Lakeway, TX -- (SBWIRE) -- 02/08/2013 -- Bestdamnpennystocks, 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:-
Exide Technologies (NASDAQ:XIDE) yesterday announced its fiscal 2013 third quarter and year to date financial results for the periods ended December 31, 2012. Fiscal 2013 third quarter consolidated net sales were $804.9 million as compared to net sales of $784.1 million in the fiscal 2012 third quarter. Net loss for the fiscal 2013 third quarter was $15.4 million or $0.20 per share as compared to the prior year period net income of $68.2 million or $0.84 per share.
How Should Investors Trade XIDE After The Latest Earnings Report? Find Out Here
Limelight Networks, Inc. (NASDAQ:LLNW), on Feb. 5, announced that Jason Thibeault, the company's Senior Director of Marketing Strategy, will be joining industry thought leaders from NeuLion, NewTek, Sony and LiveU in a webinar to discuss methods of monetizing digital content. The webinar, hosted by NeuLion, will explore when marketers should employ pay per view, subscription and advertising models to maximize digital revenue.
Is LLNW a Buy After The Solid Earnings? Get Free Trend Analysis Here
Linkedin Corporation (NYSE:LNKD) shares climbed 11.71% to $138.62 in pre-market hour after the company yesterday reported its financial results for the fourth quarter and full year ended December 31, 2012. Revenue for the fourth quarter was $303.6 million, an increase of 81%, as compared to $167.7 million in the fourth quarter of 2011. Net income for the fourth quarter was $11.5 million, compared to net income of $6.9 million for the fourth quarter of 2011. Non-GAAP net income for the fourth quarter was $40.2 million, compared to $13.3 million for the fourth quarter of 2011.
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Molina Healthcare, Inc. (NYSE:MOH) reported fourth quarter net income of $25.6 million or $0.54 per share, compared to a net loss of $33.0 million or $0.72 per share for the year-ago quarter. Total revenue for the fourth quarter rose to $1.58 billion from $1.31 billion a year ago. Analysts expected the company to earn $0.22 per share on revenue of $1.58 billion for the fourth quarter.
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Microchip Technology Inc. (NASDAQ:MCHP) shares climbed 6.95% to $36.30 in the pre-market hour after the company yesterday reported third-quarter net income of $10.2 million, or 5 cents per share, from $77.5 million, or 38 cents per share, a year earlier. Adjusted earnings were 41 cents per share. Analysts on average had expected earnings of 37 cents per share. Revenue rose 26 percent to $416 million, above the average analyst expectation of $411.4 million.
Looking forward, the company announced that for fourth quarter of 2013, it expects total net sales to be up between 1%-4% sequentially. The Company reported revenue of $416 million in third quarter of 2013. Analysts on an average were expecting the Company to report revenue of $418 million for fourth quarter of 2013.
How Should Investors Trade MCHP After The Latest Earnings Report? Find Out Here
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