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NASDAQ Morning Movers; (RPXC), (ASPS), (ZIONZ), (EGLE)
Category: Investment
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Visit: RPX Corporation
New York, New York - February 13, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top percentage gainers on the NASDAQ for February 13th, 2013.
RPX Corporation (NASDAQ:RPXC) trading at $13.09 rose by $2.40 or 22.45% on a volume of 363,479 shares, making it today's top "morning mover" on the NASDAQ.
RPX Corp stocks rose after the company delivered a profit that beat Wall Street's expectations as well as the revenue expectation. Adjusted Earnings Per Share increased by 33.33% to $0.24 in the quarter, versus EPS of $0.22 in the year-earlier quarter, while revenue rose by 21.58% to $51.56 million from the year-earlier quarter.
Compared to the mean analyst estimate of $0.19, RPX Corp beat the average revenue estimate of $49.02 million.
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) trading at $92.65 gained $8.79 or 10.48% on a volume of 319,529 shares.
Altisource reported today a net income of $110.6 million or $4.43 per diluted share for the year ended December 31, 2012, an increase in net income and diluted earnings per share from the year ended December 31, 2011 of 56% and 60%, respectively. Service revenue was $466.9 million for the year ended December 31, 2012, a 39% increase when compared to the year ended December 31, 2011.
Zions Bancorporation (NASDAQ:ZIONZ) trading at $2.75 moved up $0.25 or 10% on a volume of 8,248 shares.
Eagle Bulk Shipping Inc., (NASDAQ:EGLE) trading at $2.08 gained $0.17 or 8.90% on a volume of 315,626 shares.
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