Tuesday, August 09, 2011

Monday's NASDAQ Top Percentage Gainers: BSFT, GSAT, ZIOP, NVTL

POINT ROBERTS - August 9, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 08, 2011. In Monday�s session, BroadSoft Inc was leading the top gainer as the stock soared 9.70%. As the Dow , NASDAQ and global markets crashed, investors still realized gains in select stocks.
BroadSoft Inc (NASDAQ:BSFT) rose 2.30 (9.70%) to $26.00 after the company reported 29 cents a share on revenue of $32.2 million in its second quarter, well ahead of analysts’ estimates of 12 cents a share on revenue of $28.77 million. The company projects to earn $0.20-$0.23 in the current quarter on revenue of $31-$33 million.
Globalstar, Inc. (NASDAQ:GSAT) soared 0.050 (8.47%) to $0.64 after it announced that the largest producer of oil and natural gas in the United States has selected Geoforce and Globalstar to help monitor the safety and location of its lone workers.
ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) increased 0.39 (8.30%) to $5.09. last week, after the company reported $10.7 million, or $(0.16) a share for the second quarter, compared to net income of $9.0 million, or $0.21 per share for the second quarter of 2010.
Novatel Wireless, Inc. (NASDAQ:NVTL) rose 0.23 (6.91%) to $3.56. Last week, the company reported second-quarter per-share loss was wider than consensus expectations, and the provider of wireless broadband access solutions also projected a loss-per-share when analysts' had been estimating a profit.
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