Wi-Lan, MDA out with results, hit 52-week highs

Wi-Lan Inc. (T.WIN) hit a new 52-week high of $3.45; Wi-LAN Inc. announced financial results for the first quarter ended March 31. Highlights include record cash revenues of $16.5 million, an increase of 65% as compared to $10 million in the three-month period ended April 30, 2009.

Pro forma earnings of $7.7 million, or seven cents per share, as compared to pro forma earnings of $3.3 million, or four cents per share, in the three-month period ended April 30, 2009.

GAAP net earnings of $1.1 million, or one cent per share, as compared to a GAAP net loss of $1.0 million, or one cent per share, in the three-month period ended April 30, 2009.

MacDonald, Dettwiler and Associates Ltd. (T.MDA) hit a new 52-week high of $44.84; MacDonald, Dettwiler and Associates Ltd. reported financial results for the first quarter ended March 31, 2010.

Operating earnings per diluted share increased by 40% to $0.81 this quarter compared to $0.58 for the same period of last year. Net earnings on a GAAP basis were $29 million, or $0.71 per diluted share, compared to $24 million, or $0.60 per diluted share, for the same period of last year.

Cardiome Pharma Corp. (T.COM) hit a new 52-week high of $9.14; no news announcements today

Aurizon Mines Ltd. (T.ARZ) hit a new 52-week high of $5.98; no news announcements today

New Gold Inc. (T.NGD) hit a new 52-week high of $6.25; no news announcements today

Logistec Corporation (T.LGT.A) hit a new 52-week high of $17.00; no news announcements today

Eldorado Gold Corporation (T.ELD) hit a new 52-week high of $16.67; no news announcements today

Thomson Reuters Corporation (T.TRI) hit a new 52-week high of $39.34; no news announcements today

Linamar Corporation (T.LNR) hit a new 52-week high of $22.98; no news announcements today

Inter-Citic Minerals Inc. (T.ICI) hit a new 52-week high of $1.71; no news announcements today

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