Although Sky-mobi Ltd (ADR) (NASDAQ:MOBI) annual figures were disappointing, it pointed to Q4 financials that exceeded its guidance. Q4 revenue was up 12 percent to $20.7 million, and smartphone activity generated 68 percent of this. Net profit during the period was $700,000, demonstrating that the company is overcoming its transition from a feature phone business to a smartphone business. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) net profit margin is 5.30% and weekly performance is 8.65%. On last trading day company shares ended up $6.78. Analysts mean target price for the company is $7.50. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) distance from 50-day simple moving average (SMA50) is -12.61%.
Straight Path Communications Inc., (NYSEMKT:STRP) announced that it will be a featured presenter at the 3rd Annual Marcum MicroCap Conference on Thursday, May 29, 2014 in New York City at the Grand Hyatt Hotel. Straight Path Communications Inc. (NYSEMKT:STRP) shares advanced 1.68% in last trading session and ended the day on $9.66. STRP gross Margin is 10.00% and its return on assets is -20.20%.Straight Path Communications Inc. (NYSEMKT:STRP) quarterly performance is 21.51%.
Voltari Corporation (NASDAQ:VLTC) announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. The record date for the 2014 Annual Meeting has been set as the close of business on June 16, 2014. Voltari Corp (NASDAQ:VLTC) shares moved down -5.24% in last trading session and was closed at $1.81, while trading in range of $1.74 – $2.05. Voltari Corp (NASDAQ:VLTC) year to date (YTD) performance is -47.23%.
RRSat Global Communications Network Ltd. (NASDAQ:RRST) will begin trading ex-dividend on May 29, 2014. A cash dividend payment of $0.05 per share is scheduled to be paid on June 18, 2014. RRSat Global Communications Network Ltd. (NASDAQ:RRST) ended the last trading day at $9.20. Company weekly volatility is calculated as 2.36% and price to cash ratio as 8.14.RRSat Global Communications Network Ltd. (NASDAQ:RRST) showed a negative weekly performance of -1.08%.
Oi SA (ADR) (NYSE:OIBR) on 20 may has disclosed the results for the first quarter of the FY2014 through a press release on the company’s official website. Oi SA (ADR) (NYSE:OIBR) also reported that the sales of Globenet amounted to the total sum of R$3.3 billion in revenues. Oi SA also successfully completed the sales of the second tranche of mobile towers in this quarter. The company reports that in this quarter it incurred additional operational costs amounting to an impact of R$156 million on EBITDA. The EBITDA amounted to the total sum of R$2.9 billion in the Q1 of 2014. The gains from the sales of mobile towers totaled up to R41.3 million in this quarter. Oi SA (ADR) (NYSE:OIBR) weekly performance is 7.32%. On last trading day company shares ended up $0.883. Analysts mean target price for the company is $1.63. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -23.88%.