Weekly Comments – August 7, 2017 – BCPC, CBM, DAR, ERII, KVHI, LCII, MRCY, OLED, POWL, STS, TTEK, WATT

BCPC  –  Strong sales, earnings delivered in second quarter.  Balchem Corporation reported sales in the second quarter ending June 2017, that topped expectations, but earnings fell short of the consensus estimate.  That was apparently of no concern to …

CBM  –  Updated view following earnings report.  Cambrex reported 13% year-over-year growth at the top-line in the June 2017 quarter, reaching a total of $134.6 million in revenue.  Operating leverage was in evidence in the quarter as reported income from…

DAR  –  View ahead of earnings report this week.  Darling Ingredients is on the calendar to report financial results for the quarter ending June 2017 on Thursday morning this week.  A conference call is scheduled for the same morning.  The consensus…

ERII  –  Product development update following quarter earnings report.  Despite reporting the highest gross profit margin in Energy Recovery’s history, traders were sorely disappointed with financial results in the second quarter ending June 2017.  On the first…

KVHI  –  Losses continue in second quarter 2017.  KVH Industries reported lower sales in the quarter ending June 2017 compared to the same quarter last year.  Revenue totaled $40.5 million versus $46.0 million a year ago.  The net loss was $2.0 million or $0.12 per…

LCII  –  Strong demand fuels organic growth.  Shares of LCI Industries ended the most recent week with interesting developments in technical signals.  Traders reacted strongly to the Company’s report of financial results in the quarter ending June 2017….

MRCY  –  Backlog increases drive current year growth.  There was considerable drama in trading last week in the small-cap sector.  Nowhere was there more excitement than in the first day of trading in Mercury Systems shares direction following the Company’s …

OLED  –  Better than expected revenue on materials sales activity.  Share of Universal Display continue to trade along a line of price support/resistance at the $118 to $120 price level.  Report of financial results for the quarter ending June 2017, were not enough…

POWL  –  Preview of quarter report due this week.  This week on Tuesday morning before the market open, Powell Industries is scheduled to report financial results for the quarter ending June 2017.  There are three contributors to a consensus estimate for the…

STS  –  Revised outlook following quarter report.  Shares of Supreme Industries staged a dramatic recovery after a tumultuous beginning on the week.  The Company reported financial results during the quarter ending June 2017, provoking strong reactions…

TTEK  –  Updated view on quarter financial results.  Tetra Tech’s quarter earnings report last week was met with high drama as traders reacted with surprisingly vehement disappointment.   The shares gapped down in the first day of trading following the…

WATT  –  Preview of quarter report scheduled this week.  Traders are anxious to hear from Energous management an update on the much anticipated debut of the Company’s wireless charging technology in mobile devices.  The Company’s product…

 

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