Aladdin Knowledge Systems Ltd. (NASDAQ: ALDN) is seeing shares surge in pre-market trading, albeit on rather thin volume. The data security company posted much narrower losses than expected with a report of -$0.02 EPS on $31.7 million in revenues, while First Call estimates were -$0.21 EPS on $29.9 million in revenues. The company now sees fiscal 2008 earnings at $0.04 to $0.10 EPS rather than the estimates for the company to break even. We have only seen about 6,800 shares trade pre-market but the last print was at $11.00 after a $9.43 close yesterday. This is setting the stage for a bounce as the 52-week low is $8.29 and the 52-week high is $26.94. Average daily volume is about 120,000 shares. The stock does have options, although they are thinly traded.
Jon C. Ogg
October 16, 2008
Are You Ahead, or Behind on Retirement?
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: am I ahead, or behind on my goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With Zoe Financial’s free matching tool, you can connect with trusted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.