Friday's close: $28.99
Week's change: + 24.15%
Baltimore security software provider SafeNet said it swung to a profit in the second quarter after its merger with competitor Rainbow Technologies. SafeNet earned $400,000 (2 cents per share), compared with a loss of $2.4 million (24 cents) in the same quarter a year ago. Revenue more than doubled to $54.3 million from $16.5 million.
Friday's close: $40.18
Week's change: +14.1%
The McLean, Virginia-based software company said second quarter income more than tripled to $11.4 million (67 cents per share) from $2.3 million (15 cents per share) after the company launched three new products. Revenue rose to $49.9 million from $2.3 million.
Friday's close: $10.25
Week's change: -10%
GTSI of Chantilly, which provides information technology services to the government, reported a second quarter loss of $1.6 million, compared with a profit of $1.1 million a year ago. Chief executive Dendy Young said he was "disappointed" with the results and that GTSI is trying to improve its profit margins. Revenue grew 26 percent to $238.9 million.
Friday's close: $35.30
Week's change: -7.25%
Laureate Education said second quarter profit dropped 68 percent even though the company posted higher revenue and enrollment in its online and campus higher education programs. The Baltimore firm said income fell to $20.8 million (43 cents per share) from $30.9 million (75 cents) a year ago. Revenue rose 36 percent to $158.3 million.