Tag - Enwv

LIN TV Corp. (NYSE:TVL), China East Air (NYSE:CEA) and Yadkin Valley Financial Corp. (Nasdaq:YAVY) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.      

Also included among the results: Mid Penn Bancorp Inc. (AMEX:MPB), Endwave Corp. (Nasdaq:ENWV), TechTarget Inc. (Nasdaq:TTGT), Greenfield Online Inc. (Nasdaq:SRVY), NGAS Resources Inc. (Nasdaq:NGAS) and H&E Equipment Services Inc. (Nasdaq:HEES).       

Here are the biggest percentage gainers among small caps:           

NB Capital Corp (Nasdaq:NBD), Horizon Lines (Nasdaq:HRZ) and SureWest Communications (Nasdaq:SURW) are among the biggest percentage gainers in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AngioDynamics Inc (Nasdaq:ANGO), James River Coal Co (Nasdaq:JRCC), Triumph Group (Nasdaq:TGI), TEAM Inc (Nasdaq:TISI), Endwave Corp (Nasdaq:ENWV) and Columbia Banking System Inc (Nasdaq:COLB).

Here are the biggest percentage gainers among small caps:

Radio frequency module maker Endwave Corporation (Nasdaq:ENWV) narrowed its second-quarter net loss, the company announced after the close on Thursday. The news sent shares soaring 18% today. For the quarter ended June 30, net loss was $0.76 million, or $0.08 per share, compared to a net loss of $1.9 million, or $0.16 per share, for the same quarter a year ago. Revenues were $17.3 million versus, $13.5 million for the year-ago period. The company said the revenue growth was spurred by increased demand from Nokia Siemens Networks and better momentum with non-telecom customers.

Shares of the San Jose, Calif.-based company are at $6.50 at 11:17 a.m. ET, up $1 from Thursday’s close. The stock has ranged from $4.81 to $11.44 during the past year.

First Horizon National Corp (Nasdaq:FHN), ATMI Inc (Nasdaq:ATMI) and Endwave Corp (Nasdaq:ENWV) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: American Independence Corp (Nasdaq:AMIC), Maguire Properties Inc (Nasdaq:MPG), FCStone Group, Inc. (Nasdaq:FCSX), Anaren Inc (Nasdaq:ANEN), Pyramid Oil Co (Nasdaq:PDO) and DineEquity Inc (Nasdaq:DIN).

Here are the biggest percentage losers among small caps:

Stuffed with cash and operating around break-even levels, with a recent indication of improving operating momentum, this microcap tech play is worth a closer look for value-hungry investors.

Long-time underperformer Endwave Corp. (Nasdaq: ENWV), a manufacturer of RF modules for the telecommunications, defense electronics and homeland security systems markets, recently reported two positive developments. On Jan. 7, Endwave announced preliminary fourth-quarter revenue of $14.4 million, well above its previous guidance of $11 to $13 million. The company also said that it expected to report “meaningful revenue growth” in 2008. Endwave is set to report its fourth-quarter and full-year results on Feb. 5. As of this writing, Endwave shares are changing hands for $6.73, near the low end of the stock’s 52-week range of $5.40 to $13.75.

In late December, San Jose, Calif.-based Endwave announced that it had completed the repurchase of 2.5 million shares of its stock at $6.83 a share from the Wood River Funds. The remaining 1.6 million Endwave shares held by Wood River were purchased by institutional investors. Back in 2005 it came to light that Wood River had secretly invested 85% of its entire portfolio in Endwave stock without reporting this position to the U.S. Securities and Exchange Commission. Ultimately, Wood River was shut down and its founder was sentenced to prison last fall. Endwave was only a victim in this scheme, but the uncertainty of what would happen to Wood River’s substantial 30%-plus stake in Endwave had weighed on the stock. With these repurchases, the Wood River saga is over and liquidity in Endwave shares should improve.

Even after the recent stock repurchase, Endwave is still sitting on a mountain of cash that it can use for future buybacks or acquisitions. Endwave ended the year with $49 million in cash on hand and no debt. Based on approximately 9.1 million shares outstanding after the buyback, as well as preferred stock that can be converted into another three million shares, the $78 million market capitalization company sports an enterprise value of just $32 million. This values the stock at just 0.5x its expected 2007 full year revenue of approximately $56.5 million. Of course, all is not sweetness and light for Endwave, as indicated by the stock’s lowly valuation and lack of Wall Street analyst coverage. For the third quarter ended Sept. 30, Endwave reported revenue of $13.8 million, up from $13.5 million in the second quarter, but down substantially from $18.8 million a year ago. The non-GAAP loss for the quarter of $0.21 million, or $0.02 a share, compares with a non-GAAP profit of $2 million, or $0.14 a share, in the year ago period.

Endwave Corp. (Nasdaq: ENWV), a provider of wireless modules for telecommunications networks, announced after the closing that it won a $1.7 million contract with a major wireless telecommunications equipment manufacturer. The contract covers the design and initial production deliveries for new radio frequency subsystems.

"We are excited to secure additional frequency variants and increase our ability to support a greater portion of our customer's world-wide radio business," CEO Ed Keible said in a statement. "Our expanded role on this adjustable data-rate microwave radio platform indicates the high confidence our customer has in Endwave's ability to bring advanced technology to market in a timely fashion."

In today’s trading, ENWV shares were down 1.46%, or $0.15, at $10.15. Shares are flat in after-hours trading. Over the last 52 weeks, shares have ranged from $8.25 to $13.75.

One thing about small-cap investors – there are always a few who like to take a high-stakes bet. On Monday, July 23, some heavy gamblers placed 8.4 million chips on the stock of tiny wireless data transmission company Gigabeam Corp. (Nasdaq: GGBM) – the number of shares of GGBM that changed hands that day. Gigabeam has only 6.55 million shares outstanding and its market cap is now about $33 million.

After sleeping through most of 2007 at under $3.00, with daily volume rarely topping 30,000 shares, GGBM suddenly soared like a doped cyclist powering up a mountain in the Tour de France. From a $2.80 close on the previous Friday, it jumped to $4.85 on Monday, peaked mid-day Wednesday at $7.06 (a 152% increase from Friday’s close,) and has since coasted back to close at $5.02 on July 31. Its all-time high was $13.80 in April 2006.

The shot in the arm that woke this comatose stock was a press release issued after the market closed on July 20. Gigabeam announced that it had received an order for two dozen of its high-speed wireless data transmission systems from One Velocity Inc., a wireless telecom provider based in, appropriately enough, Las Vegas. Gigabeam CEO Louis Slaughter expanded on the news on July 25 in a conference call covered by SmallCapInvestor.com, assuring investors that this was a “milestone” event.

Gigabeam will not reveal how much the One Velocity order is worth, but on May 17 of this year, it did announce two “follow-on orders,” one from the Department of Defense and one from “a University in New York City,” that totaled “approximately $350,000.”

The question is whether this medicine is strong enough to save a long-ailing Gigabeam. Since its founding in January 2004 it has never made a profit from its systems. For the quarter ended March 31, 2007, it reported a net loss of $3.1 million on revenues of just $284,142 – one-sixth its revenues of $1.7 million for the same quarter last year (when it reported a net loss of $4.8 million).

These are the biggest percentage losers at 12:12 ET among companies with market capitalizations under $500 million: