Stocks To Watch - Oct. 28

(RTTNews) - What made these stocks interesting?

Gulf Island Fabrication Inc. (GIFI)

The company's third-quarter net income was $3.3 million or $0.23 per share, compared to net loss of $10.4 million or $0.72 per share in the prior year quarter.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.28 pert share. Analysts' estimates typically exclude special items.

Revenues increased to $168.19 million from $141.79 million a year earlier, while four analysts had consensus revenue estimate of $143.63 million for the quarter.

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Zogenix Inc. (ZGNX)

The U.S. Food and Drug Administration approved Zohydro ER extended-release capsules, an opioid agonist, extended-release oral formulation of hydrocodone without acetaminophen, for the management of pain severe enough to require daily, around-the-clock, long-term opioid treatment and for which alternative treatment options are inadequate.

Zogenix expects to launch Zohydro ER in about four months.

Zohydro ER was studied in over 1,100 people living with chronic pain who participated in the pivotal Phase 3 efficacy study or an open-label Phase 3 long-term safety study. The efficacy study that enrolled over 500 subjects with chronic low back pain met the primary endpoint in demonstrating that treatment with Zohydro ER resulted in significantly improved chronic pain relief compared to placebo. The key secondary endpoint was also achieved: a significantly higher number of subjects experienced at least 30% improvement in pain intensity from screening to end of study.