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Los Angelas, CA -- (SBWIRE) -- 11/02/2012 -- Active Network Inc. (NYSE:ACTV) is a provider of organization-based cloud computing applications serving a range of customer groups, including business solutions, community activities, outdoors and sports. Active Network Inc. (NYSE:ACTV) shares tumbled 27.34 percent to $6.75 in post-market trading. Its third quarter net loss widened to $6.02 million or $0.10 per share from $1.43 million or $0.03 per share in the same quarter last year. The company also expects the fiscal 2012 revenue to be in a range of $418 to $422 million, below analysts’ estimate of $431.63 million.
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Glu Mobile Inc. (NASDAQ:GLUU) designs, markets and sells mobile games. Glu Mobile Inc. (NASDAQ:GLUU) stock showed negative performance for the week -0.91%, and performance for the month remained -27.88% while the year to date performance of GLUU was +3.82%. Glu Mobile Inc. (NASDAQ: GLUU) declared financial results for its third quarter ended September 30, 2012. Total GAAP revenue was $21.3 million in the Q3 of 2012 as compared against $16.9 million in the Q3 of 2011. Total non-GAAP revenue was $21.2 million in the third quarter of 2012 from $17.8 million in the same quarter of 2011.
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Alcatel Lucent SA (ADR) (NYSE:ALU) is a France based company that proposes solutions used by service providers, businesses, and governments worldwide to offer voice, data, and video services to their own customers. Alcatel Lucent SA (ADR) (NYSE:ALU) stock tumbled 10.81 percent to $0.99 in pre-market trading. The company swung to the third quarter net loss of 146 million Euros ($188 million) compared to the net profit of 194 million Euros in the same period last year. In dollar terms, net loss was $0.08 per share compared to a net profit of $0.10 per share in the same quarter last year. Adjusted net loss was $0.06 per share compared to net income of $0.12 per share last year and also fell short of the Reuters estimate of a loss of $0.01 per share.
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First Solar Inc. (NASDAQ:FSLR) manufactures and sells solar modules with an advanced thin-film semiconductor technology, and it designs, constructs, and sells photovoltaic (PV) solar power systems. First Solar Inc. (NASDAQ:FSLR) reported stronger-than-expected quarterly results as cost cuts and new projects helped offset the impact of weak prices due to a global glut of solar panels. Excluding restructuring charges, it earned $1.27 per share beating analyst forecast of $1.04. Full-year earnings are expected to be between $4.40 a share and $4.70 a share, compared with a prior view of $4.20 to $4.70 per share.
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