On 13 MAY Commscope Holding Company Inc (NASDAQ:COMM) reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.08. The company had revenue of $953.00 million for the quarter, compared to the consensus estimate of $804.70 million. The company’s quarterly revenue was up 18.4% on a year-over-year basis. On average, analysts predict that Commscope Holding Company will post $1.99 earnings per share for the current fiscal year. Commscope Holding Company Inc (NASDAQ:COMM) net profit margin is 2.30% and weekly performance is -5.82%. On last trading day company shares ended up $24.90. Analysts mean target price for the company is $30.46. Commscope Holding Company Inc (NASDAQ:COMM) distance from 50-day simple moving average (SMA50) is -0.99%.
On 9 MAY Mavenir Systems Inc (NYSE:MVNR) reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.26. The company had revenue of $28.73 million for the quarter, compared to the consensus estimate of $26.90 million. The company’s revenue for the quarter was up 28.0% on a year-over-year basis. Analysts expect that Mavenir Systems will post $-0.35 EPS for the current fiscal year. Mavenir Systems Inc (NYSE:MVNR) shares fell -8.04% in last trading session and ended the day on $12.24. MVNR Gross Margin is 53.60% and its return on assets is -17.20%. Mavenir Systems Inc (NYSE:MVNR) quarterly performance is -22.09%.
On 28 MAY Turtle Beach Corp (NASDAQ:HEAR) announced the addition of IAVI as a distributor for its HyperSound® directional audio speakers. IAVI’s customers will obtain access to HyperSound’s highly directional audio speakers through its network of Pro-AV resellers in North and South America. Turtle Beach Corp (NASDAQ:HEAR) shares moved down -7.88% in last trading session and were closed at $9.47, while trading in range of $9.24 – $10.30. Turtle Beach Corp (NASDAQ:HEAR) year to date (YTD) performance is -31.62%.
On 15 MAY RELM Wireless Corporation (NYSEMKT: RWC) said it has announced its financial and operating results for the first quarter ended March 31, 2014. Sales increased approximately 10.6 percent to USD7.8m, compared with approximately USD7.1m for the first quarter last year. Pretax income increased approximately 25.5 percent to USD601, 000, compared with approximately USD479,000 for the first quarter last year. RELM Wireless Corporation (NYSEMKT: RWC) ended the last trading day at $3.76. Company weekly volatility is calculated as 9.39% and price to cash ratio as 6.50. RELM Wireless Corporation (NYSEMKT: RWC) showed a positive weekly performance of 8.05%.