Big Gainers -- Trident, Harmonic, Maxwell and CAMAC (TRID, HLIT, MXWL, CAK, PTRP)

Trident Microsystems (TRID) reported net revenues of $171.6 million, which compares with $14.9 million in the quarter ended June 30, 2009. Non-GAAP net loss was $14.8 million, or $0.09 per share, which compares with a non-GAAP net loss of $15.7 million, or $0.24 per share a year ago. Shares of Trident are up almost 19%. Harmonic (HLIT) reported net revenues of $95.5 million, up 18% from $81.3 million in the second quarter of 2009. Non-GAAP net income was $9.1 million, or $0.09 per diluted share, up from $3.1 million, or $0.03 per diluted share a year ago. Harmonic is higher by nearly 16%. Maxwell Technologies (MXWL) reported revenue of $29.6 million for its second quarter, up 19 percent from the same period in 2009. Non-GAAP operating profit was $933,000 in Q2 compared with $99,000 in the same period last year, and net income of $455,000, or $0.02 per diluted share in Q210, compared with a net loss of $531,000, or $0.02 per diluted share in Q209. Maxwell is up 15.75%. According to ETFChannel.com, the PowerShares Global Progressive Transportation Portfolio ETF is the ETF that has the largest percent of its holdings in Maxwell Technologies, at 2.24% of the ETF. CAMAC Energy (CAK) President and CEO Frank C. Ingriselli said that his decision to retire is purely a personal decision that will allow him to spend more time with his family and pursue his other hobbies and interests. It has nothing to do with the quality of the Company, its assets, its business plans, or its vision for the future. He also said that more details regarding the company's Oyo Oilfield interest and their China assets will be forthcoming in their 2nd quarter results that will be released in the coming weeks. Shares of CAMAC are up 16.9%.
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