Tuesday's Top Gainers on NASDAQ: FairPoint, MAKO Surgical, Luminex, Syntroleum

POINT ROBERTS - August 10, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 08, 2011. FairPoint Communications was the notable winner in yesterday's sessions with the stock gaining 44.32%. FairPoint Communications, Inc. FRP soared 2.03 (44.32%) to $6.61 after the company said that its net loss during the second quarter trimmed to $27.1 million versus $54.2 million a year earlier. Revenue during the quarter came at $262.6 million. High-speed Internet penetration increased to 28.3% of voice access lines at June 30, 2011. MAKO Surgical Corp. MAKO rose 7.47 (34.89%) to $28.88 after the company reported a loss of 24 cents a share on revenue of $18.6 million in its second quarter, ahead of analysts' estimates of a loss of 24 cents a share on revenue of $16.07 million. Luminex Corporation LMNX increased 6.12 (33.08%) to $24.62 after the company reported $4.6 million or $0.11 a share on revenue of $47.64 million in its second quarter, ahead of analysts' estimates of $0.06 per share on revenue of $40.67 million. Looking forward, the company raised its 2011 annual revenue guidance to a range of $180 million to $185 million from its prior guidance of $163 million to $170 million. Analysts currently expect the company to post revenue of $170.58 million for the full year 2011. Syntroleum Corp SYNM moved 1.87 (13.09%) to 0.26 (25.00%) after the company announced record renewable fuels production and financial results for the six months ended June 30, 2011. For the six months ended June 30, 2011, the company reported an operating loss of $1.8 million resulting from total revenues of $2.0 and operating expenses of $3.8 million. Investorideas.com Free Investor Tools; Sign up for the free investor news and stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp Join Investor Ideas - Research renewable energy stocks, mining, oil and gas, agriculture stocks, cloud computing stocks and more… Investorideas.com Members currently have 24/7 online access to the exclusive subscriber-only stock directories in leading sectors including renewable energy, water and energy stocks. The renewable energy stocks directory now has over 1300 global green stocks listed - it's the largest online! Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/ About InvestorIdeas.com: InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming. Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp For Additional Information and or interest in becoming a content /revenue partner: Dawn Van Zant: 800-665-0411 - dvanzant@investorideas.com Source - Investorideas.com
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MarketsTrading IdeasEnergyHealth CareHealth Care EquipmentIntegrated Telecommunication ServicesinvestmentsLife Sciences Tools & ServicesNASDAQOil & Gas Refining & MarketingstocksTelecommunication Services
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!