Top shares - (NASDAQ:VRGY) Shares Surge on Robust Earnings

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Verigy Ltd. (NASDAQ:VRGY) climbed 8% to $9.70 in opening session after the semiconductor test company posted Q4 results for its fiscal fourth quarter ended October 31.

For the quarter, Verigy posted revenue of $97 million, up 11% sequentially, and slightly better than the $96.4 million the Street had expected. A non-GAAP loss of 12 cents a share was smaller than the Street projected loss of 20 cents. Orders of $109 million were up 17% sequentially.

For FY Q1 ending in January, the company ses revenue of $105 million to $115 million, with a non-GAAP loss of 2-9 cents a share; the Street had been looking for $105.6 million and a loss of 14 cents.

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