Blog - Page 4345 of 5519

ThursdayAug 21, 2008 6:04 pm

Shares of Novatel Wireless, Inc. (NVTL) Plunge to Multi-Year Low on Preliminary Second Quarter Results

Novatel Wireless, Inc. (NASDAQ: NVTL), a leader in the design and development of innovative wireless broadband access solutions, recently announced its preliminary second quarter financial results. Shares dropped to a multi-year low earlier this week when the company announced estimated second quarter revenue of approximately $89.8 million, compared to $97.4 million recorded during the second quarter of last year. Non-GAAP net income is expected to total $1.0 million, or $0.03 per diluted share, compared to non-GAAP net income of $9.8 million, or $0.31 per diluted share, for the prior year period. Peter V. Leparulo, chairman and chief executive officer of…

ThursdayAug 21, 2008 6:03 pm

Blue Coat Systems, Inc. (BCSI) Reports Q1 Results within Consensus

Blue Coat Systems, Inc. (BCSI), a provider of WAN-optimization applications, reported first quarter results this afternoon after the bell. Revenues rose to $102.5 million, a 64% increase compared to $62.4 million for the same period in the prior year. Excluding three weeks of revenue from the Packeteer acquisition finalized on June 6, 2008, revenues were $86.4 million, an organic growth rate of 38%. Excluding several one-time items and compensation expense, non-GAAP net income was $6.8 million, or 16 cents per share. On a GAAP basis, the company reported a net loss of $5.8 million, or 15 cents per share. Analysts…

ThursdayAug 21, 2008 6:02 pm

Hybrid Technologies Inc. (HYBR.OB) Displays an Impressive Product Line with Prices Starting at Just $17,500

Hybrid Technologies is a leader in the field of lithium battery-powered products and a contender in the upcoming X-Prize battle for electric vehicles. Scientific publications and television shows have documented the company’s research and development of their emission-free electric vehicles. Now available on their website, www.hybridtechnologies.com, is a full lineup of models and pricing on many of their most popular vehicles. Liv FLASH is the name given to the company’s electric version of the Mini-Cooper. The car provides great handling and does not have the diminished power that people often expect from an electric vehicle; it can go from 0-60mph…

ThursdayAug 21, 2008 5:53 pm

Capital City Energy Group Inc. (CETG.OB) is Driving Growth Through Intelligent Acquisitions

Capital City Energy Group Incorporated is an American oil and natural gas company that employs a vertical integration strategy to become a leader in the industry. One of the ways they continue to thrive in the market place is through strategic acquisitions of complimentary and competing businesses. The Strategic Acquisitions division of the company is dedicated to finding complementary businesses that would ensure a financial advantage to Capital City if they were acquired and incorporated into the company’s highly successful business model. Acquisitions may be in the form of a merger, joint venture or outright purchase of a company and…

ThursdayAug 21, 2008 5:51 pm

Superlattice Power, Inc. (SLAT.OB) Records Impressive High-of-day

For the third consecutive day, Superlattice Power, Inc. stock has recorded increases in value. Now trading at around $2.05, the price printed as high as $2.28 this afternoon. Even at current levels, Superlattice is registering a gain of more than seventeen percent on higher than average volume. Let us hear your thoughts: Superlattice Power, Inc Message Board

ThursdayAug 21, 2008 3:21 pm

UTStarcom, Inc. (UTSI) Delivers Internet TV with Text MSG Capabilities

In a partnership with Zi Corporation, UTStarcom has begun shipping Internet Protocol television “set-top-boxes” in China, featuring eZiText, a predictive text-input solution. The Alameda, Calif. company (NASDAQ: UTSI) signed a licensing agreement with Zi Corporation in November of 2007, and both companies plan to work together on other products and services. “We have chosen Zi Corporation again because of the quality of its text-entry solutions and superior technical support, especially in Asia,” said BaiJun Zhao, UTStarcom senior vice president. “We are very focused on developing our strategic base of IP solutions and Zi provides us with the text input capabilities…

ThursdayAug 21, 2008 3:20 pm

Offender Tracking System Sales Increase For RemoteMDx, Inc. (RMDX.OB)

Recently released 2nd quarter results show a 36% increase in total revenues from the prior quarter in 2008 for RemoteMDx (OTCBB: RMDX). The company had total revenues of $3.61 million compared to $2.66 million in the quarter ending March 31. These sales helped push gross profits to $100,108, though the company had a $17.5 million net loss for the quarter, of which $12 million was non-cash expenditures (options, stock issuances, warrants). Another $800,000 was put aside, in the quarter, for further research and development. "RemoteMDx attributes these increases to the continued market acceptance of its SecureAlert monitoring solutions,” said RemoteMDx…

ThursdayAug 21, 2008 3:19 pm

Composite Technology Corp. (CPTC.OB) Inks $6M Contract to Provide Wind Power for Willmar, Minnesota

Composite Technology Corp. (OTCBB: CPTC) focuses its energy on renewable power generation wind turbines through its DeWind subsidiary. The company today announced DeWind secured a $6 million sales agreement with Willmar Municipal Utilities (WMU) in Willmar, Minn. WMU will receive the two D8.2 2-megawatt wind turbines, which it purchased following a long evaluation process and a slew of city approvals, in May 2009. With wind turbine use on the rise, Minnesota is getting in on the action. According to the American Wind Energy Association (AWEA), Minnesota falls only second to Texas and California in regards to the amount of installed…

ThursdayAug 21, 2008 3:17 pm

4C Controls Inc. (FOUR.OB) Appoints Highly Seasoned Vice President for Middle East Military and Defense Security

4C Controls Inc. (OTCBB: FOUR) provides high-technology integrated security solutions, featuring real-time early warning signs of threats targeting termination in the field. The company focuses on the latest and advanced technologies and distribution networks, including satellites and satellite images for intrusion detection for use in biometric, radio frequency identification, real-time locating systems and closed-circuit television. The company today announced the appointment of Major General Khalid Abdulla Mabarak Al Buainain, commander & chief of UAE Air Force and Air Defense (Ret.), as vice president for Middle East Military and Defense Security. Major General Khalid’s 32-year military career includes the management and…

ThursdayAug 21, 2008 1:51 pm

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Coming Off of a Bottom

Brite-Stike shares traded as low as $0.16 today, just before rebounding up into the mid $0.20s. A mid-afternoon spike pushed a series of trades through at $0.27, and as of 2:30PM, the price has settled at 0.23. Volume for the day seems normal, and maintaining the current price would equal a fifteen percent gain over yesterday's close. Let us hear your thoughts: Brite Strike Tactical Illumination Products, Inc. Message Board

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