Analyst Alerts Archives - Page 36 of 37

FridayNov 18, 2016 11:18 am

NetworkNewsBreaks – cogint, Inc.’s (COGT) Rebranding Initiatives Increase Market Traction

As part of its recent rebranding, Florida-based cogint (NASDAQ: COGT) in September moved its shares from the NYSE to the NASDAQ Global Market. Commenting on the company’s Q3 2016 financial results, CEO Derek Dubner discussed how the rebranding supports overall growth. “We are experiencing two very important dynamics worthy of mention. First, as I mentioned, we are seeing not only adoption by new customers but increased search volume from existing customers. We saw a greater than 400% compound annual growth rate in idiCORE online transactions for the third quarter 2016. … Second … Customers are executing long-term contracts with us.…

WednesdayNov 16, 2016 12:46 pm

Cemtrex, Inc. (CETX) Ranked as No. 213 Fastest Growing Company in North America

Cemtrex (NASDAQ: CETX) is trading 4% higher in morning trade after announcing that it has ranked No. 213 on Deloitte’s Technology Fast 500™. The industrial and manufacturing solutions company obtained its ranking based on revenue growth of 368% from 2012 to 2015. “We are proud of receiving this award now three times in the last 5 years and of our growth of over 350% during that time frame. Our goal is to continue to be a ‘Fast 500’ company for many years to come and we are confident that we can continue to grow at rapid pace,” Cemtrex’s chairman and…

WednesdayNov 02, 2016 10:47 am

MicroVision, Inc. (MVIS) Posts Q3, Nine-Month Revenue Growth, Reaffirms FY Sales; Shares Surge

MicroVision (NASDAQ: MVIS) is up 10% in morning trade after the company posted third-quarter revenue of $4.0 million and a 61% increase in nine-month revenue to $11.9 million. Net loss for the third quarter of 2016 was $4.1 million, or $0.08 per share, compared to $3.5 million, or $0.07 per share, for the same quarter a year ago. MicroVision reaffirmed its revenue guidance for full-year 2016, with expectations at the high end of $14.5 million and $15 million. The innovator of ultra-miniature projection display and sensing technology also announced its plans to roll-out three new scanning engine products starting in…

ThursdayOct 27, 2016 1:58 pm

Provision Holding, Inc. (PVHO) Posts Higher Revs, Widened Loss for FY2016, Shares Up

Provision Holding (OTCQB: PVHO) is trading higher in mid-day trade after the 3D holographic display technologies provider posted full-year revenues of $5.0 million compared to $575,000 for the prior year ended June 30, 2016. The company attributes the increase to sales and installations of its 3D Savings Center kiosks in retail stores. Installation expenses widened the company’s net loss to $6.2 million, compared to a net loss of $0.8 million for the same period last year. Gross profit for the period was $526,000, nearly double gross profit of $265,000 in the previous year. To view the full press release, visit: http://nnw.fm/HWc1P…

WednesdayOct 26, 2016 1:49 pm

Cemtrex, Inc. (CETX) Preliminary FY2016 Results Drive Shares Higher

Shares of Cemtrex (NASDAQ: CETX) are 10% higher in mid-day trade after the industrial and manufacturing solutions company announced preliminary financial results for the fiscal year ended September 30, 2016. Cemtrex said it expects revenues in the range of $93 million to $95 million compared to revenues of $56 million in fiscal 2015; net income in the range of $4.8 million to $5.0 million compared to net income of $2.8 million in fiscal 2015; and EBITDA in the range of $6.6 million to $7.0 million compared to $3.9 million a year ago. EPS is expected to increase to $0.52 per…

WednesdayOct 26, 2016 1:48 pm

Tonix Pharmaceuticals Holding Corp. (TNXP) Prices $5.2M Public Offering, Shares Sharply Lower

Shares of Tonix Pharmaceuticals (NASDAQ: TNXP) are down 21% in mid-day trade. The company this morning announced the pricing of an underwritten public offering of common stock and warrants at an offering price of $0.55 per unit. The company said it plans to use the gross proceeds of approximately $5.2 million to support the continued development of TNX-102 SL for the treatment of posttraumatic stress disorder (PTSD), including completion of the first interim analysis in the phase 3 study in military-related PTSD, to further develop other pipeline programs, for working capital and other general corporate purposes. To view the press…

WednesdayOct 26, 2016 1:47 pm

Ritter Pharmaceuticals, Inc. (RTTR) Shares Higher on $5M Public Offering

Ritter Pharmaceuticals (NASDAQ: RTTR) is trading more than 10% higher mid-day after the company this morning priced an underwritten public offering of 2,127,660 shares of its common stock at a price to the public of $2.35 for gross proceeds of approximately $5 million. The offering is expected to close on October 31, 2016, subject to customary closing conditions. To view the press release, visit: http://nnw.fm/tyL4U About Ritter Pharmaceuticals, Inc. Ritter Pharmaceuticals, Inc. develops novel therapeutic products that modulate the human gut microbiome to treat gastrointestinal diseases. The Company is advancing human gut health research by exploring the metabolic capacity of…

ThursdayOct 20, 2016 12:23 pm

Organovo Holdings, Inc. (ONVO) Prices $25M Public Offering

Organovo Holdings (NASDAQ: ONVO), a 3D bioprinting technology company, this morning announced the sale of 9 million shares of its common stock in an underwritten public offering at a price to the public of $2.75 per share for gross proceeds of approximately $25.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses and excluding any proceeds from the exercise of the underwriters’ option. The offering is expected to close on or about October 25, 2016. To view the press release, visit: http://nnw.fm/swQT2 About Organovo Holdings, Inc. Organovo designs and creates functional, three-dimensional human tissues for use in medical research and therapeutic…

FridayOct 14, 2016 12:22 pm

Ocean Power Technologies, Inc. (OPTT) Prices Common Stock Offering of 2.4M Shares

Ocean Power Technologies (NASDAQ: OPTT) has priced an underwritten public offering of 2.4 million shares of its common stock at a price to the public of $2.75 per share. The offering is expected close on or about October 19, 2016. OPTT said it plans to use the proceeds for general corporate purposes, “which may include additional development, testing and demonstrations of its PowerBuoy system with the goal of furthering and accelerating its commercialization efforts and expanding its sales and marketing functions.” Shares are down 23% in late morning trade. To view the full press release, visit: http://nnw.fm/08Rxj About Ocean Power…

TuesdayOct 11, 2016 11:22 am

Staffing 360 Solutions, Inc. (STAF) Shares Up 12% on Increased Revs, Trimmed Loss in Fiscal Q1 2017

Shares of Staffing 360 Solutions, Inc. (NASDAQ: STAF) are more than 12% higher in Tuesday’s morning trade after the company posted higher revenues and a narrowed loss for the fiscal first quarter ended August 31, 2016. Revenue increased 33.1% to $47.8 million, compared to $35.9 million in the fiscal quarter ended August 31, 2015. Net loss decreased 22.2% to $1.3 million, compared to a net loss of $1.7 million in the fiscal quarter ended August 31, 2015. Gross profit increased 34.3% to $8.5 million, compared to $6.3 million in the fiscal quarter ended August 31, 2015. Adjusted EBITDA increased 184%…

Financial news and publishing for public and private companies

Contact us: 212.418.1217

Breaks Categories: Analyst Alerts