MRV Communications™, Inc. (NASDAQ: MRVC) (“MRV®”), a leading provider of innovative packet and optical solutions, announced that its OptiDriver™ optical transport platform has been named a finalist by the TechAmerica® Foundation for an American Technology Award in the Telecommunications category. MRV Communications, Inc. (NASDAQ:MRVC) net profit margin is -4.00% and weekly performance is 17.55%. On last trading day company shares ended up $14.40. MRV Communications, Inc. (NASDAQ:MRVC) distance from 50-day simple moving average is 11.49%.
EMCORE Corporation (NASDAQ:EMKR) has settled the patent infringement case brought by Nichia Corp. of Japan regarding a semiconductor laser. The companies said that Emcore has agreed to acknowledge the validity of Nichia’s patent and pay for past damages, while Nichia has granted Emcore a nonexclusive, royalty-bearing license for the technology. The amount of damages was not made public. EMCORE Corporation (NASDAQ:EMKR) shares advanced 5.92% in last trading session and ended the day on $4.46. EMKR Gross Margin is 16.80% and its return on assets is 1.60%. EMCORE Corporation (NASDAQ:EMKR) quarterly performance is -10.62%.
On May 22,2014 QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low-power programmable Customer Specific Standard Products (CSSPs), announced that Mr. Andrew Pease, QuickLogic’s President and CEO, and Mr. Ralph Marimon, the company’s Chief Financial Officer, will participate in the Benchmark Company’s One-on-One Investor Conference. Mr. Pease and Mr. Marimon will be available for one-on-one meetings with the investment community on Thursday, May 29 at the Pfister Hotel, 424 E. Wisconsin Avenue, Milwaukee, Wisconsin. Please contact The Benchmark Company at www.benchmarkcompany.com/ to arrange a meeting. QuickLogic Corporation (NASDAQ:QUIK) shares moved up 8.99% in last trading session and was closed at $4.97, while trading in range of $4.63-$4.99. QuickLogic Corporation (NASDAQ:QUIK) year to date performance is 25.82%.
On May 23,2014 Broadband wireless and wireline communications component maker ANADIGICS, Inc. (NASDAQ:ANAD) of Warren, NJ, USA has launched the AWL5910 power amplifier (PA), optimized for WiFi infrastructure and multimedia applications including access points, routers, media gateways, set-top boxes, and smart TVs. ANADIGICS, Inc. (NASDAQ:ANAD) ended the last trading day at $1.35. Company weekly volatility is calculated as 10.25% and price to cash ratio as 8.19. ANADIGICS, Inc. (NASDAQ:ANAD) showed a positive weekly performance of 18.42%.
Evercore Group analyst Michael Lucarelli reiterated an Overweight rating and $15.00 price target on Applied Micro Circuits Corporation (NASDAQ:AMCC). Applied Micro Circuits Corporation (NASDAQ:AMCC) net profit margin is -2.60% and weekly performance is 2.16%. On last trading day company shares ended up $9.44. Analysts mean target price for the company is $13.00. Applied Micro Circuits Corporation (NASDAQ:AMCC) distance from 50-day simple moving average is 0.46%.