On 5 JUNE Oi SA (ADR) (NYSE:OIBR) announced that it was witnessing a second back-to-back quarter of diminishing revenue, which in turn led to underscoring its plan for cutting costs through merger with SGPS SA, a Portugal Telecom company. Oi SA (ADR) (NYSE:OIBR) weekly performance is 8.65%. On last trading day company shares ended up $0.913. Analysts mean target price for the company is $1.63. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -15.05%.
On 5 JUNE BlackBerry Ltd (NASDAQ:BBRY) said it will be reporting results for the first quarter of fiscal 2015 on June 19th, 2014. A conference call and live webcast will be held beginning at 8 am ET. BlackBerry Ltd (NASDAQ:BBRY) shares fell -0.39% in last trading session and ended the day on $7.66. BBRY Gross Margin is 30.68% and its return on assets is -6.35%. BlackBerry Ltd (NASDAQ:BBRY) quarterly performance is -22.70%.
On 2 JUNE Gogo Inc (NASDAQ:GOGO) announced that it will participate in the William Blair 34th Annual Growth Stock Conference on Tuesday June 10 in Chicago, IL. Norman Smagley, Executive Vice President and Chief Financial Officer, is expected to speak at 10:30 a.m. ET.
Gogo Inc (NASDAQ:GOGO) shares moved up 1.82% in last trading session and was closed at $18.48, while trading in range of $18.06 – $18.59. Gogo Inc (NASDAQ:GOGO) year to date (YTD) performance is -25.54%.
On 27 MAY 8×8, Inc. (NASDAQ:EGHT) reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.01. The company had revenue of $35.80 million for the quarter, compared to the consensus estimate of $35.80 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was up 28.8% on a year-over-year basis. Analysts expect that 8×8 will post $0.14 EPS for the current fiscal year. 8×8, Inc. (NASDAQ:EGHT) ended the last trading day at $6.97. Company weekly volatility is calculated as -7.31% and price to cash ratio as 5.80. 8×8, Inc. (NASDAQ:EGHT) showed a negative weekly performance of -7.31%.
On 5 JUNE Towerstream Corporation (NASDAQ:TWER) announced a small cell services teaming agreement with Alcatel-Lucent enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) net profit margin is -76.40% and weekly performance is -13.92%. On last trading day company shares ended up $1.67. Analysts mean target price for the company is $5.00. Towerstream Corporation (NASDAQ:TWER) distance from 50-day simple moving average (SMA50) is -13.62%.
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