Vonage Holdings Corp. (NYSE:VG) introduces ReachMe Roaming™, a patented feature of its Vonage Mobile App® that allows U.S. travelers to receive free2 incoming calls to their existing cell phone numbers when connected to Wi-Fi anywhere in the world. Vonage Holdings Corp. (NYSE:VG) shares after opening at $4.05 moved to $4.37 on last trade day and at the end of the day closed at $4.35 . Company price to sales ratio in past twelve months was calculated as 1.11 and price to cash ratio as 10.91. Vonage Holdings Corp. (NYSE:VG) showed a positive weekly performance of 11.83%.
Iridium Communications Inc. (NASDAQ:IRDM) reported financial results for the first quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was $16.5 million, or $0.19 per diluted share, for the first quarter of 2014, as compared to $14.9 million, or $0.17 per diluted share, for the first quarter of 2013. Operational EBITDA (“OEBITDA”)(1) for the first quarter was $51.6 million, as compared to $46.8 million for the prior-year period, representing a year-over-year increase of 10 percent and an OEBITDA margin(1) of 53 percent. OEBITDA grew largely due to higher service revenue. Iridium Communications Inc. (NASDAQ:IRDM) shares advanced 14.09% in last trading session and ended the day on $7.61. IRDM return on equity ratio is recorded as 6.00% and its return on assets is 2.60%. Iridium Communications Inc. (NASDAQ:IRDM) yearly performance is 16.18%.
Sky-mobi Ltd (ADR) (NASDAQ:MOBI) tripped -6.27% after the company declared unaudited financial results for third quarter. Total revenues were RMB115.2 million (US$19.0 million), a decrease of 1.2% from RMB116.6 million in the fiscal second quarter finished September 30, 2013 and a decrease of 21.6% from RMB146.9 million in the fiscal third quarter ended December 31, 2012. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) shares moved up 2.48% in last trading session and was closed at $6.60 while trading in range of $6.30 – $6.94 – Sky-mobi Ltd (ADR) (NASDAQ:MOBI) year to date (YTD) performance is 77.42%.
Glowpoint, Inc. (NYSE MKT:GLOW), a leading provider ofvideo collaboration services and network solutions, will report financial results for the quarter ending March 31, 2014 on Wednesday, May 7, 2014, after the market closes. The company plans to host a conference call and simultaneous webcast that same day at 4:30 p.m. EDT featuring remarks by management and followed by a question and answer session. Glowpoint, Inc. (NYSEMKT:GLOW) weekly performance is 8.28%. On last trading day company shares ended up $1.70. Glowpoint, Inc. (NYSEMKT:GLOW) distance from 50-day simple moving average (SMA50) is 7.05%. Analysts mean target price for the company is $3.54.