Boston, MA -- (SBWIRE) -- 08/14/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Strategic Hotels and Resorts Inc (NYSE:BEE), Goodrich Petroleum Corporation (NYSE:GDP), Ply Gem Holdings Inc (NYSE:PGEM), McDermott International (NYSE:MDR)
Strategic Hotels and Resorts Inc (NYSE:BEE) shares fell 0.80% to $8.69 in the early hour. The company on August 7 reported results for the second quarter ended June 30, 2013. Total consolidated revenues were $244.2 million in the second quarter of 2013, a 21.2 percent increase over the prior year period. Net income attributable to common shareholders was $3.3 million, or $0.01 per diluted share, in the second quarter of 2013, compared with net loss attributable to common shareholders of $3.0 million, or $0.01 per diluted share, in the second quarter of 2012.
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Goodrich Petroleum Corporation (NYSE:GDP) shares increased 7.81% to $23.45. The company on August 6 announced financial and operating results for the quarter ended June 30, 2013 and provided an operational update. The Company announced a net loss applicable to common stock of $20.1 million for the quarter or ($0.55) per basic share, versus a net loss applicable to common stock of $4.7 million or ($0.13) per basic share in the prior year period. Adjusted net loss applicable to common stock was $23.0 million.
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Ply Gem Holdings Inc (NYSE:PGEM) shares jumped 1.57% to $15.50. The company on August 13 announced financial results for the second quarter and six months ended June 29, 2013. Net sales for the second quarter were $368.1 million, higher than 2012 second quarter net sales of $307.3 million by $60.9 million, or 19.8%. Second quarter 2013 Adjusted EBITDA was $41.1 million compared to Adjusted EBITDA of $45.1 million for the second quarter of 2012.
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McDermott International (NYSE:MDR) shares increased 1.81% to $7.33. The company issued its quarterly earnings data on August 6. The company reported ($0.63) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.66. The company had revenue of $647.25 million for the quarter, compared to the consensus estimate of $757.87 million.
Additionally, the company, on August 5, announced that John T. McCormack, Executive Vice President and Chief Operating Officer, has advised the Company of his intention to retire, effective in the fourth quarter of this year. Mr. McCormack (age 66) has been with McDermott for ten years and has held his current role since 2011.
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