Uranium Resources, Inc. (NASDAQ:URRE) reported its results for the third quarter. Loss narrowed to $2.8 million (loss of 3 cents per diluted share) from $3.7 million (loss of 4 cents per share) in the same quarter a year earlier.
Don Ewigleben, President and CEO of URI, commented, “Challenging drilling conditions, coupled with higher equipment costs due to increased industry demand, caused Phase I expenses to be higher than anticipated. This resulted in fewer than desired drilled holes and about two additional months of exploration time. Nonetheless, we remain encouraged with the properties potential and we are currently in discussions with CTI on the potential start date of Phase II work.”
Competitors to Watch: Uranium Energy Corp. (AMEX:UEC), Cameco Corporation (NYSE:CCJ), Uranerz Energy Corp. (AMEX:URZ), Ur-Energy Inc. (AMEX:URG), Denison Mines Corp. (AMEX:DNN), Crosshair Exploration & Mining Corp. (AMEX:CXZ), USEC Inc. (NYSE:USU), General Moly, Inc. (AMEX:GMO), Ur-Energy Inc. (NYSE:URE), and American Uranium Corp (ACUC).
Woodward Inc. (NASDAQ:WWD) reported net income above Wall Street’s expectations for the fourth quarter. Net income for the industrial electrical equipment company rose to $41.7 million (60 cents per share) vs. $32.7 million (47 cents per share) in the same quarter a year earlier. This marks a rise of 27.6% from the year earlier quarter. Revenue rose 18.8% to $489.3 million from the year earlier quarter. WWD beat the mean analyst estimate of 55 cents per share. It beat the average revenue estimate of $465.6 million.
“Woodward concluded fiscal 2011 with record sales and earnings for the quarter and the year,” said Thomas A. Gendron, Chairman and Chief Executive Officer. “We delivered on important organic growth strategies and laid the groundwork for broad expansion in our energy control solutions for future years with our platform wins, system development and market positioning.”
Competitors to Watch: Parker-Hannifin Corp. (NYSE:PH), General Electric Company (NYSE:GE), United Technologies Corp. (NYSE:UTX), Honeywell Intl. Inc. (NYSE:HON), Broadwind Energy Inc. (NASDAQ:BWEN), Ocean Power Tech., Inc. (NASDAQ:OPTT), Capstone Turbine Corp. (NASDAQ:CPST), Goodrich Corporation (NYSE:GR), Generac Holdings Inc. (NYSE:GNRC), and Hydrogen Engine Center, Inc. (HYEG).