News / Business
Stock News -Top Percentage Gainers (NASDAQ: AXTI, WPTE, PVFC)
Top Percentage Gainers
Subscribe
to
AXT,
Inc. (NASDAQ:AXTI) climbed 32% and trading at a new 52-week high of $2.54
after it reports Q3 EPS of $0.07, 9 cents better than the analyst estimate of
($0.02). Revenue for the quarter was $16.8 million, which compares to the
estimate of $14.42 million. AXT estimates revenue for the fourth quarter will
increase to between $17.0 million and $17.5 million. The company estimates that
net income per share will be between $0.03 and $0.05, which takes into account
a weighted average share count of approximately 31.7 million shares. (Consensus
is $16.03M and $0.00, respectively).
WPT
Enterprises, Inc. (NASDAQ:WPTE) climbed 22.50% to $1.36 after it announced that it has
increased its proposal to the Board of Directors of WPT Enterprises. The
revised proposal is to acquire WPT for $36.5 million, consisting of $28.5
million in cash, $5 million in Mandalay Media stock and perpetual revenue
participation rights, guaranteed to be at least $3 million. The estimated value
to shareholders per share is $1.77, including the guaranteed portion of the
revenue participation rights, and as adjusted for the actual share count at
closing.
PVF
Capital Corporation
(NASDAQ:PVFC) soared 36% to $2.21 after it reports Q3 EPS of $0.54,
versus a loss of $0.12 for the same period 2008. Revenue for the quarter was
$10 million, which compares to the estimate of $9.23 million.
Penny Stock Pick Report alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock Alerts, Penny Stock Trading Alerts helps investors to achieve incredible results in a short amount of time and our members have made remarkable profits of over 100%.
