than what analysts expected and about … Read the rest
Itron (ITRI) Smashes Estimates, "Momentum Accelerating"
After last quarter’s earnings report I declared that Itron (ITRI) had finally turned the corner and after another quarter of smashing estimates it appears they’re turning that corner up on two wheels, smoke billowing out the back. The company smashed EPS and revenue estimates after the bell today posting a non GAAP EPS of $1.01 (really .75/share if you take out .26/share tax benefit) on revenues of $499 million. That’s still way ahead of the … Read the rest
First Solar (FSLR) Smashes Estimates, Raises Guidance, Up 7% AH
First Solar (FSLR) is a company that many like to bash and bet against, but the company continues to deliver and they did so again after the bell today, keeping their long history of quarter over quarter growth alive (just barely). The company smashed the analyst estimate of $1.65/share by posting $2.00/share which also beats the whisper number of $1.87. That $2.00 EPS is about what they reported a year ago, so quarter over … Read the rest
FPL Group (FPL) Beats On EPS, Light In Revenue; Reaffirms Guidance
FPL Group (FPL) reported results that were about flat over the year ago quarter. They beat on the EPS side by .07, reporting .94/share, but revenues were a bit lighter than what analysts expected at $3.58 billion. All in all, a ho hum quarter and traders are selling the stock a bit today after the stock ran up over 10% in the past two months. Increased demand for electricity at Florida Power & Light due … Read the rest
Converted Organics (COIN) Surging With Volume After Reporting Same Store Sales Increase of 129%
Converted Organics (COIN) is rocketing higher this morning with very heavy volume after announcing moments ago that same store sales increased 129%. COIN sells its organic fertilizers at Whole Foods, Walmart, Sam’s Club and Big Box retailers.
The company has been aggressive in its marketing campaign and credits the advertising with driving sales. The campaign has involved in store merchandising, direct mail, magazines, email, text messages, social media (youtube, twitter, facebook, linked in) as … Read the rest
Veeco Instruments (VECO) Reports About Inline, But Shares Surge On Guidance
The LED revolution is treating Veeco Instruments (VECO) kindly as well.. almost as kindly as Cree Inc (CREE). The stock is up nearly 20 fold in just the past year and it’s up another 5% in after hours trading after posting earnings that were ahead of analyst estimates by a penny, while revenues were slightly below estimates. The company reported an EPS of .49/share which is a whopping 323% increase over the year ago quarter. … Read the rest
Digi Intl (DGII) Beats Estimates – A Smart Grid Play To Watch
Put Digi International (DGII) on your radar, particularly tomorrow morning. This is a smart grid play to keep an eye on and continues to look quite bullish. They don’t generate a lot of revenue yet from smart grid deployments, but that should change in the years to come. Itron (ITRI) is using their technology.. enough said. The stock has been running up since last December with volume and recently broke out to a new … Read the rest
Badger Meter (BMI) Breakout After Earnings
Yesterday, Badger Meter (BMI) reported results that didn’t appear all that stellar, but the stock broke out big with heavy volume and closed the day up about 10%. The company reported an EPS of .36/share which was inline with Wall St estimates and is a 26% decrease from the year ago quarter. Revenues came in at $61.8 million and was also below the year ago results by 5%. However, the worst may be behind BMI … Read the rest