Lakeway, NY -- (SBWIRE) -- 02/25/2013 -- 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:-
Quantum Corp (NYSE:QTM) shares dropped 3.82% and closed at $1.26 in the last trading session. The company, on Feb. 12, announced that an integrated DXi® disk and Scalar® tape solution is expected to save Serco Global Technology Delivery $2 million in storage costs over the next five years.
The company last month reported results for the third quarter of fiscal 2013, ended Dec. 31, 2012. Revenue for the quarter totaled $159 million, down 8 percent from the third quarter of fiscal 2012 (FQ3'12), primarily due to expected declines in OEM and branded tape automation revenue.
Additionally, the company, last month, also announced that for fourth quarter of 2013, it expects revenue of approximately $145 million to $150 million. Analysts are expecting the Company to report revenue of $150 million for fourth quarter of 2013.
Get Latest News, Updates on QTM Here
Vonage Holdings Corp. (NYSE:VG) shares gained 2.34% to $2.62. The company, on Feb. 13, announced that it has entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil. Brazil represents a substantial opportunity for Vonage and Datora, with 67 million total households, 17 million broadband households(1), and more than one million expats.
Additionally, the company also announced results for the fourth quarter and full year ended December 31, 2012. Fourth quarter GAAP net income was $13 million or $0.06 per share, flat sequentially, and down from GAAP net income of $350 million or $1.55 per share in the year ago quarter. Revenue totaled $214 million, up from $208 million sequentially due to targeted price increases and higher Universal Service Fund ("USF") and international pay-per-use revenue.
Is VG a Strong Buying Opportunity After The Recent Slump? Find out Here
LeapFrog Enterprises, Inc. (NYSE:LF) shares climbed 1.61% and closed at $8.83. The company, on Feb. 6, announced that for the first quarter of 2013, it expects net sales to increase by about 10% compared to the first quarter of 2012 and Net loss per share to be in the range of $0.07 to $0.09. The Company reported revenue of $72.01 in the first quarter of 2012. Analysts were expecting the Company to report revenue of $75.5 million and EPS of $(0.12) for the first quarter of 2013.
Additionally, the company, on Feb. 5, announced the release of interactive eBooks from Disney Publishing Worldwide, the world's largest publisher of children's books and magazines, as part of LeapFrog's new third-party developer program for its award-winning platforms.
Is LF Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)