Highway Holdings Limited (NASDAQ:HIHO) stock soared 54.73% to $2.32 after the company posted first-quarter net profit of $129 thousand or $0.03 per share, as compared to $381 thousand or $0.10 per share in the same quarter last year. Total revenues for the quarter dropped to $5.27 million from $6.46 million in the prior-year quarter. The decline in profit for the first quarter was primarily due to lower revenues.
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Pizza Inn, Inc. (NASDAQ:PZZI) stock surged 12.33% to $3.46. On August 8, 2012, the company recently hosted its 2012 National Franchise Convention in Destin, FL, where franchisees and team members were honored for their contributions to the company. The three day event was held July 29-31 and featured presentations from company leaders, breakout and educational sessions and an awards ceremony celebrating top performers.
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EnergySolutions, Inc. (NYSE:ES) shares climbed 15.71% to $2.43 in the early hour after the company reported second quarter net income of $5.4 million or $0.06 per share, up from $0.5 million or $0.01 per share in the year-ago quarter. Revenue declined to $392.6 million from $403.7 million last year. Analysts expected the company to lose $0.03 per share on revenues of $406.43 million for the quarter.
THT Heat Transfer Technology Inc (NASDAQ:THTI) stock plunged 14.54% to $1.0. The company will release its financial results for the second quarter ended June 30, 2012 after the US markets close on Tuesday, August 14, 2012. The 52 week trading range for the company is $0.72 - $3.68. The 52 week trading range for the company is $0.72 - $3.68. The shares of the company have declined 61% in the last one year.
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