Earnings Recap: Renren Inc, Ruckus Wireless Inc., Service Corporation International, Seattle Genetics, Inc

Lakeway, NY -- (SBWIRE) -- 02/13/2013 -- 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:-

Renren Inc (NYSE:RENN) closed at $3.23. The 52-week range for the stock is $3.0 and $7.87. The Company has Price/Sales ratio of 7.59 and Price/Book ratio of 1.11. The 50-Day Moving Average and 200-Day Moving Average prices is $3.48 and $3.60 respectively. Renren Inc. operates real name social networking Internet platform in the People’s Republic of China. Its platform enables its users to connect and communicate with each other, share information and user-generated content, play online games, listen to music, shop for deals and a range of other features and services.

Is RENN a Strong At New highs? Let’s Find out Here

Ruckus Wireless Inc. (NYSE:RKUS) slipped 5.88% to $24.35 after market trading hours. The Company reported fourth quarter non-GAAP net income of $0.07 per share, which was flat with the previous year. The consensus estimate was for EPS of $0.05. The Company expects first quarter non-GAAP EPS is expected to be between $0.03 and $0.04. The consensus estimate is for EPS of $0.03.

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

Service Corporation International (NYSE:SCI) closed at $15.31.The Company announced fourth quarter results. The diluted earnings per share from continuing operations increased 15.8% to $0.22 in the fourth quarter 2012 due to strong preneed cemetery sales production and by an increase in funeral services performed. The net cash provided by operating activities was $92.1 million compared to $97.2 million in 2011.

Is SCI a Strong At New highs? Let’s Find out Here

Seattle Genetics, Inc. (NASDAQ:SGEN) closed at $29.24. The Company reported fourth quarter net loss of $10.6 million or $0.09 per share compared to $27.2 million or $0.24 per share in the prior year period. The analysts expected the company to report a loss of $0.11 per share for the quarter. Total revenues for the quarter were $63.91 million versus $48.89 million in the year ago quarter, while analysts expected revenues of $57.21 million.

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

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