Extreme Networks (NASDAQ:EXTR) announced its earnings results on Tuesday. The company reported $0.02 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.02, AnalystRatingsNetwork.com reports. The company had revenue of $141.80 million for the quarter, compared to the consensus estimate of $145.83 million. During the same quarter last year, the company posted $0.04 earnings per share. Extreme Networks’s revenue was up 107.9% compared to the same quarter last year. Extreme Networks updated its Q4 guidance to $0.02-0.04 EPS. Extreme Networks, Inc (NASDAQ:EXTR) shares after opening at $4.56 moved to $4.65 on last trade day and at the end of the day closed at $3.95. Company price to sales ratio in past twelve months was calculated as 1.02 and price to cash ratio as 3.38. Extreme Networks, Inc (NASDAQ:EXTR) showed a negative weekly performance of -30.94%.
Oclaro (NASDAQ:OCLR) issued its quarterly earnings data on Tuesday. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by $0.01, Analyst RN reports. The company had revenue of $95.39 million for the quarter, compared to the consensus estimate of $98.79 million. During the same quarter in the previous year, the company posted ($0.37) earnings per share. The company’s revenue for the quarter was down 6.0% on a year-over-year basis. Oclaro, Inc.(NASDAQ:OCLR) shares fell -33.46% in last trading session and ended the day on $1.77.OCLR return on equity ratio is recorded as -11.40% and its return on assets is -4.90%. Oclaro, Inc. (NASDAQ:OCLR) yearly performance is 34.70%. Oclaro, Inc.(NASDAQ:OCLR) shares moved -3.84% in last trading session and was closed at $15.76, while trading in range of $ 3.48 – 3.60. Oclaro, Inc. (NASDAQ:OCLR) year to date (YTD) performance is 7668%.
Quantum Fuel Systems (NYSE:QTWW) stock is surging Wednesday after sharing its strategic plans to service the heavy duty original equipment manufacturer (OEM) market. Shares have partially recovered from heavy falls suffered over Tuesday after one of its major customers partnered with a competitor. Quantum Corp (NYSE:QTM) weekly performance is -8.43%. On last trading day company shares ended up $0.989. Quantum Corp (NYSE:QTM) distance from 50-day simple moving average (SMA50) is -14.58%. Analysts mean target price for the company is $2.08
Sapient Corporation (NASDAQ: SAPE), announced that Academy Award-winning filmmaker Spike Jonze will join its keynote seminar ‘Meet The Disruptors’ at Cannes Lions 2014. The acclaimed writer-director, who won this year’s Oscar for ‘best original screenplay’ with Her, will take to the Cannes main stage with SapientNitro’s Worldwide Chief Creative Officer Gaston Legorburu, to discuss the future of stories and experiences in an always-on, increasingly connected world driven by constantly evolving technologies. Sapient Corporation (NASDAQ:SAPE) shares fell -3.84% in last trading session and ended the day on $15.76. SAPE return on equity ratio is recorded as 19.60% and its return on assets is 12.50%. Sapient Corporation (NASDAQ:SAPE) yearly performance is 34.70%.
AOL, Inc.(NYSE:AOL) has posted a drop in quarterly profit, with the company’s stock price falling 22 per cent after it missed earnings expectations due to the cost of restructuring its digital and media entertainment businesses. Net income dropped 64 per cent to $US9.3 million because of costs related to workforce reduction and a $US10 million impairment charge for software at the division that operates its legacy subscription dial-up services. AOL, Inc.(NYSE:AOL) shares moved down -20.62% in last trading session and was closed at $34.85, while trading in range of $ 32.31 – 40.01. AOL, Inc.(NYSE:AOL) year to date (YTD) performance is -25.25%.