InterDigital, Inc. (NASDAQ:IDCC) a wireless research and development company, announced that it has updated its expectations for total second quarter 2014 revenue to be between $172 million and $210 million. “We expect second quarter recurring revenues to be in the range of $72 million to $80 million, and past sales of $100 million to $130 million,” noted Richard J. Brezski, Chief Financial Officer, InterDigital. “Our current level of recurring revenues provides a foundation to drive strong financial performance and free cash flow for the foreseeable future. Moreover, with roughly half of the market under license, we believe there is ample opportunity to continue to add to our recurring revenue base while adding little variable cost.” InterDigital, Inc. (NASDAQ:IDCC) net profit margin is 14.50% and weekly performance is -0.80%. On last trading day company shares ended up $37.41. Analysts mean target price for the company is $40.19. InterDigital, Inc. (NASDAQ:IDCC) distance from 50-day simple moving average (SMA50) is 8.61%.
Omeros Corporation (NASDAQ:OMER) announced that the U.S. Food and Drug Administration (FDA) has approved Omidria™ (phenylephrine and ketorolac injection) 1%/0.3% for use during cataract surgery or intraocular lens replacement (ILR) to maintain pupil size by preventing intraoperative miosis (pupil constriction) and to reduce postoperative pain. The approval comes with no post-marketing commitments other than the previously agreed study of Omidria for use in pediatric patients, which, if successfully completed, makes the drug eligible for an additional six months of marketing exclusivity in the U.S. Omeros Corporation (NASDAQ:OMER) shares advanced 1.20% in last trading session and ended the day on $11.83. Its return on assets is -170.50%. Omeros Corporation (NASDAQ:OMER) quarterly performance is -8.44%.
RF Micro Devices, Inc. (NASDAQ:RFMD) designs and manufactures high-performance radio frequency (RF) solutions for original equipment manufacturers (OEMs) and original design manufacturers (ODM) in wireless and wired communications applications in the United States and internationally. The company’s products enable worldwide mobility, provide enhanced connectivity, and support advanced functionality in the mobile device, wireless infrastructure, wireless local area network (WLAN or WiFi), cable television (CATV)/broadband, Smart Energy/advanced metering infrastructure (AMI), and aerospace and defense markets. RF Micro Devices, Inc. (NASDAQ:RFMD) shares moved down -0.11% in last trading session and was closed at $9.40, while trading in range of $9.30- $9.53. RF Micro Devices, Inc. (NASDAQ:RFMD) year to date (YTD) performance is 82.17 %.
EDAP TMS SA (ADR) (NASDAQ:EDAP) a global leader in therapeutic ultrasound, announced the closing on June 2, 2014 of a $9.3 million registered direct offering of ordinary shares in the form of American Depositary Shares (“ADSs”), at a price of $3.11 per share, with no warrants. The Company intends to use a portion of the net proceeds to advance preparatory activities in connection with the Ablatherm-HIFU PMA process and the upcoming U.S. Food and Drug Administration (FDA) Gastroenterology and Urology Devices Panel of the Medical Devices Advisory Committee scheduled for July 30, 2014. The Company also intends to utilize the net proceeds to invest significantly in the expansion of its U.S. operations in preparation for the potential approval of its Ablatherm-HIFU. EDAP TMS S.A. (ADR) (NASDAQ:EDAP) ended the last trading day at $3.27. Company weekly volatility is calculated as 3.53% and price to cash ratio as 8.04. EDAP TMS S.A. (ADR) (NASDAQ:EDAP) showed a negative weekly performance of -3.25%.
Limelight Networks, Inc. (NASDAQ:LLNW) was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now over 13% in the past one-month time frame. Limelight Networks, Inc. (NASDAQ:LLNW) net profit margin is -20.60% and weekly performance is 6.91%. On last trading day company shares ended up $2.32. Analysts mean target price for the company is $2.49. Limelight Networks, Inc. (NASDAQ:LLNW) distance from 50-day simple moving average (SMA50) is 8.60%.