Lakeway, NY -- (SBWIRE) -- 02/05/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Axcelis Technologies, Inc. (NASDAQ:ACLS) closed at $1.35. The Company announced financial results for the fourth quarter ended December 31, 2012. The revenue was $44.6 million in the fourth quarter compared to $44.6 million in the third quarter of 2012. Net loss for the quarter was $14.8 million or ($0.14) per share compared to a net loss for the third quarter of 2012 of $8.7 million. Cash and cash equivalents were $45.0 million at December 31, 2012.
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Acme Packet, Inc. (NASDAQ:APKT) declined 0.30% to $29.50 after market trading hours. Oracle Corp agreed to acquire Acme Packet Inc. for $29.25 per share in cash or about $1.7 billion, net of Acme Packet's cash. The deal, unanimously approved Acme Packet board of directors, is expected to close in the first half of 2013. The deal represents a fully diluted equity value of $2.1 billion and an enterprise value of $1.7 billion, net of cash. The offer price of $29.25 represents a 22.2% premium over Acme Packet's closing price of $23.93 on Friday.
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Array Biopharma Inc. (NASDAQ:ARRY) closed at $3.88. The Company announced second quarter results. Revenue was $18.4 million compared to $23.2 million in the prior year period. The decline in revenue was due to the $28.0 million licensing payment from Genentech during the first half of fiscal 2012 that did not recur in 2013. Research and development expense was $13.9 million compared to $13.2 million in the comparable prior year period. Net loss was $10.9 million or ($0.10) per share compared to net loss of $3.8 million or ($0.06) per share in the second quarter of fiscal 2012.
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Baidu.com, Inc. (ADR) (NASDAQ:BIDU) slipped 5.88% to $100.90 after market trading hours. The Company announced fourth quarter and year end results. Total revenues increased 41.6% to RMB6.335 billion. Total revenues in fiscal year 2012 increased 53.8% to RMB22.306 billion. Operating profit in the fourth quarter of 2012 was RMB2.848 billion. Operating profit in fiscal year 2012 was RMB11.051 billion. Net income attributable to Baidu in the fourth quarter of 2012 was RMB2.795 billion. Net income attributable to Baidu in fiscal year 2012 was RMB10.456 billion.
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