On May 14, Koss Corporation (NASDAQ:KOSS), the U.S. based high-fidelity headphone company, has reported its third quarter results for the quarter ended March 31, 2014. Sales for the third quarter were $4,300,373 compared to $8,302,113 for the same three month period one year ago, a 48.2% decrease. The three month net loss was $25,121, compared to net income of $115,441 for the third quarter last year. Diluted loss per common share for the quarter was $0.00 compared with diluted income per common share of $0.02 for the same three month period one year ago. Koss Corporation (NASDAQ:KOSS) net profit margin is 4.10% and weekly performance is 1.23%. On last trading day company shares ended up $4.10. Koss Corporation (NASDAQ:KOSS) distance from 50-day simple moving average (SMA50) is -10.46%.
On May 16, 2014, Mr. David She provided American Lorain Corporation (NYSEMKT:ALN) with his notice of resignation pursuant to which Mr. She resigned as the Chief Financial Officer of the Company, effective as of May 16, 2014. Mr. She indicated that he resigned for personal reasons. American Lorain Corporation (NYSEMKT:ALN) shares advanced 8.41% in last trading session and ended the day on $1.16 . Gross Margin is 21.00% and its return on assets is 6.70%. American Lorain Corporation (NYSEMKT:ALN) quarterly performance is -0.85%.
On May 13, It will not be business as usual for Sypris Solutions, Inc. (NASDAQ:SYPR) in the near-term. The company anticipates near-term revenue challenges as many of its customers reduce their spending over uncertainties. The revenue warning comes hot on the heels of a quarterly financial report that showed improvement in the company’s top-line and bottom-line. Sypris Solutions, Inc. (NASDAQ:SYPR) shares moved up 9.24% in last trading session and was closed at $4.61, while trading in range of $4.20 – $4.75. Sypris Solutions, Inc. (NASDAQ:SYPR) year to date (YTD) performance is 51.64%.
Quantum Fuel Systems Technologies Worldwide Inc (NASDAQ:QTWW) has received the notice of allowance from the US Patent and Trademark Office for a new patent on lightweight composite shells of compressed natural gas (CNG) and hydrogen storage tanks. Quantum Fuel Systems Tech Worldwide Inc (NASDAQ:QTWW) ended the last trading day at $4.37. Company weekly volatility is calculated as 6.64% and price to cash ratio as 6.14. Quantum Fuel Systems Tech Worldwide Inc (NASDAQ:QTWW) showed a positive weekly performance of 6.59%.
On May 28, Daktronics, Inc. (NASDAQ:DAKT) reported fiscal 2014 fourth quarter net sales of $136.2 million and net income of $1.8 million, or $0.04 per diluted share, compared to net sales of $124.5 million and a net income of $1.8 million, or $0.04 per diluted share, for the fourth quarter of fiscal 2013. Fiscal 2014 fourth quarter orders were $137.7 million compared to $113.8 million for the fourth quarter of fiscal 2013. Backlog at the end of the fiscal 2014 fourth quarter was $171.6 million compared to a backlog of $141.3 million a year earlier and $169.8 million at the end of the third quarter of fiscal 2014. Daktronics, Inc. (NASDAQ:DAKT) net profit margin is 4.10% and weekly performance is -4.32%. On last trading day company shares ended up $12.84. Analysts mean target price for the company is $18.00. Daktronics, Inc. (NASDAQ:DAKT) distance from 50-day simple moving average (SMA50) is -6.50%.