Information provided by Theflyonthewall.com
) posted an adjusted profit for its most recent quarter, when a loss was expected, and said it shipped 6M smartphones, including approximately 1 million BlackBerry 10 units.
The company also reported a gross margin of 40% in the quarter and said its cash position grew to $2.9B. Shares of the mobile device maker gained 2% near noon following the report and associated conference call.
Among the notable gainers were shares of Repros Therapeutics
), which rose 71% after the company announced its Androxal drug for the treatment of secondary hypogonadism reached its primary endpoints in a study.
Also higher was Deckers Outdoor
), which advanced over 7% after a Jefferies analyst increased his price target on the shares to $100 from $65.
Among the noteworthy losers following their earnings reports were Five Below
), UTi Worldwide
) and PVH Corp.
), which all fell around 4%.