Technical Communications Corporation (NASDAQ:TCCO) announced its results for the three and six months ended March 29, 2014. For the second quarter of the Company’s 2014 fiscal year, the Company reported a net loss of ($1,467,000), or ($0.80) per share, on revenue of $1,293,000, compared to a net loss of ($328,000), or ($0.18) per share, on revenue of $546,000 for the quarter ended March 30, 2013. For the six months ended March 29, 2014, the Company reported a net loss of ($1,282,000), or ($0.70) per share, on revenue of $3,802,000, compared to a net loss of ($638,000), or ($0.35) per share, on revenue of $2,142,000 for the six months ended March 30, 2013.Technical Communications Corporation (NASDAQ:TCCO) net profit margin is -2.80% and weekly performance is -25.93%. On last trading day company shares ended up $4.40. Technical Communications Corporation (NASDAQ:TCCO) distance from 50-day simple moving average (SMA50) is -30.21%.
I.D. Systems, Inc. (NASDAQ:IDSY) a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. The order is for initial deployment of I.D. Systems’ PowerBox(TM) wireless vehicle management system (VMS) on a fleet of lift trucks in a manufacturing plant of one of the world’s leading appliance manufacturers, a new end user of I.D. Systems’ solutions. I.D. Systems, Inc. (NASDAQ:IDSY) shares fell -3.82% in last trading session and ended the day on $4.03. Gross Margin is 44.90% and its return on assets is -13.00%. I.D. Systems, Inc. (NASDAQ:IDSY) quarterly performance is -35.62%.
On May 13, RELM Wireless Corporation (NYSEMKT:RWC) announced its financial and operating results for the first quarter ended March 31, 2014. For the first quarter ended March 31, 2014, sales increased approximately 10.6% to $7.8 million, compared with approximately $7.1 million for the first quarter last year. Pretax income increased approximately 25.5% to $601,000, compared with approximately $479,000 for the first quarter last year. The Company recognized income tax expense of approximately $126,000 for the first quarter 2014, compared with approximately $74,000 for the same quarter last year. RELM Wireless Corporation (NYSEMKT:RWC) shares moved up 4.77% in last trading session and was closed at $3.52 , while trading in range of $3.34 – $3.54. RELM Wireless Corporation (NYSEMKT:RWC) year to date (YTD) performance is 4.45%.
Infinera Corp (NASDAQ:INFN), provider ofIntelligent Transport Networks™, and DANTE (Delivery of Advanced Network Technology to Europe) announced they have won the Global Telecommunications Business Innovation Awards in the Wholesale Service Innovation category. The award recognizes the achievement of a Guinness World Record for the fastest provisioning of long haul multi-Terabit transmission capacity on a live network. Infinera Corp. (NASDAQ:INFN) ended the last trading day at $9.38. Company weekly volatility is calculated as 5.60% and price to cash ratio as 3.68. Infinera Corp. (NASDAQ:INFN) showed a positive weekly performance of 7.94%.