Boston, MA -- (SBWIRE) -- 09/09/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (Aruba Networks, Inc.(NASDAQ:ARUN), Millennial Media, Inc.(NYSE:MM), Francesca's Holdings Corp(NASDAQ:FRAN), Cousins Properties Inc (NYSE:CUZ)
Aruba Networks, Inc.(NASDAQ:ARUN) shares decreased 2.52% to $16.62. The company on August 22 released financial results for its fourth quarter and fiscal year ended July 31, 2013. Revenue for the fourth quarter was $153.1 million, compared with $139.2 million reported in the year ago period. GAAP net loss was $16.3 million, or $0.14 per share, compared with a GAAP net loss of $3.0 million, or $0.03 per share, in the same quarter last year. Non-GAAP net income stood at $15.1 million, or $0.12 per diluted share, compared to net income of $22.1 million, or $0.18 per diluted share.
Additionally, the company announced that management will present to the investment community at the Deutsche Bank dbAccess Technology Conference held in Las Vegas, Nevada. The presentation is scheduled for 9:30 a.m. PT on Wednesday, September 11, 2013.
How Should Investors Trade ARUN After The Recent Volatility? Get Free Report Here
Millennial Media, Inc.(NYSE:MM) shares decreased 0.75% to $6.59. The company agreed to acquire Jumptap Inc. for about $225 million in stock, scooping up a competitor in the market for mobile-device advertising. Jumptap investors will get about 24.6 million Millennial Media shares, based on their Aug. 9 price.
Additionally, the company on August 12 reported second quarter of 2013, net loss, on a GAAP basis, was $3.1 million, compared to net loss of $2.2 million for the second quarter of 2012. For the second quarter of 2013, on a GAAP basis, basic and diluted net loss per share was $0.04, compared to basic and diluted net loss per share of $0.03 for the second quarter of 2012.
How Should Investors Trade MM After The Recent Volatility? Get Free Report Here
Francesca's Holdings Corp(NASDAQ:FRAN) shares gained 3.23% to $18.36. The company on Sept. 4 said its fiscal second-quarter profit rose 16% amid higher revenue, but results missed expectations. For the quarter ended Aug. 3 Francesca's reported a profit of $14.6 million, or 33 cents a share, versus a year-before profit of $12.7 million, or 28 cents a share. Net sales grew 17% to $89.6 million. In June, Francesca's had forecast earnings of 35 cents to 36 cents a share and revenue of $94.5 million to $95.5 million.
Is FRAN A Good Buy After The Recent Price Movement? Find Out Here
Cousins Properties Inc (NYSE:CUZ) shares gained 1.85% and closed at $9.91. The company on August 14 announced the sale of The Avenue Murfreesboro for $163 million. The project, a 752,000-square-foot open-air retail center in suburban Nashville, Tennessee, was owned through a 50/50 joint venture between Cousins and Faison Enterprises. Cousins' portion of the net proceeds is approximately $36 million. These funds will be used to partially fund its pending $1.1 billion Texas office portfolio acquisition, currently scheduled to close in mid-September.
Is CUZ A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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