How Do Telestone Technologies and Pacific Ethanol Look After Earnings?

Ganaxi Small Cap Movers submits:

Telestone Technologies (TSTC), a Chinese provider of wireless local-access network 2G, 3G and potentially 4G technologies and solutions, announced its December 2011 quarterly report after the market close yesterday. Non-GAAP earnings at $1.31 came in 4 cents above the street consensus estimate of $1.27 and revenue was in-line at $60.8 million versus the $59.5 million estimate. This is by far their highest-ever quarterly revenue and operating profit, and significantly above the year ago December quarter revenue and earnings of $33 million and 50c respectively.

The key driver for TSTC's growth has been increased market acceptance by local Chinese telecom carriers of the company's networking products based on their proprietary Wireless Fiber-Optic Distribution System (WFDSTM) technology. According to the company this will gain increased momentum in


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