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Friday, August 3, 2012

Micro cap Gainers (ANIK, JRCC, GTIV, CALX, AONE)


Anika Therapeutics, Inc. (NASDAQ:ANIK)’s second quarter total revenue increased 22% to $19.6 million, from $16.1 million in the second quarter last year. Net income rose to $3.7 million, or $0.26 per diluted share, from $2.3 million, or $0.17 per diluted share, in the second quarter a year earlier. The company’s cash and cash equivalents at June 30, 2012 were $37.9 million, as compared to $34.0 million at March 31, 2012.
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James River Coal Company (NASDAQ:JRCC) will release its second quarter results for 2012 before the market opens on August 9, 2012. The Company will hold its quarterly conference call and webcast on the same day at 11:00 a.m. Eastern Time. The 52 week trading range for the company is $1.68 - $17.75. The shares of the company have plunged over 85% in the last one year.

Gentiva Health Services, Inc. (NASDAQ:GTIV) stock surged % to $ in the after hour trading after the company reported second-quarter net income of $13.9 million or $0.46 per share, up from $5.2 million or $0.17 per share, in the year ago period. On a per share basis, adjusted income from continuing operations was $0.35 for the second quarter of 2012.Total net revenues were $427.7 million, a decrease of 5%, as compared to $448.7 million for the same quarter last year. Analysts expected the company to report earnings of $0.28 per share on revenues of $435.26 million.

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Calix, Inc. (NYSE:CALX) reported second quarter revenue of $78.9 million, a decrease of 19.4%, as compared to $98.0 million for the second quarter of 2011. Non-GAAP net income was $1.9 million, or $0.04 per fully diluted share, as compared to $7.8 million, or $0.16 per fully diluted share, for the same quarter a year earlier. GAAP net loss was $7.1 million, or $(0.15) per basic and diluted share, as compared to a GAAP net loss of $17.6 million, or $(0.38) per basic and diluted share in the year ago period.

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Additionally, Research analysts at Goldman Sachs cut their target price on shares of Calix Networks from $7.00 to $6.00 in a report issued this week.

A123 Systems, Inc. (NASDAQ:AONE) announced last week that Dr. Paul E. Jacobs, chairman of the board and chief executive officer of Qualcomm Incorporated, has resigned from A123's Board of Directors, effective July 23, 2012. The 52 week trading range for the company is $0.44 - $5.13. The shares of the company have plunged over 90% in the last one year.

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