The e-signature and authentication firm said Q1 net income was $3.5 million, or $0.09 per share, compared to $2.8 million, or $0.07 per share, a year earlier. Revenue from continuing operations increased 10% to $38.8 million from $35.4 million a year earlier. An analyst survey was not available.
VDSI traded as high as $9.48 earlier in Thursday’s session, its highest since October 2012.
Shares of Omega Flex, Inc.(NASDAQ:OFLX) slipped 1% after the maker of flexible hoses reported Q1 diluted EPS of $0.22 vs. $0.16 in the year ago period. Omega reported Q1 net sales of $16.59 million vs. $16.38 million a year earlier. No analyst estimates were available. In afternoon trade, OFLX was down 1.10% to $20.76.
Shares of Landstar System, Inc. (NASDAQ:LSTR) hit an all-time high Thursday after reporting Q1 EPS and revenues that beat analyst expectations on what the company said was rising truck transportation demand. Q2 guidance is mostly positive.
The company reported Q1 EPS of $0.61 vs. $0.57 in the year ago period, on revenues of $688.1 million vs. $622.9 million. Capital IQ consensus was EPS of $0.59 and revenues of $667 million.
For Q2 2014, CEO Henry Gerkens provided guidance of EPS $0.73 to $0.78 and revenues of $750 million to $800 million. Capital IQ Q2 estimates were EPS of $0.74 and revenues of $720 million. In mid-day trade LSTR was up 1.81% to $62.35 after hitting an all-time high of $62.49 earlier in the session.
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