Alteva (NYSE:ALTV) posted its quarterly earnings results on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.17, American Banking and Market News reports. Alteva Inc (NYSEMKT:ALTV) shares after opening at $7.04 moved to $7.33 on last trade day and at the end of the day closed at $6.80. Company price to sales ratio in past twelve months was calculated as 1.39 and price to cash ratio as 26.14. Alteva Inc (NYSEMKT:ALTV) showed a negative weekly performance of -5.56%.
Plexus Corp. (NASDAQ:PLXS) released its earnings data on Wednesday. The company reported $0.60 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.60,Analyst Ratings Net reports. The company had revenue of $557.60 million for the quarter, compared to the consensus estimate of $552.62 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. Plexus Corp. updated its Q3 guidance to $0.69-$0.74 EPS. Plexus Corp. (NASDAQ:PLXS) shares advanced 8.04% in last trading session and ended the day on $43.52. PLXS return on equity ratio is recorded as 11.80% and its return on assets is 5.70%. Plexus Corp. (NASDAQ:PLXS) yearly performance is 71.27%.
With companies increasingly expanding their footprint beyond their base territories in order to drive growth and shield their businesses from geopolitical swings, it has become evident that concentrating operations in one country entails a significant disadvantage, as well as high risks.Portugal Telecom, SGPS (ADR) (NYSE:PT)is now aware of this. The sovereign debt crisis in Portugal pushed the government to implement several austerity measures, which have plunged the country back into recession. Hence, despite being the incumbent telecom operator, PT has been suffering a downswing in its small and midsize enterprise business and its low-end wireless operations, a trend that is likely to continue.Portugal Telecom, SGPS (ADR) (NYSE:PT) shares moved up 0.95% in last trading session and was closed at $4.26, while trading in range of $4.17-$4.28. Portugal Telecom, SGPS (ADR) (NYSE:PT) year to date performance is -1.39%.
Fairchild Semiconductor (NASDAQ:FCS), a leading global supplier of power semiconductors, announced results for the first quarter ended March 30, 2014. Fairchild reported first quarter sales of $344.1 million, up 1 percent from the prior quarter and slightly higher than the first quarter of 2013. Fairchild Semiconductor Intl Inc (NASDAQ:FCS) weekly performance is -5.84%. On last trading day company shares ended up $12.90. Fairchild Semiconductor Intl Inc (NASDAQ:FCS) distance from 50-day simple moving average is -4.79%. Analysts mean target price for the company is $14.20.