Hooper Holmes Skyrockets After Earnings

Shares of

, a nano-cap provider of on-site health screening, laboratory testing and other health and wellness programs, surged higher by more than 8 percent after the company reported its

. Hooper Holmes said that it lost $0.04 per share in the fourth quarter on sales of $9.499 million. The company's revenue represents a 42 percent improvement from the same quarter a year ago. During the fourth quarter, Hooper Holmes performed approximately 152,000 screening units, marking a 20 percent improvement year-over-year. For the full fiscal year, revenue from continuing operations rose 13 percent to $32.1 million while net loss for the full year improved by 35 percent to $4.5 million. Henry Dubois, President and CEO of Hooper Holmes commented, "2015 was a transformational year for our business. We integrated a major acquisition, introduced new Health and Wellness services, and signed new customers. In the first quarter of 2016 we strengthened our capital structure and won new sales which we expect to contribute at least $3.3 million in new 2016 revenue. The year is off to a strong start, and we are making progress towards our 2016 financial goals of revenue in excess of $42 million and positive EBITDA and operating cash flow." Hooper Holmes also