Tag - Uctt

China Sunergy Co Ltd (Nasdaq:CSUN), Novatel Wireless Inc (Nasdaq:NVTL) and Retalix Ltd (Nasdaq:RTLX) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.   

Also included among the results: Sierra Wireless Inc. (Nasdaq:SWIR), FX Energy Inc. (Nasdaq:FXEN), InterVoice Inc. (Nasdaq:INTV), Taser International Inc. (Nasdaq:TASR), BSD Medical Corp. (Nasdaq:BSDM) and Ultra Clean Holdings Inc. (Nasdaq:UCTT).        

Here are the most actively traded companies among small caps:    

Magna Entertainment (Nasdaq:MECA), Taser International Inc. (Nasdaq:TASR) and LSB Corp. (Nasdaq:LSBX) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $1 billion.  

Also included among the results: Alloy Inc. (Nasdaq:ALOY), Encore Bancshares Inc. (Nasdaq:EBTX), PokerTek Inc. (Nasdaq:PTEK), Savannah Bancorp Inc. (Nasdaq:SAVB), Ultra Clean Holdings Inc. (Nasdaq:UCTT) and BCB Bancorp Inc.(Nasdaq:BCBP).           

Here are the biggest percentage gainers among small caps:   

Shares of Ultra Clean Holdings, Inc. (Nasdaq:UCTT) are slipping ahead of the bell after the critical subsystems developer reported first-quarter results after Monday’s close that declined from the year-ago quarter and clocked in below analysts’ expectations.

The company also said it remains cautious about the near-term outlook due to declining industry conditions and guided second-quarter results below the consensus on Wall Street.

Shares skidded 12%, or $1.38, to $10.11 ahead of the opening bell. For detailed price information and recent news stories about Ultra Clean Holdings, click UCTT.

A third-quarter earnings miss last month left some investors ready to clean up their portfolios by sweeping out their shares of Ultra Clean Holdings, Inc. (Nasdaq: UCTT).

Ultra Clean isn’t a Northern California janitorial service. The small cap makes subsystems that keep critical manufacturing operations in the semiconductor and electronics device maker industries free of foreign matter that could play havoc with the fabrication processes.

While the 8% earnings miss was troublesome, it didn’t trigger a drastic change in the long-term outlook of most analysts who follow Ultra Clean. Analysts appear to see Ultra Clean’s results playing off of the overall slackening of growth in the semiconductor industry. Of five analysts polled by Thomson Financial, two have Ultra Clean rated at “strong buy,” two at “buy” and one at the equivalent of “hold.”

After listening to a webcast presentation by Ultra Clean’s management at the JPMorgan “Think Big, Buy Small” small- and mid-cap conference last week, Stanford Group analyst Tim Summers said he didn’t pick up any signals of a sentiment change in the two weeks since the company reported its third-quarter results.

“It’s a great story that’s in an industry that’s crummy right now,” said Summers, who has had a “buy” rating on Ultra Clean, along with a $20 price target, since July. “The semiconductor industry is highly cyclical and historically the stocks will do poorly until investors have the confidence that the industry is coming back.”

While Summers said that the sector still appears to be going down, the decline is slowing, and there is growing evidence that a reversal is coming in the months ahead. In his Oct. 23 post-earnings update note to clients, Summers wrote that Ultra Clean’s “opportunity for growth in the next several years is unsurpassed by any other company in our research universe” and that despite the weakening share price because of the results, “this is a stock we believe investors should own for upside cyclical leverage.”

Ambassadors Group, Inc. (Nasdaq: EPAX), Rocky Brands, Inc. (Nasdaq: RCKY) and hi/fn, inc. (Nasdaq: HIFN) are among the biggest percentage losers in Tuesday's trading among companies with market capitalizations under $750 million.

Here are today's biggest percentage losers:

The Russell 2000 (NYSE: IWM) futures are higher and the small-cap index will open in positive territory on news of good earnings from major players.

