Vonage Holdings Corp. (NYSE:VG), a leading communications services provider which connects people across the world through its cloud connected devices, was approved two new patents by the United States Patent and Trademark Office. Vonage Holdings Corp. (NYSE:VG) net profit margin is 2.40% and weekly performance is 2.33%. On last trading day company shares ended up $3.51. Analysts mean target price for the company is $5.87. Vonage Holdings Corp. (NYSE:VG) distance from 50-day simple moving average is -8.46%.
Gogo Inc. (NASDAQ: GOGO), a leading aircraft communications service provider to the global aviation industry, announced today that it will participate in the William Blair 34th Annual Growth Stock Conference on Tuesday June 10 in Chicago, IL. Norman Smagley, Executive Vice President and Chief Financial Officer, is expected to speak at 10:30 a.m. ET.Gogo Inc (NASDAQ:GOGO) shares fell -1.73% in last trading session and ended the day on $18.68. VG Gross Margin is 47.90% and its return on assets is -23.70%. Vonage Holdings Corp. (NYSE:VG) quarterly performance is -21.78%.
On May 30th, Iridium reported first-quarter results, with in-line revenue and EBITDA above consensus. In addition, on May 2, the company successfully amended the covenants for its COFACE credit facility. As part of this amendment, Iridium raised net proceeds of $48.9 million in an equity offering and $121 million from a convertible 6.75% preferred stock offering. Iridium Communications Inc. (NASDAQ:IRDM) shares moved down -2.42% in last trading session and was closed at $8.07, while trading in range of $7.99-$8.26. Iridium Communications Inc. (NASDAQ:IRDM) year to date performance is 29.12%.
8×8, Inc. (NASDAQ:EGHT), a provider of cloud-based unified communications, contact center and collaboration solutions, today announced the establishment of a partnership with Telecom Brokerage, Inc. (TBI), one of the nation’s largest technology services distributors. This new channel partnership enables TBI’s 2000+ agents and VARs to offer 8×8’s industry-leading enterprise cloud communications services to business customers worldwide. 8×8, Inc. (NASDAQ:EGHT) ended the last trading day at $7.05. Company weekly volatility is calculated as 3.27% and price to cash ratio as 5.87. 8×8, Inc. (NASDAQ:EGHT) showed a positive weekly performance of 3.68%.
On May 29,2014 Towerstream Corporation (NASDAQ:TWER), a leading 4G and Small Cell Rooftop Tower company, today announced a small cell services teaming agreement with Alcatel-Lucent (euronext paris:ALU) ALU +0.26% enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) net profit margin is 1.90% and weekly performance is 3.68%. On last trading day company shares ended up $1.77. Analysts mean target price for the company is $11.72. Towerstream Corporation (NASDAQ:TWER) distance from 50-day simple moving average is -22.72%.