Saturday, September 29, 2012

Earnings Review for 3 Leading Stocks under $5

Vertro Inc. (NASDAQ: VTRO) announced that it earned $9.6 million in revenue for the fourth quarter of the year compared to $9.8 million in third quarter of the same year. Vertro�s full-year revenue stood at $35.9 million, up from $27.6 million it had earned in revenue for fiscal year 2009. Gross margin for the fourth quarter stood at 94%. In response to the results, shares gained about 2.5% on the day, closing at $3.74.� The company stock has traded in the range of $1.65 and $7.25 during the past 52 weeks. The company�s market cap is $25.59 million and its P/E ratio is 9.97.

FuelCell Energy Inc. (NASDAQ: FCEL) reported first-quarter revenue at $28.1 million, up from $14.6 million it earned during the first quarter of the last year. The company also reported improved margins, which grew by $2.9 million. Research and development contract revenue for the quarter stood at $2.3 million. Net loss for the first quarter of 2011 improved to $(11.7 million), or $(0.10) per basic and diluted share, compared to $(15.4 million) or $(0.18) per basic and diluted share in the first quarter of 2010, attributable to higher product margins. Shares gained nearly 4% to trade at $1.81 near market close. The company stock has traded in the range of $0.98 and $3.4 during the past 52 weeks. The company�s market cap is $241.32 million.

Evergreen Solar Inc. (NASDAQ: ESLR) reported its net loss at $(411 million), or $(11.99) per share, compared with a net loss of $(98.4 million), or $(2.88) per share, in the same period a year ago.� The dismal figures were due to charges and write-downs for shutting down its manufacturing plant at Devens, which the company says will allow it to become a supplier of low-cost silicon wafers. Evergreen reported 20% increase in its revenue to $89.3 million. Shares tumbled more than 7% in today’s trading,at $1.88. The company stock has traded in the range of $1.85 and $7.68 during the past 52 weeks. The company�s market cap is $64.74 million.

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