Our earnings plays among the Positive surprises
Shares of Vishay Intertechnology (VSH: news, msgs) could rise Thursday morning after the semiconductor company posted better-than-expected fourth-quarter earnings of $36.5 million, or 42 cents a share, compared to $14.2 million, or 17 cents a share. Analysts expected a profit of 34 cents a share. Sales rose to $468 million vs. $412 million last year. The positive report was attributed to strong results in the wireless communications market. Shares closed up 1/2 to 41 7/8 ahead of the news.
Radware (RDWR: news, msgs) also reported fourth-quarter earnings after the market closed. Net income totaled $517 million, or 3 cents a share, compared to a loss of $108 million, or 1 cent, in the year-ago period. Revenue came in at $5 million, up 176 percent from the $1.8 million recorded last year. Shares of the software company closed up 3 3/16 to 51 1/8.
After the market closed, Cysive (CYSV: news, msgs) posted fourth-quarter revenue of $8.6 million with net income of $916,000, or 5 cents a share, while analysts expected a profit of 4 cents a share. Revenue rose 154 percent from the year-ago total. "Despite anticipated seasonal softness for the services industry at large, Cysive's fourth quarter was particularly strong in terms of revenue growth," said Nelson A. Carbonell, Jr., president and
chief executive officer, "Strong demand for experienced e-business engineers continues to drive our record revenues." Shares closed up 5/8 to 74 3/4. See press release. |
