Earnings roundup

Headwaters Inc.

Headwaters Inc., an alternative fuels company, posted a fourth-quarter loss of $70.5 million as the company wrote down the value of a construction-materials business because of the "depressed" homebuilding market.

The loss for the period ended Sept. 30 was $1.67 a share compared with net income of $27.9 million, or 61 cents, a year earlier, South Jordan-based Headwaters said in a statement Tuesday. Sales rose 17 percent to $322.5 million.

Headwaters took a charge of $98 million for Tapco, which sells shutters and roofing products. New home sales in September slumped 23 percent, the Commerce Department said Oct. 25.

The impact from "housing remains the major wild card," said William Gibson, an analyst at Nollenberger Capital in San Francisco, who expected the company to earn 42 cents a share and rates the stock "neutral."

IMergent

E-commerce software company iMergent Inc., based in Orem, reported a net loss of $800,000, or 7 cents per share, for the fiscal first quarter ended Sept. 30. That compares with net income of $2.3 million, or 18 cents per share, for the same quarter a year earlier.

Revenue totaled $32.5 million, up from $29 million in the year-earlier period.