Cisco Systems, Inc. (NASDAQ:CSCO), as this leading networking company is not looking at particularly robust growth anytime soon. Making matters worse, investors worry that threats like software-defined networking (SDN) and cloud service platforms will erode the company’s hardware business at an even faster rate. Cisco shares look undervalued if the company can grow its cash flow at all, but investors now seem to regard that as a big “if.” This could be a bit too negative a position, but investors considering Cisco need to have a lot of patience to realize the value that may remain here. Cisco Systems, Inc.(NASDAQ:CSCO) shares after opening at $22.72 moved to $22.90 on last trade day and at the end of the day closed at $22.87. Company price to sales ratio in past twelve months was calculated as 2.46 and price to cash ratio as 2.50. Cisco Systems, Inc.(NASDAQ:CSCO) showed a negative weekly performance of -1.04%.
Extreme Networks (NASDAQ:EXTR) announced its earnings results. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02, AnalystRatingsNetwork.com reports. The company had revenue of $141.80 million for the quarter, compared to the consensus estimate of $145.83 million. During the same quarter last year, the company posted $0.04 earnings per share. Extreme Networks’s revenue was up 107.9% compared to the same quarter last year. Extreme Networks updated its Q4 guidance to $0.02-0.04 EPS. Extreme Networks, Inc (NASDAQ:EXTR) shares fell -25.89 % in last trading session and ended the day on $3.95. EXTR return on equity ratio is recorded as -8.00% and its return on assets is -4.20%. Extreme Networks, Inc (NASDAQ:EXTR) yearly performance is 19.70%.
China TechFaith Wireless Communication Limited (NASDAQ:CNTF), announced it will commence shipments of it ruggedized Android JNote into European markets in the second quarter of 2014. TechFaith’s powerful ruggedized JNote is certified with IP68 and MIL-S810G standards. It was designed on the robust Android operating system operating on QUAD Core CPU and runs on WCDMA/GSM networks, with IP68 and MIL-S810G standards certifications. Its features a 6.0 inch, 1080P high-definition LCD screen with 2nd Generation Gorilla Glass, water resistance up to 1.5 meters and dust resistant, giving users the ability to operate in extreme temperatures. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) shares moved down -5.92% in last trading session and was closed at $1.59, while trading in range of $ 1.52 – 1.70. China Techfaith Wireless Comm. Tech. Ltd (NASDAQ:CNTF) year to date (YTD) performance is-4.79%.
Echelon Corp. (NASDAQ:ELON) is set to post its Q114 quarterly earnings results on Thursday, May 8th. Analysts expect Echelon Corp. to post earnings of ($0.12) per share and revenue of $17.22 million for the quarter. Echelon Corp. has set its Q1 guidance at ($0.13)-(0.08) EPS. Echelon Corporation (NASDAQ:ELON) weekly performance is 1.16%. On last trading day company shares ended up $2.62. Echelon Corporation (NASDAQ:ELON) distance from 50-day simple moving average (SMA50) is -9.51%. Analysts mean target price for the company is $3.63.