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Los Angelas, CA -- (SBWIRE) -- 11/19/2012 -- Oclaro, Inc. (NASDAQ:OCLR) shares gained 15.18% and closed at $1.29 in yesterday’s session. The company announced the financial results for its first quarter of fiscal year 2013, which ended September 29, 2012. Revenues were $148.8 million for the first quarter of fiscal 2013, compared with revenues of $104.4 million in the fourth quarter of fiscal 2012. Oclaro, Inc., is a provider of optical communications and laser components, modules and subsystems for a range of markets, including telecommunications (telecom), industrial, scientific, consumer electronics and medical.
How To Trade OCLR Now After The Recent Volatile Moves? Find Out Here
Velti Plc (NASDAQ:VELT) fell -11.90% and closed the trading session at $3.85. The market capitalization of the stock remained 250.24 million. The price to sales ratio of VELT was 1.06 while price to cash ratio was 5.58. Velti Plc (NASDAQ:VELT) has updated the financial results for the Q3 of 2012. The company updated revenue of $62.4 million, advanced +62% as compared to the third quarter of 2011. Adjusted net loss of $1.8 million and adjusted Earnings per share was of $(0.03) versus with an adjusted net loss of $1.1 million and adjusted Earnings per share of $(0.02) for the third quarter of 2011.
What Should Investors Do With VELTI Now? Find Out Here
Dynavax Technologies Corporation(NASDAQ:DVAX) shares plunged 50.32% to $2.30 after the company’s Hepatitis vaccine Heplisav did not secure the backing of a U.S. Food and Drug Administration panel for its safety. However, the committee voted in favor of the drug on the efficacy aspect. The FDA’s Vaccines and Related Biological Products Advisory committee voted 13 to one, supporting the efficacy of the vaccine, terming the data as adequately demonstrating its immunogenicity.
Can DVAX Extend Gain? If Yes, How Far It Can Go? Find Out Here
Magnum Hunter Resources Corp (NYSE:MHR) stock traded with a starting price of $3.43, hit high of $3.49 and closed at $3.44. The market capitalization remained at 580.08 million. On November 16,2012, the stock surged +0.29%. Magnum Hunter Resources Corp (NYSE: MHR) has reported the financial results for the quarter ended September 30, 2012. For the Q3 of 2012, total revenue was $69.8 million, advanced +149% as compared to $28.1 million for the same period of 2011.
Is MHR Showing Any Sign of Buy At The Current Market Price? Find Out Here
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