Austin, TX -- (SBWIRE) -- 05/02/2013 -- Jackpotpennystocks.com, an investor research portal specializing in several sectors including biotech and healthcare and tech stocks on the U.S. market, issues news updates on the following stock:-
Ixia (NASDAQ:XXIA) shares fell 11.90% to $14.51. The company on April 30 reported its financial results for the first quarter ended March 31, 2013. Total revenue for the 2013 first quarter was $122.8 million, compared with $86.7 million reported for the 2012 first quarter. On a GAAP basis, the company recorded net income for the 2013 first quarter of $8.1 million, or $0.11 per diluted share, compared with net income of $5.2 million, or $0.07 per diluted share, for the 2012 first quarter. Non-GAAP net income for the 2013 first quarter was $20.3 million, or $0.25 per diluted share, compared with non-GAAP net income of $12.2 million, or $0.16 per diluted share, for the 2012 first quarter.
Can XXIA Continue To Move Higher? Find Out Here
MELA Sciences Inc (NASDAQ:MELA) shares decreased 11.38% to $1.09. The company on April 30 announced financial results for the first quarter ended March 31, 2013. Revenues for the three months ended March 31, 2013 were $144,100 compared to $11,250 reported for the same period in 2012. The Company's net loss for the three months ended March 31, 2013 was $6.5 million, or $0.17 per diluted share, compared to a net loss of $5.8 million, or $0.19 per diluted share, for the same period in 2012.
Can MELA Extend Gain? Find Out Here
Ion Geophysical Corp (NYSE:IO) shares declined 10.58% and closed at $5.58 in the last trading session. The company on May 1 announced that it intends to commence, subject to customary conditions, an offering of up to $175 million aggregate principal amount of its senior secured second lien notes due 2018. The Company intends to use net proceeds from the sale of the notes to repay existing debt and for general corporate purposes.
Additionally, the company on April 30 reported first quarter 2013 revenues of $129.7 million, a 16% increase from revenues of $111.7 million in first quarter 2012. First quarter 2013 net income was $1.5 million, or $0.01 per diluted share, compared to net income of $8.2 million, or $0.05 per diluted share, in first quarter 2012.
How Should Investors Trade IO Now? Find Out Here
Arrow Electronics, Inc. (NYSE:ARW) shares dropped 7.04% to $36.47. The company on May 1 reported first quarter net income of $77.9 million or $0.72 per share, compared with $113.6 million or $1.00 per share during the corresponding quarter last year. Adjusted earnings were $96.0 million or $0.89 per share. Analysts expected earnings per share of $0.88 for the quarter. The firm generated revenues of $4.85 billion, a 1 percent decline from $4.89 billion reported during the comparable period last year. The Street had expected the company to report revenues of $4.82 billion.
How Should Investors Trade ARW Now? Find Out Here
Jackpotpennystocks.com has a finger on the pulse of many sectors including renewable energy, oil, pharma, mining, finance, and healthcare. Our in depth research and analysis of NASDAQ, OTCBB, Pink Sheets, and NYSE has yielded considerable gains for our subscribers.
Our to-the-minute reports and alerts coupled with breaking news, analysis, investment strategies, and FREE subscription email services contribute to our role as one of the leading investor relations marketing firms.
The assembled information disseminated by Jackpotpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Jackpotpennystocks.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) - 920-593-5640 (International)