Mitel Networks (NASDAQ:MITL) announced its earnings results on Thursday. The company reported $0.16 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.20 by $0.04, AmericanBankingNews.com reports. The company had revenue of $241.50 million for the quarter, compared to the consensus estimate of $146.50 million. During the same quarter last year, the company posted $0.23 earnings per share. Mitel Networks’s revenue was up 68.8% compared to the same quarter last year. Mitel Networks Corporation (NASDAQ:MITL) weekly performance is 18.75%. On last trading day company shares ended up $10.83. Analysts mean target price for the company is $14.60. Mitel Networks Corporation (NASDAQ:MITL) distance from 50-day simple moving average (SMA50) is 11.51%.
ADTRAN Inc (NASDAQ:ADTN)‘s stock had its “neutral” rating reiterated by Zacks in a research note issued to investors on Wednesday, ARN reports. They currently have a $24.00 price target on the stock. Zacks‘s price target suggests a potential upside of 7.91% from the company’s current price. ADTRAN, Inc. (NASDAQ:ADTN) shares advanced 0.09% in last trading session and ended the day on $21.73. ADTN Gross Margin is 49.00% and its return on assets is 5.90%. ADTRAN, Inc. (NASDAQ:ADTN) quarterly performance is -13.43%.
R. F. Lafferty assumed coverage on shares of Knowles Corp (NYSE:KN). R. F. Lafferty issued a buy rating and a $47.00 price target on the stock. Knowles Corp (NYSE:KN) shares moved up 1.37% in last trading session and was closed at $29.66, while trading in range of $28.95 – $29.68. Knowles Corp (NYSE:KN) year to date (YTD) performance is 3.38%.
On May 5, 2014 GE Capital’s Equipment Finance business announced a new financing program for commercial buyers of collaboration solutions developed by Polycom Inc (NASDAQ:PLCM). Based in San Jose, Calif., Polycom is a leader in secure and flexible video, voice and content management solutions. Polycom Inc (NASDAQ:PLCM) ended the last trading day at $12.12. Company weekly volatility is calculated as 2.09% and price to cash ratio as 3.16. Polycom Inc (NASDAQ:PLCM) showed anegative weekly performance of -1.78%.