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News Recap: EverBank Financial Corp, Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), Velti Plc. (NASDAQ:VELT), Kratos Defense & Security Solutions

 
 
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Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- 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:-

EverBank Financial Corp (NYSE:EVER) closed at $15.58. Recently, the board of directors declared a quarterly dividend of $421.875 per share on its 6.75% Series A Non-Cumulative Perpetual Preferred Stock. This dividend equals $0.421875 per depositary share, each representing 1/1000th interest in a share of the Series A Preferred Stock, which is traded on the NYSE under the symbol “EVER-PrA”.

How Should Investors Trade EVER After The Recent Price movement? Find out Here

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) plunged 36.36% to $7.91 in the pre-market trading hours. The company commented on anticipated first quarter performance and updated its 2013 outlook for the Company. Spectrum Pharmaceuticals anticipates a change in ordering patterns of FUSILEV following the recent stabilization of the folate analog market. The Company now expects that FUSILEV sales will be approximately $10 to $15 million for the first quarter of the year, and approximately $80 to $90 million for the 2013 fiscal year.

Is SPPI a Strong Buying Opportunity After The Recent Slump? Find out Here

Velti Plc. (NASDAQ:VELT) declined 29.58% to $2.19 in the pre-market trading hours. The Company released fourth quarter results. Revenue increased 12% to $97.5 million. Revenue less 3rd party costs was $66.6 million, a decrease of 2% compared with revenue less 3rd party costs from Q4 2011. Adjusted EBITDA was $25.1 million compared with $43.1 million in Q4 2011. GAAP net loss attributable to Velti was $5.2 million and diluted EPS of $(0.08) compared with net income of $25.0 million and EPS of $0.40 for Q4 2011. Adjusted net income was $26.0 million and adjusted diluted EPS of $0.39 compared with adjusted net income of $37.3 million and adjusted diluted EPS of $0.59 for Q4 2011.

How Should Investors Trade VELT After The Recent Price movement? Find out Here

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) closed at $4.48. The Company reported fiscal year 2012 revenues of $969.2 million, an increase of 36% over fiscal year 2011. The Company reported adjusted EBITDA of $115.4 million, Adjusted Cash Flow from Continuing Operations of $57.7 million and Adjusted Free Cash Flow of $41.1 million. Kratos reported revenues of $263.6 million and Adjusted EBITDA of $31.6 million or 12 percent of revenue and Adjusted Free Cash Flow of $14.9 million for the fourth quarter ended December 30, 2012.

Is KTOS a Strong Buying Opportunity After The Recent Slump? Find out Here

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