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Thursday, October 27, 2011

Wednesday's NASDAQ Top Percentage Gainers: FFCH, QCOR, ANAD, IRBT

POINT ROBERTS - October 27, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday October 26th. NASADAQ closed with a fall of 12.25 (+0.46%) at 2650.67.
First Financial Holdings, Inc. (NASDAQ:FFCH) was the top percentage gainer for Wednesaday, closing higher 1.46 (26.79%) to $6.91 after the company said that it agreed to sell $197.9 million of performing loans and classified assets to shore up its balance sheet.
Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) surged 7.13 (21.41%) to $40.43, and made a new 52-week high of $41.14, after the company reported that it earned $22.9 million or $0.35 a share on revenue of $59.8 million. On an adjusted basis, the company earned 37 cents a share, topping analysts' estimates of 26 cents a share on revenue of $53.42 million.
ANADIGICS, Inc. (NASDAQ:ANAD) surged 0.43 (18.45%) to close at $2.76 after the company said that it had a net loss of $10.01 million, or $0.15 a share on revenue of $37.26 million in its third-quarter. On an adjusted basis, the company had a net loss of 12 cents compared to analysts' estimates of a loss of 12 cents per share on revenue of $$36.0 million.
iRobot Corporation (NASDAQ:IRBT) closed with an impressive gain 4.94 (17.46%) to end the day at $33.24 after the company said that it earned $14.0 million, or 50 cents a share on revenue of $120.4 million, topping analysts' estimates of 26 cents a share, on revenue of $119.1 million.
Going forward, the company lifted its full-year earnings outlook to $1.32-$1.36 a share, from its prior outlook of $1.04-$1.10 a share. The stock is up another 4% in early morning trading Thursday.
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