Tag - Sone

DryShips Inc. (Nasdaq:DRYS), Eagle Bulk Shipping Inc. (Nasdaq:EGLE) and Sierra Wireless Inc. (Nasdaq:SWIR) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: AMAG Pharmaceuticals Inc. (Nasdaq:AMAG), James River Coal Co. (Nasdaq:JRCC), Applied Micro Circuits Corp. (Nasdaq:AMCC), Acme Packet Inc. (Nasdaq:APKT), S1 Corp. (Nasdaq:SONE) and Force Protection Inc. (Nasdaq:FRPT).

DryShips Inc. (Nasdaq:DRYS), Ciena Corp. (Nasdaq:CIEN) and Eagle Bulk Shipping Inc. (Nasdaq:EGLE) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: S1 Corp. (Nasdaq:SONE), Titan Machinery Inc. (Nasdaq:TITN), Solarfun Power Holdings Co Ltd. (Nasdaq:SOLF), USA Mobility Inc. (Nasdaq:USMO), Synaptics Inc. (Nasdaq:SYNA) and American Medical Systems Holdings Inc. (Nasdaq:AMMD).

Shares of S1 Corp. (Nasdaq: SONE) ended the session with a large gain on news after the close on Tuesday that the financial software maker swung to a fourth-quarter profit.

The Norcross, Ga.-based company announced that GAAP earnings from continuing operations for the three months ended Dec. 31, 2007, were $0.11 per share, compared with a loss of $0.17 per share a year earlier.

Revenues rose 6% to $53.4 million from $50.24 million during the final three months of 2006.

“The results were basically as expected,” said John Kraft, an analyst with brokerage house DA Davidson, in a phone interview. “What has been interesting is that expectations have been steadily declining.”

“I believe part of the pop today was recovery, catching up,” added Kraft, who is maintaining his “buy rating.”

For the full year, S1 reported GAAP earnings were $0.32 per share from continuing operations, compared to a loss of $0.17 per share for 2006. Total revenues increased 7% to $204.9 million from $192.3 million in 2006.

“We posted strong year-over-year growth in revenue and earnings and achieved several significant milestones during 2007,” CEO Johann Dreyer said in a statement. “We have turned S1 into a profitable organization that is well positioned for the future.”

Looking forward, Dreyer said he projects 2008 revenues between $216 million and $220 million and GAAP earnings of $0.37 per share and $0.40 per share.

“The guidance was basically inline,” Kraft said.

The Russell 2000 (NYSE: IWM) sagged slightly on mixed economic news. The small-cap index fell 0.88 points, or 0.12%, to 716.44. The Dow Jones Industrial Average (INDU) gained 9.36 points, or 0.07%, to 12,694.28.

On a year-to-date basis, the Russell 2000 has declined 6.47%, while the Dow is down 4.30% and the S&P 500 has let go 6.02%.

Small-cap stocks went both up and down today but closed little changed as investors digested a handful of economic data.

The index opened down on news that durable goods fell 5.3% in January, according to the U.S. Census Bureau. Economists were expecting to see a 4% decline following a downwardly revised increase of 4.4% in December.

A separate report showed that new home sales for January also fell more than expected, underscoring the problems in the housing sector.

At around 10:30 a.m. ET, the Russell 2000 moved into the green as U.S. Federal Reserve chairman Ben Bernanke hinted to members of the House Financial Services Committee that the Fed might lower its target federal funds rate when it next meets on March 18.

More good news came when government regulators from the Office of Federal Housing Enterprise Oversight announced they will remove the investment caps of mortgage lenders Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).

But the bulls lost their footing and the small-cap index fell to its lowest level of the session at around 2:30 p.m. ET, before a rebound moved it back up to its starting position.

The following are the most actively traded companies in pre-market trading among those with market capitalizations under $500 million:

Physicians Formula Holdings Inc.’s (Nasdaq: FACE) stock dropped by $1.90, or 8.7%, to $20.05 after the closing bell today after the Azusa, Calif.-based company released its first quarter financial results and second quarter outlook. For the three months ended March 31, the cosmetic company posted net income of $0.30 on revenue of $35.7 million. Net income included $0.03 per share of non-cash compensation expense after tax and $0.01 per share of secondary offering costs after tax. Excluding these items, adjusted net income per diluted common share would have been $0.34 for the first quarter of 2007. Three analysts polled by Thomson First Call had estimated earnings per share of $0.27 on revenue of $34 million. Looking ahead, though, the company predicted it would report a net loss between $0.04 and $0.01 on revenue of between $24.5 million to $25.5 million for the second quarter. Analysts were expecting earnings per share of $0.18 on revenue of $28.6 million.

Shares of S1 Corp. (Nasdaq: SONE) dipped by $0.17, or 2.5%, to $6.78 in after-hours trading today when the Atlanta-based financial software company released its first quarter financial results and full-year guidance. S1 earned $0.05 per share on revenue of $47.6 million. Analysts had estimated earnings per share of $0.05 on revenue of $48.2 million. For 2007, S1 expects GAAP earnings of between $0.25 and $0.28 per share on revenue in the range of $200 million to $206 million. Analysts were expecting non-GAAP EPS of $0.21 on revenue of $201.2 million.