On May 15, 2014, Latin American wireless operator, NII Holdings Inc (NASDAQ:NIHD), reported dismal first-quarter 2014 financial results, with the bottom line meeting the Zacks Consensus Estimate but the top line falling short of the same. NII Holdings lost around 52,000 subscribers in the reported quarter. Net loss from continuing operations was $376.1 million or $2.19 per share compared with a loss of $207.5 million or $1.21 per share per in the prior-year quarter. However, adjusted loss per share of $2.14 was in line with the Zacks Consensus Estimate. Quarterly total revenue came in at $970.2 million, down 37.2% year over year and also below the Zacks Consensus Estimate of $1,008 million. NII Holdings Inc (NASDAQ:NIHD), net profit margin is -41.20% and weekly performance is -21.43%. On last trading day company shares ended up $0.549. Analysts mean target price for the company is $2.13. NII Holdings Inc (NASDAQ:NIHD), distance from 50-day simple moving average (SMA50) is -43.85%.
On May 15, 2014, Authentidate Holding Corp. (NASDAQ:ADAT), announced financial results for the three-month and nine-month periods ended March 31, 2014. Revenues for the quarter ended March 31, 2014 decreased approximately 13% to $1.2 million compared to $1.4 million for the prior year period. The decrease in revenues for the quarter is due primarily to lower transaction volumes for our hosted software services and, to a lesser extent, lower revenues from sales of our telehealth products. Revenues for the third quarter decreased approximately 16% compared to the second quarter of fiscal 2014 due primarily to lower revenues from our telehealth products and services and, to a lesser extent, lower transaction volumes for our hosted software services. Authentidate Holding Corp. (NASDAQ:ADAT), fell 6.02% in last trading session and ended the day on $0.780. ADAT, Gross Margin is 31.10% and its return on assets is -105.10%. Authentidate Holding Corp. (NASDAQ:ADAT), quarterly performance is -31.58%.
On May 13, 2014, Ikanos Communications, Inc. (NASDAQ:IKAN), announced that Omid Tahernia, Chief Executive Officer, and Dennis Bencala, Chief Financial Officer, will be presenting at the B. Riley & Company 15th Annual Investor Conference on Monday, May 19, 2014 at 10:00 a.m. PT. The conference is being held at the Loews Santa Monica Beach Hotel in Santa Monica, CA. Ikanos Communications, Inc. (NASDAQ:IKAN), shares moved down 2.22% in last trading session and was closed at $0.440, while trading in range of $0.41 – 0.45. Ikanos Communications, Inc. (NASDAQ:IKAN), year to date (YTD) performance is -63.33%.
On May 15, 2014, Paycom Software Inc (NYSE:PAYC), reported first-quarter net income attributable to the company of $1.1 million or $0.02 per share, compared to $2.6 million or $0.05 per share for the year-ago quarter. Paycom Software Inc (NYSE:PAYC), ended the last trading day at $13.24. Company weekly volatility is calculated as 6.10% and price to cash ratio as 51.58. Paycom Software Inc (NYSE:PAYC), showed a negative weekly performance of 6.03%.