China Architectural Engineering gains ahead of open on strong Q2 that bests the Street
Shares of China Architectural Engineering, Inc. (Nasdaq:CAEI) are gaining ground ahead of the open after the high-end building envelope systems engineer posted robust second-quarter results that trumped the consensus on Wall Street. Revenues soared 113% as the small cap experienced continued business growth in its home market of China and rapid expansion in new markets such as the Middle East and the U.S.
Shares rose 9%, or $0.83, to $10.25 ahead of the open. For detailed price information and recent news stories about China Architectural Engineering, click CAEI.
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