Send to a Friend Share

Unusual 11 Mid-Day Movers 05/10: (CKXE) (FONR) (ORBT) Higher; (BMTI) (HEAT) (NSPH) Lower

May 10, 2011 1:35 PM EDT
BioMimetic Therapeutics, Inc. (Nasdaq: BMTI) 33.9% LOWER; reported Q1 EPS of ($0.28), $0.07 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $390 thousand versus the consensus estimate of $210 thousand.

SmartHeat, Inc. (Nasdaq: HEAT) 27.6% LOWER; reported Q1 EPS of ($0.05), $0.10 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $7.89 million versus the consensus estimate of $11.35 million. Lowers FY11 EPS to $0.25 - $0.36, versus the consensus of $0.71. Also lowers FY11 revenue of $63 - $93 million, versus the consensus of $146.39 million.

CKx, Inc. (Nasdaq: CKXE) 22.7% HIGHER; Tuesday announced that it has entered into a definitive merger agreement to be acquired by an affiliate of Apollo Global Management (NYSE: APO) for $5.50 per share in cash.

Fonar Corporation (Nasdaq: FONR) 26.6% HIGHER; reported Q1 EPS of $0.20, versus $0.00 reported last year. Revenue for the quarter came in at $8.7 million, versus $7.5 million reported last year.

Orbit International Corp (Nasdaq: ORBT) 23.3% HIGHER; reported Q1 EPS of $0.11, versus ($0.15) reported last year. Revenue for the quarter came in at $6.81 million, versus $5.53 million reported last year.

Nanosphere, Inc. (Nasdaq: NSPH) 22.2% LOWER; has priced a 13.64 million common offering at $2.20 per share. The price is a 25 percent discount to yesterday's closing of $2.93.

North American Palladium Ltd. (NYSE: PAL) 22.0% LOWER; reports Q1 loss of C$0.06, vs. the analyst estimate of $0.04 and compare to a loss of C$0.14 during the same quarter last year. Revenue for the quarter came in at C$36.71 million, versus the consensus estimate of $54.73 million.

DealerTrack Holdings, Inc. (Nasdaq: TRAK) 19.7% HIGHER; reported Q1 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $77.2 million versus the consensus estimate of $72.33 million. Raises its FY2011 EPS to $0.78-$0.83, versus the consensus of $0.72. Revenue guidance moves to $324-$330 million, versus the consensus of $320.5 million.

Callon Petroleum (NYSE: CPE) 20.6% HIGHER; reports Q1 EPS of $0.12, vs. the analyst estimate of $0.03. Revenue for the quarter came in at $25.4 million, versus the consensus estimate of $24.16 million.

Universal Display Corp. (Nasdaq: PANL) 19.0% LOWER; reported Q1 EPS of ($0.31), $0.28 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $9.6 million versus the consensus estimate of $9.24 million.

Park-Ohio Holdings Corp (NASDAQ: PKOH) 17.6% HIGHER; reported Q1 EPS of $0.73, $0.36 better than the analyst estimate of $0.37. Revenue for the quarter came in at $241.6 million versus the consensus estimate of $228.6 million.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Special Reports

Related Entities

Unusual 11 Mid-Day Movers, CKx, Inc./Apollo Global Management

Add Your Comment





Follow StreetInsider.com On Twitter