Lakeway, NY -- (SBWIRE) -- 02/19/2013 -- 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:-
LogMeIn Inc (NASDAQ:LOGM) shares declined 29.63% and closed at $16.65 in the last trading session. The company on Feb. 14, said its fourth quarter total revenue increased 14% to $37.0 million from $32.3 million reported in the fourth quarter of 2011. GAAP net income for the fourth quarter of 2012 was $2.2 million, or $0.09 per diluted share.
Looking forward, the company expects first quarter revenue to be in the range of $36.0 million to $36.5 million. Non-GAAP net income is expected to be in the range of $2.2 million to $2.6 million, or $0.09 to $0.10 per diluted share. Analysts are expecting the Company to report revenue of $38 million, net income of $4.5 million and EPS of $0.18 for the first quarter of 2013.
Is LOGM a Strong At New highs? Let’s Find out Here
Westinghouse Solar Inc (PINK:WEST) shares fell 26.05% to $0.0880. On February 15, 2013, Westinghouse entered into a securities purchase agreement with certain institutional accredited investors relating to the sale and issuance of up to 1,000 shares of the Company's newly created Series D 8% Convertible Preferred Stock at a price per share equal to the stated value, which is $1,000.00 per share for aggregate proceeds of up to $1,000,000.
Is WEST a Strong Buying Opportunity After The Recent Slump? Find out Here
Amicus Therapeutics, Inc. (NASDAQ:FOLD) shares decreased 25.71% and closed at $2.89 after the company reported new negative results from a clinical trial of an experimental treatment for Fabry disease, a rare genetic disorder. Amicus said the drug, which is called migalastat, did not meet secondary goals in the study. In December, Amicus and its partner GlaxoSmithKline said the drug had not met the main goal in the trial.
Is FOLD a Strong At New highs? Let’s Find out Here
Five Star Quality Care, Inc. (NYSE:FVE) shares dropped 14.44% and closed at $5.39 in yesterday’s session. The company, on Feb. 15, announced its financial results for the quarter and year ended December 31, 2012. Total revenues for the fourth quarter of 2012 increased 14.4% to $359.1 million from $314.0 million for the same period in the previous year. Net income for the fourth quarter of 2012 was $3.5 million, or $0.07 per basic and diluted share, compared to $55.4 million, or $1.16 and $1.10 per share, basic and diluted, respectively, for the same period in the previous year.
Is FVE a Strong Buying Opportunity After The Recent Slump? Find out Here
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