Analyst Alerts Archives - Page 35 of 37

ThursdayJan 05, 2017 1:56 pm

NetworkNewsBreaks – Heron Therapeutics, Inc. (NASDAQ: HRTX) – Financials Outweigh Positive HTX-011 Data

Shares of Heron Therapeutics (NASDAQ: HRTX) tumbled from yesterday’s rally after its Q4 Sustol sales results and FY2017 guidance overshadowed separately reported data from phase 2 studies of HTX-011 in patients undergoing bunionectomy (Study 208) and abdominoplasty (Study 203). In a filing, Heron reported Q4 sales of Sustol at $1.1 million and full-year sales of $15 million-$25 million, short of analyst estimates for $2.1 million and $48.8 million, respectively. Regarding the studies: Heron said the results of Study 208 demonstrate statistically significant synergy between the local anesthetic bupivacaine and the anti-inflammatory meloxicam in HTX-011, an extended-release combination product for the…

FridayDec 23, 2016 9:38 am

NetworkNewsBreaks – inTEST Corp.’s (NYSE: INTT) Thermal Division Drives Accelerated Q3 Financial Performance

inTEST (NYSE MKT: INTT) designs, manufactures and markets products that are used primarily by semiconductor manufacturers to test their integrated circuits and wafer products. The company’s solutions stem from two product segments: inTEST EMS products and inTEST thermal solutions. In its recent third-quarter financial report, inTEST attributes its improved performance to strength in the Thermal division, which had revenue growth of nearly 20% over the previous quarter. Third-quarter net revenues were $10.8 million compared to $9.2 million in the comparable quarter of 2015. Third quarter net earnings were $1.1 million, or $0.11 per diluted share, compared with net earnings of $310,000,…

FridayDec 16, 2016 2:11 pm

NetworkNewsBreaks – Chanticleer Holdings, Inc. (NASDAQ: HOTR) Initiates Subscription Period for Rights Offering

Chanticleer Holdings (NASDAQ: HOTR, HOTRW) is trading 11% lower a day after the company commenced the subscription period for its previously announced rights offering of up to one million units priced at $13.50 per unit – for expected gross proceeds of $13.5 million. Each unit consists of one share of redeemable Series 1 Preferred Stock and one Series 1 Warrant to purchase 10 shares of HOTR common stock. The subscription period expires December 29, 2016, at 5 p.m. HOTR says it will use the proceeds to retire certain debt obligations, and to provide funds for store-related growth and for general…

ThursdayDec 15, 2016 1:16 pm

NetworkNewsBreaks – Medical Transcription Billing, Corp. (NASDAQ: MTBC) Shows Promise as the Dark Horse of RCM Market

Medical Transcription Billing, Corp. (NASDAQ: MTBC) (NASDAQ: MTBCP) is one of many progressive firms vying to enter the U.S. ambulatory EHR/RCM (revenue cycle management) market, which is valued at more than $13 billion. “Currently, there are at least 1,500 companies offering RCM services in this highly competitive arena. None commands more than 10 percent of market share. The largest, athenahealth (NASDAQ: ATHN), has about 7% of the market. With annual revenues that are likely to exceed $1.0 billion this year, the market value of its equity is close to 4x revenues. Its stock currently trades at around $93.00. This makes…

TuesdayDec 13, 2016 2:42 pm

NetworkNewsBreaks – Cemtrex, Inc. (CETX) Schedules Upcoming Subscription Rights Offering; Shares Higher

Cemtrex (NASDAQ: CETX) this morning said its board of directors has approved a non-transferable subscription rights offering with proceeds allocated toward new product development and to supplement its acquisition growth plan. The offering will allow Cemtrex’s stockholders of record (as of 4 p.m. ET Dec. 20) to purchase units, each consisting of one share of series 1 preferred stock, paying cumulative dividends at the rate of 10% of the purchase price per year, and two five-year series 1 warrants, upon the exercise of subscription rights at $10 per unit. Cemtrex intends to offer up to 1.5 million units, giving stockholders the opportunity…

