Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of cellular supply chain specialist Brightpoint (Nasdaq: CELL) rung up a 14% gain in intraday trading as investors cheered the company's third-quarter results.

So what: For the third quarter, Brightpoint saw its revenue advance 3% from the prior year to $889 million, comfortably ahead of the $861 million in sales that Wall Street was looking for. The bottom line also surprised to the upside as adjusted earnings per shares came in at $0.23 versus a $0.17 expectation. The company handled 24.9 million total units during the quarter, up 14% from the prior year.

Now what: Brightpoint plays middleman for the wireless industry, making sure that phones get from the manufacturers to the sales outlets where customers are shopping. It works with big boys like Apple (Nasdaq: AAPL) and Nokia (NYSE: NOK) on the supplier side and gets the phones to both mobile operators like Verizon (NYSE: VZ) and Sprint (NYSE: S) as well as retail outlets like Best Buy (Nasdaq: BBY). Looking ahead, the company would certainly benefit from a consumer comeback, but it also targets growth through grabbing market share and becoming more efficient and profitable.

Interested in more info on Brightpoint? Add it to your watchlist here.