The leading tech company Neonode Inc. (NASDAQ:NEON) announced the financial results for the quarter ending on March 31st, 2014. The gross margin of the company was $848,000 in the Q1 of the year 2014. In the same period of previous year, the gross margin was $532,000. With revenues and profit, the expenses of the company also have increased by a huge margin. The R&D expenses of the company were recorded as $1.8 million for the first quarter of the current year, in comparison to $1.6 million worth of R&D expenses for the Q1 of the previous year. Neonode, Inc (NASDAQ:NEON) weekly performance is 0.77%. On last trading day company shares ended up $3.94. Analysts mean target price for the company is $11.08. Neonode, Inc (NASDAQ:NEON) distance from 50-day simple moving average (SMA50) is -25.04%.
On May 23, Sparton Corporation (NYSE:SPA) announced that Cary Wood, Chief Executive Officer will attend the KeyBanc Capital Markets Industrial, Automotive & Transportation Conference on Thursday May 29, 2014 at the InterContinental Hotel in Boston. Mr. Wood will give a presentation at 9:00 a.m. in Room 509 and will be available throughout the day for one-on-one and small group meetings. Sparton Corporation (NYSE:SPA) shares advanced 8.21% in last trading session and ended the day on $29.00. Gross Margin is 18.30% and its return on assets is 9.40%. Sparton Corporation (NYSE:SPA) quarterly performance is -10.52 %.
On May 20, Vicor Corporation (NASDAQ:VICR) announced a new platform of isolated, regulated DC-DC converter modules based on the company’s Converter housed in Package (ChiP) power component platform. Delivering up to 2X the power density of conventional DC-DC converters, Vicor’s new ChiP DCMs™ enable power engineers to conserve valuable board space. ChiP DCMs can be utilized for a wide range of applications requiring high power density and thermal management flexibility. Vicor Corp (NASDAQ:VICR) shares moved up 7.55% in last trading session and was closed at $7.98, while trading in range of $7.44 – $8.05. Vicor Corp (NASDAQ:VICR) year to date (YTD) performance is -40.54%.
On ay 13, Qualstar Corporation (NASDAQ:QBAK) a manufacturer of data storage solutions and high-efficiency power supplies, reported financial results for its third fiscal quarter ended March 31, 2014. Net loss was $2.2 million or ($.18) per basic and diluted share vs $3.3 million or ($.27) per basic and diluted share, a 34% decrease in losses. Cash, cash equivalents and marketable securities were $7.7 million at March 31, 2014, down $6.1 million from $13.8 million at June 30, 2013. The decrease in cash is primarily due to repurchasing inventory back in-house from our previously outsourced manufacturing contractor, severance due to reduction of headcount and operating losses. Qualstar Corporation (NASDAQ:QBAK) ended the last trading day at $1.32. Company weekly volatility is calculated as 3.34% and price to cash ratio as 2.16. Qualstar Corporation (NASDAQ:QBAK) showed a negative weekly performance of -1.49%.