Jim Cramer Blog

Technitrol Inc. (NYSE:TNL - News) shares fell 17% after the Philadelphia-based maker of electronic components late Monday reported third-quarter net earnings of $15.2 million, or 38 cents a share, up from $4.49 million, or 11 cents a share, in the year-ago quarter. Excluding certain items, the company reported a profit of 49 cents a share. Revenue rose to $257.7 million from $147.2 million. Analysts polled by Thomson First Call had forecast a per-share profit of 43 cents. Technitrol expects fourth-quarter revenue in the range of $244 million to $247 million, and operating profit of $21.5 million to $23.5 million. Technitrol also said it has agreed to acquire Radiall/Larsen Antenna Technologies from France-based Radiall SA. Terms of the deal were not disclosed.