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Friday, May 4, 2012

Thursday’s NASDAQ Top Stock Winners: KNSY, ATRC, MGAM, LQDT

New York, NY, May 04, 2012 -, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday, May 03. The Nasdaq Composite slid 35.55 (-1.16%) to close at 3,024.30

Kensey Nash Corporation (NASDAQ:KNSY) shares  jumped over 32% after the Royal DSM agreed to acquire all of the common stock of Kensey Nash in a cash tender offer for $38.50 per share in cash.

AtriCure Inc. (NASDAQ:ATRC) reported first-quarter revenue of $17.5 million, up 12% from the same period a year ago, owing to renewed growth in domestic sales. The company posted a net loss of $1.6 million, as compared with a loss of $1.3 million in first-quarter 2011. The per-share loss was $0.10, while analysts expected a loss of $0.14 per share.

Looking forward, the company expects fiscal 2012 revenue in a range of 12% to 15% growth over fiscal 2011. The Company reported revenue of $64.40 million in fiscal 2011. Analysts are expecting the company to report revenue of $72 million for fiscal 2012. Shares of the company jumped over 5%.

Multimedia Games Holding Company Inc (NASDAQ:MGAM) added 16.51% to close at $13.71 after the company reported second quarter revenue of $39.5 million, as compared to $30.1 million in the year ago quarter. Net income was $6.8 million, or $0.24 per diluted share, as compared to $1.2 million, or $0.04 per diluted share, in the same quarter last year.

Looking forward, the company expects fiscal2012 total revenue in between $144 million to $147 million. The Company also raised its fiscal 2012 diluted EPS outlook to a range of $0.72-$0.76. Analysts were expecting the company to report revenue of $138 million and EPS of $0.44for fiscal 2012.

Liquidity Services, Inc. (NASDAQ:LQDT) stock gained 13.13% to close at $62.24. The company reported second quarter net income of $18.8 million or $0.57 diluted earnings per share, as compared with $5.1 million, or $0.18 per share, last year. Adjusted net income was $17.2 million or $0.52 diluted earnings per share. Revenue rose 41% to $125.7 million. Analysts had expected earnings of $0.37 per share on revenue of $122.6 million.

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