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Los Angelas, CA -- (SBWIRE) -- 02/13/2013 -- EZchip Semiconductor Ltd. (NASDAQ:EZCH) reported that net income, on a GAAP basis, for the fourth quarter of 2012 was $4.8 million, or $0.17 per share, compared to net loss of $6.0 million or $0.22 per share, in the fourth quarter of 2011. The prior year quarter result included a one-time charge due to early repayment of $9.9 million to the Israeli Office of Chief Scientist or OCS. Trading at an intraday of $25.35 (-31.37%) with over 2.8 million shares that have exchanged hands.
How Should Investors Trade EZCH After The Recent Fall? Find Out Here
Bankrate Inc (NYSE:RATE) shares declined 18.42% to $10.10 in the pre-market hour after the company yesterday reported that its fourth-quarter net income dropped to $0.3 million or breakeven per share, from $14.0 million or $0.14 per share in the in the comparable quarter of 2011 as revenues fell. Earnings per share, on an adjusted basis, were $0.06 for the latest quarter, compared with $0.19 for the fourth quarter of 2011, representing a decrease of 68%.
How To Trade RATE After The Recent Momentum? Find Out Here
AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO) is down 7.98 percent to $7.26. The company's fourth quarter net loss narrowed from the year-ago quarter, primarily due to a milestone from Astellas recognized upon the acceptance of NDA filing. The company also announced overall survival for tivozanib from the Phase 3 TIVO-1 study in patients with advanced renal cell carcinoma. The final OS analysis, as specified by the protocol, shows a median OS of 28.8 months for tivozanib versus a median OS of 29.3 months for the comparator arm, sorafenib. No statistical difference between the two arms was observed.
What Are AVEO’s Charts Signaling For Traders? Find Out Here
Rackspace Hosting, Inc. (NYSE:RAX) traded at $61.59, down 17.92 percent fourth-quarter income rose 19%, as the data-center provider increased its customer base and posted stronger revenue. The company missed revenue expectations. Rackspace Hosting, Inc. (Rackspace Hosting) is the service in cloud computing industry. Rackspace Hosting offers a portfolio of cloud computing services, including Dedicated Cloud hosting and Public Cloud hosting. The Company sells its services to small and medium-sized businesses, as well as large enterprises.
Will New Regulations Weigh over RAX Revenue Stream? Find Out Here
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