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Guidance Software Inc. (GUID) Surged To A New High On Q4 Earnings News

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Guidance Software Inc. (GUID: Quote) reported fourth quarter non-GAAP EPS of $0.16 after the close Tuesday, up from $0.05 in the prior year period. The company expects to report full year 2012 non-GAAP EPS between $0.35 and $0.42.

Guidance Software gapped up sharply Wednesday and climbed during the second half of the morning. Shares advanced further around mid-afternoon and closed higher by 2.66 at $10.45 on the highest volume of the year. The stock surged past resistance and set a new high for the year.

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by RTT Staff Writer

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