InterCloud Systems Inc (NASDAQ:ICLD), released its earnings data on Tuesday April 8, 2014. The company reported ($3.24) earnings per share (EPS) for the quarter, American Banking News.comreports. InterCloud Systems, Inc, formerly Genesis Group Holdings, Inc, is a provider of specialty and end-to-end outsourced networks and infrastructure services to the wireless and wireline telecommunications industry. InterCloud Systems Inc (NASDAQ:ICLD), shares after opening at $4.22 moved to $4.40 on last trade day and at the end of the day closed at $4.37. Company price to sales ratio in past twelve months was calculated as 0.87 and price to cash ratio as 13.83. InterCloud Systems Inc (NASDAQ:ICLD), showed a negative weekly performance of 19.52%.
Singular Research cut their price objective on shares of Viad Corp (NYSE:VVI), from $38.00 to $34.00 in a research note issued on Wednesday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. Singular Research’s price objective indicates a potential upside of 38.89% from the stock’s previous close. Viad Corp. (NYSE:VVI) last posted its quarterly earnings results on Thursday, February 6th. The company reported ($0.23) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.19) by $0.04. The company had revenue of $201.80 million for the quarter, compared to the consensus estimate of $201.08 million. Viad Corp.’s revenue was down .3% compared to the same quarter last year. Analysts expect that Viad Corp. will post $1.64 EPS for the current fiscal year. The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Wednesday, March 12th. Viad Corp (NYSE:VVI), shares advanced 7.20% in last trading session and ended the day on $24.70. Viad Corp (NYSE:VVI), return on equity ratio is recorded as 7.60% and its return on assets is 4.60%. Viad Corp (NYSE:VVI), yearly performance is 19.09%.
Good Times Restaurants Inc. (NASDAQ:GTIM), reported that same-store sales for its second fiscal quarter ended March 31, increased 17.8 percent, representing a two year increase of 24.7 percent. Also, same-store sales were up 19.2 percent for March, on top of last year’s 3.9 percent increase, according to a news release. March marked the sixth consecutive month of two-year same-store increases of plus-20 percent. The company also said it is planning an expansion in Colorado. “We continue to deliver exceptional sales results, which is translating into significant operating margin expansion and increasing cash flows from operations which provides the impetus for us to build new Good Times restaurants in Colorado again in addition to an aggressive remodeling and reimaging schedule for our older restaurants. Our focus for Good Times is to continue to build out the front-range market of Colorado while we also build new Bad Daddy’s restaurants in Colorado and beyond,” CEO Boyd Hoback said in the release. The company also reported that its first Good Times restaurant to exceed $2 million in annual sales happened in March. “We are very excited to have a 950-square-foot restaurant generating $2 million in annual sales and it continues to grow along with the rest of our system. We also expect the new Good Times restaurants under development to significantly exceed our system-wide sales average based on the dynamics of the trade areas, our new building design and the performance of our newer restaurants,” Hoback said. Good Times Restaurants Inc. (NASDAQ:GTIM), shares moved up 10.07% in last trading session and was closed at $3.39, while trading in range of $ 3.03 – 3.73. Good Times Restaurants Inc. (NASDAQ:GTIM), year to date (YTD) performance is 34.52%.
DGSE Companies, Inc. (NYSEMKT:DGSE), has now closed all of its Southern Bullion coin and jewelry division locations. As previously announced, six Southern Bullion locations were closed in February and four additional locations were closed in early April. The final 13 locations were closed this week. DGSE will continue to operate 12 retail locations, including nine Dallas Gold & Silver Exchange locations in Texas, one Bullion Express location in Illinois and two Charleston Gold & Diamond Exchange locations in South Carolina along with Fairchild International, the company’s wholesale watch division. The Southern Bullion division will be reclassified as discontinued operations. During 2013, these discontinued operations generated a net loss of approximately $1.9 million. The remaining 12 locations, inclusive of all ongoing corporate overhead and public company costs, generated a net loss of approximately $800,000 in 2013, and, excluding $1.7 million in non-recurring charges, these remaining 12 locations generated a profit of approximately $900,000 in 2013. “Closing Southern Bullion was a necessary decision, as these locations represented approximately 20 percent of our revenue, but approximately 70 percent of our operating loss,” said Dusty Clem, the CEO of DGSE Companies. “The significant change in the precious metal markets, including a 30 percent decline in the spot price of gold, had a disproportionately negative impact on the customer traffic, transactional volume and ultimately the profitability of the Southern Bullion division. These stores were unable to make the transition from gold-buying shops to the full exchange model that characterizes our successful operations in Dallas, Charleston and Chicago.” DGSE Companies, Inc. (NYSEMKT:DGSE), weekly performance is 8.10%. On last trading day company shares ended up $2.27. DGSE Companies, Inc. (NYSEMKT:DGSE), distance from 50-day simple moving average (SMA50) is -0.47%.