Alcatel Lucent SA (ADR) (NYSE:ALU) is due to report fourth-quarter and full-year earnings before the bell Thursday. Analysts expect the French telecommunications company to return to profitability for the first time since its fourth quarter in 2011. Analysts surveyed by Thomson Reuters anticipate net income of US$71.83 million from a net loss of $254.46 million in the September-ended third quarter. Consensus is for per-share earnings of 3 cents, compared to an 11-cents-a-share loss a quarter ago and 70-cents-a-share loss in the year-ago quarter. Revenue is expected to increase 4.4% to $5.64 billion. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened at $3.95 in last trading session, and closed at $4.11, trading in the range of $3.93 – $4.13. The stock showed a positive weekly performance of 2.49%.
InfoSonics Corporation (NASDAQ:IFON) announced the launch of its new verykool® T742 tablet with Wi-Fi and 3G capabilities. InfoSonics Corporation (NASDAQ:IFON) shares closed at $2.72 on last trade day, by gaining 7.94%. Stock 52 week range is $0.38 – $3.08. Company’s market capitalization is $38.58 billion.
Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) announced the launch of two new AirPrime® embedded wireless modules for 4G LTE networks. The AirPrime EM7340 and EM7345 are based on Intel chipsets and designed for integration into notebook computers and tablets, with a standardized M.2 form factor ideal for small, thin devices. With one of the new AirPrime modules integrated into a notebook or tablet computer, end customers have mobile broadband available at their fingertips, offering an efficient alternative to searching for public WiFi networks. Sierra Wireless, Inc. (USA) (NASDAQ:SWIR) stock advanced 5.93% and finished the last session at $20.71. The EPS of the stock remained 0.06. Company’s market capitalization is $644.04 million.
Wireless Telecom Group Inc (NYSEMKT:WTT) designs and manufactures radio frequency (RF) and microwave-based products for wireless and advanced communications industries and markets its products and services worldwide under the Boonton, Microlab and Noisecom brands. Its complementary suite of instruments and components includes peak power meters, signal analyzers, power splitters, combiners, diplexers, noise modules and precision noise generators. Wireless Telecom Group Inc (NYSEMKT:WTT) stock opened at $3.10 in last trading session and closed at $3.22. The 52 week range of the stock is $1.21 – $3.65 and the day range was $3.10 – $3.38.