TuesdayDec 13, 2016 1:59 pm

NetworkNewsBreaks – Rennova Health (RNVA) Prices $17M Offering

According to a recent SEC filing, Rennova Health (NASDAQ: RNVA) is offering 17,000 shares of its newly designated Series H Convertible Preferred Stock, with a stated value of $1,000 per share, for a total offering size of $17 million. Rennova said it plans to use approximately $9.4 million of the net proceeds from this offering to redeem the outstanding shares of the company’s Series G Preferred Stock. To see the full preliminary prospectus visit: http://nnw.fm/UqZl5 About Rennova Health, Inc. Rennova Health, Inc. (NASDAQ: RNVA) provides industry-leading diagnostics and supportive software solutions to healthcare providers, delivering an efficient, effective patient experience…

TuesdayDec 06, 2016 2:55 pm

NetworkNewsBreaks – National Waste Management Holdings, Inc. (NWMH) Executes Market Expansion, Sales Growth via Strategic Acquisition

National Waste has defined an aggressive, clearly defined growth strategy that continues to generate double- to triple-digit revenue growth and demonstrate the company’s ability to identify and close acquisitions that supplement its broader initiatives. “In its latest quarterly report (10-Q), National Waste Management Holdings (OTC: NWMH), a solid waste management company headquartered in central Florida, demonstrated impressive growth. The company is currently running at full speed to achieve its stated objective of becoming a leading national solid waste company through organic growth and acquisitions. Revenues for the third quarter ended September 2016 were stellar at $1.8 million, rising by 269…

TuesdayNov 29, 2016 1:02 pm

NetworkNewsBreaks – Net Element, Inc. (NETE) Positioned for its Share in Multi-Trillion Dollar Market

With an innovative portfolio of mobile payments and value-added transactional services, Net Element (NASDAQ: NETE) is squared off to capture its share of the $1.2 trillion global e-commerce market, as well as of the multi-billion dollar point-of-sale terminals market. “Those are awfully large pies for the taking, and global technology-driven company Net Element … is laying the table with a smorgasbord of products for retailers and consumers alike. Net Element’s transactional services business has been doing particularly well. A report from Zack’s Small-Cap Research (http://nnw.fm/iQK00) detailed that revenues from the company’s ‘US card processing services, grew a healthy 42.9% from…

MondayNov 28, 2016 1:01 pm

NetworkNewsBreaks – Moxian, Inc. (MOXC) Plans for Continued Growth in 2016

The future brightens for Moxian (NASDAQ: MOXC) as the China-based provider of social media marketing and promotion platforms takes steps toward reaching its goal to expand the company in 2016. “Driving more sales and expanding to Beijing are not the only highlights from 2016. Recently, MOXC uplisted to the Nasdaq Capital Market. The release of this news was accompanied by that of Moxian completing a best efforts public offering of over 2.5 million shares of its common stock at a public offering price of $4 per share. This uplisting will play a key role in widening MOXC’s visibility within the…

TuesdayNov 22, 2016 1:46 pm

NetworkNewsBreaks – Analyst: Net Element, Inc. (NETE) Could See Revenues of $55M for 2016

Net Element’s (NASDAQ: NETE) third-quarter results were recently the focus of a Zacks Small-Cap Research report (http://nnw.fm/O4nDy) by analyst Lisa Thompson. “With all of these factors in mind, Zacks forecast that Net Element could grow to $55 million in revenues in 2016 through a combination of internal growth, strategic acquisitions and change in revenue recognition." The research report goes on to claim that the company’s PPS "could rise to $7.30 next year using 2016 estimated gross margin of $10.6 million and a share count of 17 million shares.” To view the full article visit http://nnw.fm/IC9dP About Net Element Net Element,…

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