MERX jumped over 12% in heavy trading on Thursday, after the company posted better than expected Q4 results and gave a strong outlook for the first quarter. For Q4, the company earned 17 cents per share on revenues of $100.4 million dollars, comparing to analyst expectations of 14 cents per share of earnings on revenues of $94.3 million dollars. For Q1, the company said that it expects Q1 earnings of between 31-35 cents per share, compared to analyst expectations of 16 cents per share. Volume was extremely heavy on Thursday, with over 2.4 million shares of the stock changing hands, compared to a normal daily average of 465k shares.
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