Wall Street is in a bullish mood this morning, following news after the close on Monday that Apple Inc. (Nasdaq: AAPL) saw a sharp increase in third-quarter revenue, easily beating analysts’ projections.

Also contributing is credit card issuer American Express Co. (NYSE: AXP), which reported this morning that third-quarter profit rose 10% while revenue added 11%.

Among small-cap companies, Cambridge, Mass.-based Art Technology Group, Inc. (Nasdaq: ARTG) announced quarterly revenue results just a hair above Wall Street’s forecast.

With little on the economic front, earnings news is set to dominate the headlines this morning.

Here are the biggest percentage gainers and losers in pre-market trading among companies with a market cap between $100 million and $750 million:

Biggest percentage gainers:

• China GrenTech Corporation Ltd. (GRRF), up 16% on news of a new order.
• Phoenix Technologies Ltd. (PTEC), up 12% on news of a solid fourth quarter.
• China Precision Steel Inc. (CPSL), up 3%.

Biggest percentage losers:

• Ultra Clean Holdings Inc. (UCTT), down 8% on news third-quarter profit missed expectations.
• LSI Industries Inc. (LYTS), down 7%.
• Volterra Semiconductor Corp. (VLTR) down 9% on news of a decline in third-quarter earnings.

Gigabeam Corp. (Nasdaq:GGBM), Republic Property Trust (NYSE: RPB) and Microvision, Inc. (Nasdaq: MVIS) are among the biggest percentage gainers in Tuesday's trading among companies with market capitalizations under $500 million.

Here are today's biggest percentage gainers:

After hitting a 52-week-high, Ultra Clean Holdings Inc. (Nasdaq: UCTT) saw its stock plummet on heavy volume in after-hours trading today despite recording record revenue and higher earnings for the first quarter.

For the three months ended March 31, the Menlo Park, Calif.-based manufacturer of customized equipment used to make semiconductors posted net income of $5.2 million, or $0.24 per share, on revenue of $110.8 million, compared with net income of $2.1 million, or $0.12 per share, on revenue of $57.8 million a year earlier.

Three analysts polled by Thomson First Call had been expecting earnings per share of $0.27 on revenue of $108 million for the 2007 first quarter.

Ultra Clean’s stock dropped $3.04, or by 15.5%, to $16.56 in after-hours trading on the disappointing results. By 7 p.m. ET, nearly 1 million shares had changed hands, compared with average daily volume of 526,486 shares.

After hitting a 52-week-high, Ultra Clean Holdings Inc. (Nasdaq: UCTT) saw its stock plummet by $2.85, or 14.5%, to $16.75 on heavy volume in after-hours trading today despite posting record first quarter revenue. The Menlo Park, Calif.-based manufacturer of customized equipment used to make semiconductors posted net income of $5.2 million, or $0.24 per share, on revenue of $110.8 million. Three analysts polled by Thomson First Call had been expecting earnings per share of $0.27 on revenue of $108 million. Earlier in the day, Ultra Clean’s stock had reached a 52-week-high of $19.99.

Shares of iRobot Corp. (Nasdaq: IRBT) climbed $1.38, or 9.2%, to $16.38 in after-hours today after the Burlington, Mass.-based robot provider announced it has inked a deal with The Boeing Company (NYSE: BA). The two firms plan to develop and deliver a new, next-generation small unmanned ground vehicle to military, civil and commercial users.

Mindspeed Technologies Inc. (Nasdaq: MSPD) rose $0.22, or by 10.8%, to $2.25 in after-hours trading after meeting analysts’ expectations on second quarter earnings. For its fiscal second quarter ended March 31, Mindspeed posted a net loss of $4.4 million, or $0.04 per share, on revenue of $30.8 million. Eight analysts were expecting a loss of $0.04 per share on revenue of $31.2 million. The Newport Beach, Calif., supplier of semiconductor networking solutions for communications said it expects to return to non-GAAP operating profitability in its third fiscal quarter.