A technology leader in application networking, launched the new A10 Affinity Partner Program in North America, a program designed to motivate and reward A10’s channel partners who sell the company’s application service gateway products. Through this program, A10 channel partners will have what they need to participate in the multi-billion dollar high-growth application networking market. Affinity partners will gain access to a host of resources and enablement programs that will help them lead with A10 solutions and grow their business. Core benefits of the program include expanded program offerings, increased partner profitability, and new training/tools. A10 Networks Inc (NYSE:ATEN) shares after opening at $13.19 moved to $13.27 on last trade day and at the end of the day closed at $12.40. Company price to sales ratio in past twelve months was calculated as 5.17 and price to cash ratio as 35.19. A10 Networks Inc (NYSE:ATEN) showed a negative weekly performance of -2.75%.
Ikanos Communications, Inc. (NASDAQ: IKAN) reported Q1 EPS of ($0.10), $0.01 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $14.5 million versus the consensus estimate of $15 million. Ikanos sees Q214 EPS of ($0.11)-($0.13), versus the consensus of ($0.08). Ikanos also sees Q2 2014 revenue of $11.6 – $13.7 million, versus the consensus of $16.75 million, Ikanos Communications, Inc. (NASDAQ:IKAN) shares fell -9.96% in last trading session and ended the day on $0.520. IKAN return on equity ratio is recorded as -67.90% and its return on assets is -41.20%. Ikanos Communications, Inc. (NASDAQ:IKAN) yearly performance is -67.50%.
RiT Technologies Ltd. ( NASDAQ:RITT), a leading provider of intelligent infrastructure management, announced that Mr. Dewald Burger, RiT’s Country Manager for South Africa, has been appointed to serve as Chairman of BICSI South Africa. RiT Technologies Ltd.(NASDAQ:RITT) shares moved down -9.26% in last trading session and was closed at $1.47, while trading in range of $ 1.45 – 1.62 . RiT Technologies Ltd. (NASDAQ:RITT) year to date (YTD) performance is -16.48
Ambient Corporation (NASDAQ:AMBT) is currently trading in a very volatile manner; the stock made a substantial gain in the previous week, but seems to be on a downward bias in its recent few trading sessions and has lost all the gains it made previously. The traders can go short on the stock with a short term target of $1.36 and traders looking to bear a greater risk can short the stock with a target of $1.26 with a strict stop loss of $1.62. Ambient Corporation (NASDAQ:AMBT) weekly performance is -23.42%. On last trading day company shares ended up $0.919. Ambient Corporation (NASDAQ:AMBT) distance from 50-day simple moving average (SMA50) is -39.26%.