Tech Stocks Mixed on News (XRTX, MVIS, EBIX)
Monday's Tech Stocks .
(EMAILWIRE.COM, March 09, 2010 ) Dallas, Tx - Microvision, Inc. (NASDAQ:MVIS) rose 5.20% to $2.83 on 1.45 million shares after the company announced today the opening of its web store for U.S. customers for the SHOWWX laser pico projector. Microvision is introducing two product offerings in the U.S. -- the Standard Edition SHOWWX and the Limited Edition SHOWWX promotional bundle.
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Xyratex Ltd. (NASDAQ:XRTX) gained 11.81% to $17.14 on 5.13 million shares after the company raised its first quarter of 2010 guidance and expects revenue to be in the range of $313 to $318 million, compare to previous range between $245 and $285 million and GAAP earnings per diluted share (EPS) to be in the range of $0.77 to $0.87, compare to previous range between $0.24 and $0.52. According to Reuters Estimates, analysts were expecting the Company to report GAAP EPS $0.0.37 on revenue of $271 million for the first quarter of 2010.
Ebix, Inc. (NASDAQ:EBIX) lost 0.18% to $16.92 on 2.08 million shares after the company today reported results for the fiscal fourth quarter and full year ended December 31, 2009. For the full fiscal year of 2009, the Company reported revenue of $97.7 million, an increase of 31% from the prior year revenues of $74.8 million.
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Xyratex Ltd. (NASDAQ:XRTX) gained 11.81% to $17.14 on 5.13 million shares after the company raised its first quarter of 2010 guidance and expects revenue to be in the range of $313 to $318 million, compare to previous range between $245 and $285 million and GAAP earnings per diluted share (EPS) to be in the range of $0.77 to $0.87, compare to previous range between $0.24 and $0.52. According to Reuters Estimates, analysts were expecting the Company to report GAAP EPS $0.0.37 on revenue of $271 million for the first quarter of 2010.
Ebix, Inc. (NASDAQ:EBIX) lost 0.18% to $16.92 on 2.08 million shares after the company today reported results for the fiscal fourth quarter and full year ended December 31, 2009. For the full fiscal year of 2009, the Company reported revenue of $97.7 million, an increase of 31% from the prior year revenues of $74.8 million.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We provide alerts on hot stocks, midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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