Topic: Growth Stocks

The Stock Pickers Digest Hotline – Friday, May 22, 2009

Article Excerpt

INTERNATIONAL ROAD DYNAMICS, $0.72, symbol IRD on Toronto, has resumed trading after the Toronto exchange lifted its cease-trading order. International Road has filed its financial statements for its fiscal year, which ended November 30, 2008. It has also filed its statements for the quarter ended February 28, 2009. In the latest quarter, revenue rose 58.7%, to $11 million from $6.9 million a year earlier. Saskatoon-based International Road has customers all over the world; the company reported higher sales in all regions, and across most of its product lines. Earnings were $0.02 a share, compared to a loss of $0.02. International Road makes products and systems that manage highway traffic. These include automated toll-road and weigh-station systems for trucks. International Road’s weigh-in-motion system weighs trucks while they’re moving, rather than at less-efficient roadside weigh stations. The company also makes advanced traffic control systems, driver-management systems and data-collection systems. Over the past two months, International Road has won seven new contracts in India…