Yelp Inc. (NYSE:YELP)’s 1Q14 revenue topped expectations and even net loss of $0.04 per share beat the street expectation of $0.06 per share. Moreover, the company raised its outlook for the remainder of FY14 and even its 2Q14 outlook is somewhat better than consensus estimate. Yelp Inc (NYSE:YELP) shares after opening at $64.00 moved to $65.14 on last trade day and at the end of the day closed at $59.76 . Company price to sales ratio in past twelve months was calculated as 18.35 and price to cash ratio as 10.97. Yelp Inc (NYSE:YELP) showed a positive weekly performance of 3.70%.
LinkedIn Corp. (NYSE:LNKD) slumped on Friday after dismal quarterly results while Ares Management LP dropped on its market debut as a public company. LinkedIn Corp (NYSE:LNKD) shares fell -8.37% in last trading session and ended the day on $147.73. LNKD return on equity ratio is recorded as 1.50% and its return on assets is 1.10%. LinkedIn Corp (NYSE:LNKD) yearly performance is -26.75%.
QLogic Corporation (NASDAQ:QLGC) posted its quarterly earnings results on Thursday. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02,American Banking & Market News reports. The company had revenue of $115.70 million for the quarter, compared to the consensus estimate of $113.30 million. QLogic Corporation (NASDAQ:QLGC) shares moved down -7.91% in last trading session and was closed at $9.90 while trading in range of $9.82 – $10.93 – QLogic Corporation (NASDAQ:QLGC) year to date (YTD) performance is -16.31%.
SciQuest, Inc. (NASDAQ:SQI) a leading provider of cloud-based business automation solutions for spend management, announced its financial results for the first quarter ended March 31, 2014. GAAP loss from operations in the first quarter of 2014 was $0.1 million compared to GAAP loss from operations of $1.3 million in the first quarter of 2013. GAAP net income was $0.1 million in the first quarter of 2014 compared to GAAP net loss of $0.6 million in the same quarter in the prior year. SciQuest, Inc. (NASDAQ:SQI) weekly performance is -21.30%. On last trading day company shares ended up $19.25. SciQuest, Inc. (NASDAQ:SQI) distance from 50-day simple moving average (SMA50) is -30.43%. Analysts mean target price for the company is $32.69.