Stocks in News: ValueVision Media, Semtech, InvenSense, Angie's List

Lakeway, NY -- (SBWIRE) -- 03/07/2013 -- 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:-

ValueVision Media, Inc. (NASDAQ:VVTV) increased 6.59% to $2.91 after market trading hours. The Company reported fourth quarter pro forma net sales rose 11.7% to $164.8 million. Sales growth was achieved by a significant rebound in the Consumer Electronics category and by solid performances in the Home and Beauty segments. Pro forma adjusted EBITDA improved to a positive $3.9 million in fourth quarter 2012 compared to loss of $2.7 million last year. Pro forma net shipped units rose 11.6% to 1.6 million in fourth quarter reflecting the benefit of continued improvements to the Company's merchandise mix as well as a modest decline in average price points.

Is VVTV a Still a Buy after the Solid momentum? Let’s Find out Here

Semtech Corporation (NASDAQ:SMTC) went up 10.68% to $34.0 after market trading hours. The Company released fourth quarter results. Net revenue for the fourth quarter of fiscal year 2013 rose 44.8% to $150.6 million. Net income for the fourth quarter of fiscal year 2013 was $13.1 million or 19 cents per diluted share. This compares to GAAP net income of $12.4 million or 19 cents per diluted share in the fourth quarter of fiscal year 2012. GAAP gross profit margin for the fourth quarter of fiscal year 2013 was 58.4% compared to 57.4% in the fourth quarter of fiscal year 2012.

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

InvenSense Inc. (NYSE:INVN) moved up 3.29% to $11.60 after market trading hours. The Company announced that it won its motion to stay the patent litigation action brought by ST Microelectronics in the Northern District of California due to progress in separate proceedings with the United States Patent Office challenging the validity of all of ST's asserted patents.

Should INVN Buy INVN After The Recent Movement? Let’s Find out Here

Angie's List Inc. (NASDAQ:ANGI) closed at $18.25. So far this year, the stock is up over 52%. The 52-week range for the stock is $8.94 and $19.82.

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

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