On May 15, Paycom Software, Inc (NASDAQ:PAYX) a leading provider of a comprehensive cloud-based human capital management software solution, announced its financial results for the quarter ended March 31, 2014. Total Revenues of $37.0 million increased 34.1% compared to $27.6 million in the same period last year. Recurring revenue of $36.5 million also increased 34.0% from the comparable prior year period, and was 98.6% of total revenues. Net Income was $1.1 million, or $0.02 per diluted share, compared to $2.6 million, or $0.05 per diluted share in the same period last year. Non-GAAP net income1 was $1.6 million, or $0.03 per diluted share, compared to $2.4 million, or $0.05 per diluted share, in the same period last year. Paychex, Inc. (NASDAQ:PAYX) net profit margin is -9.10% and weekly performance is 0.94%. On last trading day company shares ended up $40.79. Analysts mean target price for the company is $19.00. Paychex, Inc. (NASDAQ:PAYX) distance from 50-day simple moving average (SMA50) is -7.35%.
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Aeroflex Holding Corp. (NYSE:ARX) concerning the proposed acquisition of the Company by Cobham plc (“Cobham”) (LSE:COB.LN). Under the terms of the transaction, Aeroflex stockholders will receive $10.50 in cash for each share of Aeroflex common stock they own, for a total transaction value of approximately $1.46 billion. Aeroflex Holding Corp. (NYSE:ARX) shares advanced 25.39% in last trading session and ended the day on $10.42. Gross Margin is 51.60% and its return on assets is -6.30%. Aeroflex Holding Corp. (NYSE:ARX) quarterly performance is 26.61%.
Hill International Inc (NYSE:HIL) the global leader in managing construction risk, announced that it has received two contracts from the City and County of San Francisco Airport Commission to provide project management services at San Francisco International Airport. The contracts have a combined value to Hill of approximately $6.4 million. Hill International Inc (NYSE:HIL) shares moved up 5.29% in last trading session and was closed at $6.17, while trading in range of $5.77 – $6.23. Hill International Inc (NYSE:HIL) year to date (YTD) performance is 56.20%.
Boardwalk Pipeline Partners, LP (NYSE:BWP) announced that Stan Horton, President and Chief Executive Officer, Jamie Buskill, Chief Financial & Administrative Officer, and Allison McLean, Vice President of Administration, will host meetings with investors at the 2014 Master Limited Partnership Annual Investor Conference sponsored by the National Association of Publicly Traded Partnerships (NAPTP) on May 21 and 22, 2014 in Ponte Vedra Beach, FL. Boardwalk Pipeline Partners, LP (NYSE:BWP) ended the last trading day at $16.50. Company weekly volatility is calculated as 2.61% and price to cash ratio as 140.81. Boardwalk Pipeline Partners, LP (NYSE:BWP) showed a positive weekly performance of 3.38%.
Socket Mobile, Inc. (OTCMKTS:SCKT) an innovative provider of mobile productivity solutions, reported at its annual meeting of stockholders that the company is continuing to gain barcode sales momentum in the emerging mobile point of sale (mPOS) market. Driven by sales into the mPOS market, total revenue from sales of Bluetooth barcode scanners in 2013 grew 69 percent, and first quarter 2014 barcode scanning revenue grew 16 percent sequentially over the previous quarter. Socket Mobile’s growing base of registered mPOS application developers numbers more than 90. Socket Mobile, Inc. (OTCMKTS:SCKT) On last trading day company shares ended up $1.60