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New York, NY -- (SBWIRE) -- 11/02/2012 -- Alaska Communications Systems Group Inc (NASDAQ:ALSK) declined 13.42% in after hours trading to $2.31.The Company posted third quarter revenue of $96.8 million, an increase of 7.2%.Business and Wholesale revenue increased by 4.6% led by growth in wholesale revenue. Access and CETC revenue decreased $0.4 million or 2%. Consumer broadband revenues increased $0.3 million, or 8.1%. Adjusted EBITDA increased 11.6% to $36.6 million.Costs of service and sales increased $1.8 million. Selling, general and administrative expenses increased by $1.3 million primarily driven by increases in labor expenses in sales and service organization and administrative costs associated with the AWN transaction.
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Yelp Inc. (NYSE:YELP), a website that lets users review businesses ranging from lounges to locksmiths, fell the most in five months after the company forecast revenue that missed estimates amid slumping ad sales to national retailers.Fourth-quarter revenue will be $40 million to $40.5 million, San Francisco-based Yelp said yesterday in a statement. That’s less than the analysts’s average estimate of $40.8 million, according to data compiled by Bloomberg.Yelp’s fourth quarter revenue forecast came in slightly below analysts’ average estimate of $40.8 million, Yelp’s shares rose slightly in after-hours trading to $24.45 a share. Compared to many of the other consumer web companies that went public in the last year like Zynga, Groupon and Facebook, Yelp has held steady at a market capitalization of around $1.5 billion since its IPO earlier this year.
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Digital River (NASDAQ:DRIV) issued its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.15 by $0.05. The company’s quarterly revenue was down 3.9% on a year-over-year basis. Digital River updated its Q4 guidance to $0.25-0.31 EPS and its FY12 guidance to $0.96-1.01 EPS.Digital River (DRIV) traded up 2.72% on Thursday, hitting $14.73. Digital River (DRIV) has a 1-year low of $12.87 and a 1-year high of $19.10. The company has a market cap of $492.7 million and a price-to-earnings ratio of 33.82.Digital River, Inc. (Digital River) provides end-to-end global cloud-commerce and marketing solutions to a range of companies in software, consumer electronics, computer games, video games and other markets.
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Stratasys (NASDAQ:SSYS), a maker of rapid prototyping machines, plunged 6% in heavy volume after its third-quarter earnings report disappointed investors.The stock is back below a 65.42 buy point from a low handle that it cleared Oct. 25.Stratasys has a best-possible 99 Composite Rating, tops in the highly ranked Machinery-Material Handling/Automation industry group.Stratasys (NASDAQ: SSYS) announced its earnings results on Friday. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.03. The company had revenue of $49.70 million for the quarter, compared to the consensus estimate of $48.88 million. Stratasys’s revenue was up 24.5% compared to the same quarter last year.
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