Thanks Bernard .. We're going to have to Boil thru that list again..
Here's one that caught my eye today .. it's an old fave.
FNSR ... Looks pretty stable today .. and they said today they will be Profitable 3rd Qtr this year.
stockcharts.com[w,a]dacayiay[db][pc13!b50!f][vc60][iut!Ua12,26,9!Uv25]&pref=G
What do you think?
Finisar Shares Up on Profit Projection
Friday September 2, 11:17 am ET
Finisar Shares Surge 24 Percent As Company Projects Third-Quarter Profitability
NEW YORK (AP) -- Finisar Corp. shares surged Friday after the provider of fiber-optic subsystems and network test systems reported its first-quarter revenue increased 32 percent, and forecast it would turn a profit in the third quarter.
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Late Thursday, the company said its first-quarter loss totaled $19.1 million, or 7 cents per share, compared with a loss of $22.1 million, or 10 cents per share, a year earlier. Excluding items, the company reported a loss of 3 cents per share -- matching Wall Street projections.
Revenue rose to $81.7 million from $61.9 million a year earlier.
"We believe that our continuing execution at the top line combined with a number of cost reduction initiatives that are taking place over the next two quarters should put us in a position to achieve our goal of returning to profitability in the near future and becoming profitable on a non-GAAP basis in the third quarter of the current fiscal year," President and Chief Executive Jerry Rawls said in a statement.
Analysts polled by Thomson Financial believe the Sunnyvale, Calif.-based company will post breakeven results during the third quarter. In last year's third quarter, Finisar posted a loss of 4 cents per share.
The report was enough to trigger Needham & Co. to upgrade the stock to a "Buy" rating from a "Hold."
Investors also followed suit by sending shares up 22 cents, or 24 percent, to $1.13 in morning trading on the Nasdaq. Before the earnings were released, shares of the company had fallen 60 percent since the start of the year. |
