Axcelis Technologies, Inc. (NASDAQ:ACLS) announced financial results for the first quarter ended March 31, 2014. Highlights for the quarter were: Net income of $0.2 million or $0.00 per share compared to net income of $0.6 million or $0.01 per share in the fourth quarter of 2013. System sales of $32.5 million, a 27% increase over the fourth quarter of 2013, reflecting market acceptance of the Purion™ platform. Closed an order for the Company’s innovative Purion M™ medium current implanter with a second leading chipmaker in Asia after a highly successful evaluation process in which the product exceeded goals in numerous performance categories. Axcelis Technologies Inc (NASDAQ:ACLS) shares after opening at $1.76 moved to $1.76 on last trade day and at the end of the day closed at $ 1.61 . Company price to sales ratio in past twelve months was calculated as 0.91 and price to cash ratio as 3.86. Axcelis Technologies Inc (NASDAQ:ACLS) showed a negative weekly performance of -10.06%.
ANADIGICS, Inc. (NASDAQ:ANAD) a world leader in radio frequency (RF) solutions, today announced that the Company’s ProEficient(TM) and ProVantage(TM) power amplifiers (PAs) have been selected by multiple Chinese OEMs to enable wireless connectivity in new smartphone designs. ProEficient solutions deliver the industry’s highest levels of performance with exceptional efficiency across all power levels. ProVantage power amplifiers offer an outstanding blend of performance, integration and lower overall system cost. ANADIGICS, Inc. (NASDAQ:ANAD) shares fell -7.21% in last trading session and ended the day on $1.03. ANAD return on equity ratio is recorded as -56.90% and its return on assets is -45.30%. ANADIGICS, Inc. (NASDAQ:ANAD) yearly performance is -50.24%.
Shares of Endeavour International Corporation (NYSE:END) are falling -22.71% to $2.62 on Wednesday after reporting a net loss of $27.3 million for the 2014 first quarter, compared to a net loss of $12.1 million from the year ago quarter. Endeavour International Corporation (NYSE:END) shares moved down -25.66% in last trading session and was closed at $2.52 while trading in range of $2.51 -$3.12 – Endeavour International Corporation (NYSE:END) year to date (YTD) performance is -52.00%.
Tower Group International Ltd (NASDAQ:TWGP) was downgraded by equities researchers at Keefe, Bruyette & Woods from a “market perform” rating to an “underperform” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports. They currently have a $1.50 target price on the stock, down from their previous target price of $3.00. Tower Group International, Ltd. (NASDAQ:TWGP) weekly performance is -30.89%. On last trading day company shares ended up $1.70. Tower Group International, Ltd. (NASDAQ:TWGP) distance from 50-day simple moving average (SMA50) is -35.96%. Analysts mean target price for the company is $3.00.